【Dry goods】about the Hong Kong company audit and registered capital of the question tube details

一、Why Hong Kong companies must be audited

In accordance with the laws and regulations of Hong Kong, Hong Kong companies zero declaration of tax returns was not in line with the laws and regulations of Hong Kong, a company either onshore or offshore operations, as long as there are business operations must do the audit report.

二、Hong Kong Company Audit Fees

Hong Kong company audit must be handled by a third-party agent, the audit report needs to be issued by a licensed accountant in Hong Kong, and the audit fee is charged according to the standard of incoming water. At present, each accounting firm or agency in the market charges are different, our reference cost: no operating audit report 1800 yuan / year.

三、Hong Kong companies do not do audit consequences

1、a long time zero declaration or did not show the audit report of the company will be the focus of monitoring, and then the more serious point will be the Hong Kong government to freeze assets and other penalties.

2、long time not do audit not tax return has a great possibility to enter the blacklist of the Inland Revenue Department.

3、Even the company may be canceled.

Hong Kong company audit and annual audit is to maintain the normal operation of the company's two necessary work, Hong Kong company annual audit date is the date of registration.So Hong Kong company audit specific time to do? On this issue below for you to explain in detail.

Hong Kong company audit timeline:

Hong Kong initial audit, can be done within 18 months after the date of registration, to do the audit time there are two options March 31 and December 31, selected audit date, every other year.

It should be noted that in order to avoid late, it is recommended to prepare the relevant information in advance before the issuance of the return, if the tax return is not submitted within the specified time after receiving the

Failure to deal with it in a timely manner will result in the following consequences:

Initial overdue will be fined HK$1,200 and if not dealt with within 14 days of the fine, prosecuted and the fine raised from HK$1,200 to HK$3,000.

A second overdue will result in a fine of HK$3,000 and again, if not dealt with within 14 days of the fine, prosecution will be taken and the fine will be raised from HK$3,000 to HK$8,000.

If you know that you do not have enough time to submit the application within the prescribed period, you can apply for an extension of time by filling in the extension application form.May apply for an 8-month extension of time to file tax forms (8-month extension from March 31 or December 31)

Q: What is the registered capital of a Hong Kong company?

A: Registered capital is also known as nominal capital. Hong Kong registered company is a limited liability company, the company's registered capital is generally divided into a number of shares per share of a number of shares, for example, the registered capital of a limited company county full thousand

10000 yuan, divided into 10000 shares of each share of Hong Kong dollar 1.The amount of registered capital represents the maximum amount of money a company can raise, i.e., the maximum number of shares a company can sell to its shareholders.

Q; What is the actual capital of a Hong Kong registered company?

A; Actual capital is also known as issued capital. It represents the total amount of shares that have been sold to the shareholders. It also represents the liability of the shareholders.If the company is wound up, the liability of the shareholders is limited to the unpaid capital.

Q: Does the registered capital of a Hong Kong company need to be verified?

A: Regardless of the amount of registered capital, no capital verification is required.

Q: What is the difference and relationship between registered capital and share issuance?

A: Registered capital is registered with the government first. Issued shares are issued after the capital is registered, so the issued shares will not exceed the registered capital.Shareholders are required to pay up the full amount of shares issued in proportion to their shareholding, rather than on the basis of registered capital.The company's liability for future debts is also calculated on the basis of the shares issued.

Q: What does the registered capital of a Hong Kong company represent?

A: Registered capital has the following significance; high capital raising ability of the company: the company can raise funds by issuing new shares to existing shareholders or new investors, the higher the registered capital, i.e., the more funds the company can raise. Great responsibility of shareholders: If the company is wound up and closed down, the responsibility of shareholders is limited to the issued and unpaid share capital, not the registered capital.

Q: How much registered capital does a company need to register?

A: Registered capital represents a company's ability to raise capital. In addition, the registered capital can also be regarded as the shareholders' commitment to the company's future debts, and the larger the registered capital, the greater the public's confidence in the company.

Criteria for Hong Kong Limited Liability CompanyRegistered capital is HK$10,000.