FAQ
FAQ
Company Formation
How to register a company in Hong Kong?
You need to choose a company name, determine the registered address, draft the company’s articles of association, and submit the company registration application. We provide one-stop company registration services to help you complete all steps smoothly.
How long does it take to register a company?
Using electronic services, company registration usually takes 1-2 working days. We will expedite the process based on your needs to ensure you start your business on time.
What Is the difference between a limited company and an unlimited company?
In a limited company, shareholders’ liability is limited to their investment amount, while in an unlimited company, shareholders are fully liable for the company’s debts. Choosing a limited company can better protect personal assets.
Accounting Services
What accounting services does a new company need?
A new company needs basic bookkeeping services, financial statement preparation, and tax filing. We provide comprehensive accounting services to ensure your financial management is efficient and accurate.
How often should accounting reports be prepared?
Generally, accounting reports can be prepared monthly, quarterly, or annually, depending on your business needs.
How should a startup manage cash flow?
Managing cash flow is key to the success of a startup. We provide professional financial consulting to help you develop cash flow management strategies and ensure smooth fund operations.
Audit Services
Does a new company need to be audited?
According to Hong Kong law, all limited companies must undergo an annual audit. We provide comprehensive audit services to ensure your financial statements comply with regulatory requirements.
What are the main purposes and benefits of an audit?
The main purpose of an audit is to ensure the accuracy and reliability of financial statements, enhancing corporate trust and compliance. Additionally, audit reports help investors and stakeholders make informed decisions.
What Is the audit process?
The audit process includes data collection, financial analysis, internal control assessment, and final reporting. Our professional team ensures each step is completed efficiently and accurately.
Tax Filing Services
What taxes does a new company need to file?
Hong Kong companies need to file profits tax. Additionally, depending on your business nature, other taxes may need to be filed. We provide comprehensive tax filing services to ensure your tax compliance.
What documents are needed for tax filing?
Typically, financial statements, tax computation forms, supplementary forms, and other documents are required. We will inform you of the required documents in detail to ensure a smooth tax filing process.
How to legally reduce tax burden?
Our tax experts can provide tax planning advice to help you legally reduce your tax burden and increase business revenue.
What Is tax compliance?
Tax compliance means accurately reporting and paying taxes as required by law. We provide comprehensive tax compliance services to ensure you avoid penalties.
Company Secretarial Services
Why does a new company need company secretarial services?
A company secretary ensures corporate compliance, manages legal documents, and ensures regulatory adherence, reducing legal risks, especially for new companies.
What are the main responsibilities of a company secretary?
A company secretary is responsible for legal and regulatory guidance, document management, compliance assurance, and assisting with daily company operations. We provide comprehensive company secretarial services to ensure your business operates legally.
How to choose the right company secretarial service provider?
Choosing a service provider with extensive experience and professional knowledge ensures your business operates smoothly and compliantly. Our professional team will provide high-quality services to meet your needs.
