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Helping businesses go global
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15year
Experience in Annual Audit Services for Hong Kong Companies
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9year
Senior accountant's professional experience
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16000+
Partner
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90%
Customer cooperation renewal rate
Companies registered in Hong Kong must undergo an annual review to ensure their legal operation. Annual review is the basis for the legal existence of Hong Kong companies, and all companies registered in Hong Kong, whether operating or not, must undergo annual review.
Hong Kong company Annual review
Consequences of Hong Kong companies failing to conduct annual audits on time
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1
Penalty for delayThe annual audit fines for Hong Kong companies are cumulative, and the longer the overdue period, the greater the fine, up to a maximum of 50000 yuan.
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2
Affects company operationsYour Hong Kong company account has been frozen, may be prohibited from opening new bank accounts, and may affect the company's revenue and expenditure business. -
3
BlacklistedYour Hong Kong company does not undergo annual review, and the company's directors and shareholders are likely to be blacklisted and will not be allowed to register a company in Hong Kong in the future. -
4
The company has been deregisteredYour Hong Kong company is not subject to annual review and has ignored court summons. In the future, your Hong Kong company will be deregistered and legal responsibility will be pursued.
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