Audit – Hong Kong CPA, Accounting, Audit, Tax & Corporate Services

Audit services for your business

A Hong Kong company established with limited liability is required by the Hong Kong Companies Ordinance to prepare statutory audited financial statements every year. This is also essential for the completion and filing of profits tax return issued by Hong Kong Inland Revenue Department. We are pleased to be engaged as auditor of your company to complete the statutory audit for compliance with relevant laws and regulations, as well as offering constructive comments on operations improvement identified throughout our course of the audit.

We have extensive experience serving as auditors of clients across a wide range of industries, such as:

Trading of goods
Consulting and IT services
Advertising and media services
Online game services
Café and restaurants
Investment and property holding

Is it a must for a company to be audited?

Yes, a Hong Kong limited company is required by the Hong Kong Companies Ordinance to prepare statutory audited financial statements every year. However, audit is not mandatory for Hong Kong sole proprietorship and partnership, and companies incorporated in certain countries depends on the requirements of respective jurisdictions.

How to determine the accounting period to be audited?

You can choose a year-end date for any calendar month of the year. But the most common year-end chosen is end of December or end of March, because the company can enjoy filling extension of profits tax return to 15^th August and 15^th November respectively in the following year. The first accounting period of the company shall be from date of incorporation to a chosen year-end date and within 18 months from the date of incorporation.

What are the deliverables of audit services?

Signed audited financial statements will be prepared and 2 set of original signed audited financial statements will be returned to you on the completion of audit. If you also engage us for tax services, we will submit the audited financial statements together with the profits tax return and profits tax computation to Hong Kong Inland Revenue Department on your behalf.