All Hong Kong companies
BVI, Clayman Island, Mauritius, Bahams
Q2
Do I need to audit the accounts if my Hong Kong company is inactive or the
turnover is small?
A2
The requirement to audit the accounts of the company is set down by the Hong Kong
Companies Ordinance. The Ordinance does not provide any conditions under which no
audit is required.
Q3
The Tax Department has recently informed me that it will not send tax returns to
the company. Does it mean that I do not need to audit the company's accounts?
A3
No. The audit of the company's account is still necessary even audited accounts is
not required to be submitted because the Tax Department does not issue the tax
return.
Q4
How the amount of audit fee is being determined?
A4
The amount of audit fee depends on the size of the job. Normally, the bigger the
company the higher the fee because more time is required. Poken charge is
reasonable and competitive. We also provide free fee assessment service. Please
contact us for information.
Q5
How long does it take before I can have the audited accounts?
A5
Audit time required depends on the size of the job. Normally, the bigger the
company the long the time is required. However, the time schedule can be agreed
upon before engagement is confirmed.
IF YOU HAVE ANY OTHER QUESTIONS, PLEASE GO TO FREE
ENQUIRIES SECTION AND SEND US YOUR ENQUIRY. WE WILL ANSWER YOUR QUESTIONS
AS SOON AS POSSIBLE.
