Professional Tax, Accounting & Bookkeeping Services for Hong Kong companies

Our firm comprises a team of highly qualified professionals. We offer comprehensive support in Hong Kong accounting services, guidance on tax policies, and assistance with tax filings.

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Tax - acoounting service for Hong Kong company

Annual requirementBR, AGM - AR servicesAccounting & auditingTaxation & offshore formService procedureTransfer services

A summary of Hong Kong corporate annual filing

Hong Kong corporate annual filing is an essential requirement for companies operating in Hong Kong. It involves the submission of various documents:

1

Business Registration

The Business Registration Certificate must be submitted to the Hong Kong Inland Revenue Department (IRD) before the annual renewal date.

2

Annual return

This report provides updated information about the company's shareholders, directors, and registered office address.

3

Audited financial statements

Every Hong Kong business must be audited by a certified third-party Auditor, who then submits the results to the Inland Revenue Department (IRD).

4

Profits Tax Return to the IRD

This return includes details of the company's income, expenses, and tax computation.

Accounting expert is ready to support

Professional tax accounting services for Hong Kong companies

Professional annual tax accounting services for Hong Kong companies

1. Consultation

Advisory on Hong Kong Financial Reporting Standards and Tax regulations in Hong Kong.

Other consultations related to salary and healthcare insurance (if applicable).

2. Preparation

Collection and management of business accounting documents.

Data conversion and Bookeeping using QuickBooks software.

Preparation of financial reports in comply wth the Hong Kong Financial Reporting Standards.

Generation of customize reports upon the Company's request.

Preparation of the Audited Financial Reports following the Hong Kong Financial Reporting Standards.

3. Tax support

Preparation and submission of the Profit Tax return for the Hong Kong company.

Preparation and submission of the Offshore Claim Form for the Hong Kong Company (if any).

The 20-page Financial reports set includes

WHAT OUR CLIENTS SAY?

Giang Nguyen [...] I recommend Global Link Asia Consulting to all my entrepreneur friends since I am impressed with the service of Global Link Asia Consulting. The accounting team is very professional. Especially the accountant Kaylin, who helps monitor and remind me of each reporting period very well and enthusiastically.

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Tax and Accounting services on a monthly or yearly basis

Check out the comparison table for monthly and yearly accounting and tax services

Monthly TAX - ACCOUNTING

Best suited for:

Retail and e-commerce businesses.

High transaction volume, over 100/year.

Companies without an accounting team or unfamiliar with Hong Kong Financial Reporting Standards.

Companies looking to optimize accounting processes with software.

Key deliverables:

Consulting on Hong Kong accounting standards and tax regulations.

Unlimited consultation frequency and time.

Monthly collection and management of business tax documents.

Setting up data and bookeeping in QuickBooks Online.

Preparing monthly financial reports in accordance with Hong Kong accounting standards. Providing ongoing collaboration with Hong Kong auditors to complete audited financial statements in Hong Kong.

Preparation of customized managements report upon business request.

Support in preparing and filing corporate Profit tax returns with the Hong Kong Inland Revenue Department.

Other consultations related to salary and healthcare insurance (if applicable).

yearly TAX - ACCOUNTING

Best suited for:

B2B and service-oriented businesses.

Small transaction volumes.

Companies with a dedicated accounting and tax team for regular monitoring.

Key deliverables:

Consultation on Hong Kong Accounting Standards and tax regulations.

One-time consultation at the end of each financial year or after financial reporting. Deep-dive consultations may be charged fees.

Collection and management of business tax documents after the end of the financial year.

Setting up data and bookeeping in QuickBooks Desktop .

Preparation of annual financial reports according to Hong Kong Financial Report Standards.

Preparation of customized managements report upon business request.

Support in preparing and filing corporate Profit tax returns with the Hong Kong Inland Revenue Department.

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Preparation of Business Registration, Annual General Meeting (AGM) and Annual Report (AR)

The Business Registration Certificate, Annual General Meeting (AGM) minutes, and Annual Report (AR) are mandatory reports that need to be submitted to the Hong Kong Inland Revenue Department and the Hong Kong Companies Registry.

Business Registration Certificate

The Business Registration must be submitted to the Hong Kong Inland Revenue Department (IRD) within one month from the renewal date (following the 12-month cycle from the date of establishment of the Hong Kong company).

Annual General Meeting (AGM)

AGM stands for Annual General Meeting, which is a mandatory annual meeting where minutes are documented.

The first AGM must be held within 18 months from the incorporation date.

The following AGM will be held every year, and the interval between the two AGMs should not exceed 15 months.

Annual Return (AR)

Annual Return is separate from financial statements. It includes key information of the company such as directors, secretaries, shareholders, share capital, registered address.

The Annual Return will be submitted within 1 month after the AGM.

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Professional Tax consulting services for Hong Kong companies

Global Link Asia Consulting provide A-Z professional tax - accounting services for Hong Kong companies:

Global Link Asia Consulting provides support in:

Preparation of Profit tax returns for Hong Kong companies to the Hong Kong Revenue Department (IRD) based on the audietd financial reports.

Submission of the Profit tax returns to the Hong Kong Revenue Department (IRD) and monitoring the process.

Preparation and submission of the Offshore Claim Form in cases the Hong Kong company generates income outside Hong Kong's territory and has no personnel or office in Hong Kong, the Hong Kong company may apply for an Offshore Claim Form for corporate income tax exemption in Hong Kong.

Fast - Professional - Dedicated Support - Bilingual in English and Vietnamese

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Offshore Claim Form Application Service for Hong Kong Companies

Global Link Asia Consulting provides assistance to Hong Kong businesses in consulting and preparing declarations for claiming corporate income tax exemption in Hong Kong.

Important note

Hong Kong applies a corporate income tax exemption policy for Hong Kong companies with revenue and profits generated outside Hong Kong's territory and no personnel or office in Hong Kong.

IMPORTANT

Corporate Income Tax Exemption Policy

The process of preparation and submission of an Offshore Claim Form in Hong Kong is generally challenging and time-consuming.

After the year-end financial audit, for qualified Hong Kong companies, Global Link Asia Consulting supports consultation, preparation, and submission of the Offshore Claim Form for Hong Kong companies for corporate income tax exemption in Hong Kong.

Decision-Making Authority

The Hong Kong Inland Revenue Department will decide whether the company qualifies for tax exemption or not.

Audit services

Every business in Hong Kong is required to undergo an audit conducted by an independent auditor certified in Hong Kong. The Hong Kong Inland Revenue Department (IRD) or the Inland Revenue Department will only accept audited data.

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Process for using our Hong Kong Tax, Accounting & Bookkeeping Service

Step 1: Consultation

We will consult, acquire your expectations and references, and offer customized service packages that align perfectly with your specific needs. After that, we send you a detailed email including tax & accounting process, required documents, service fee. Should there be any querry, feel free to contact us via phone number or meet us directly at the office.

Step 2: Payment verification

If you choose to use our exceptional Hong Kong tax, Accounting & Bookkeeping Service, you just need to make the settlement.

A payment guide will be sent via email.

Step 3: Set up and Bookeeping

The tax accounting team will begin the initial accounting review, to ensure that that we have all the necessary information.

After that we will provide you with an effective workflow for exchanging and sharing information.

Step 4: Review & Approval

Our dedicated team will close books, prepare comprehensive financial statements and others. Once the accounts are finalized, we will diligently deliver them to you for thorough review and approval.

Step 5: Audit & Tax returns filiing

Upon completion of the bookeeping, we shall work with an Auditors to produce audited financial statemnents.

When the tax accounting period is due, we will compute and file appropriate tax returns to Inland Revenue Department (IRD), notify you of any necessary tax payments, assit in Hong Kong tax compliance requirements and other compliances (if any).

Experience the difference our service can make by transfering to Global Link Asia Consulting

Quick and seamless transition

The process of transitioning from another service provider to Global Link Asia Consulting will be done quickly and efficiently.

Thorough data verification and processing

We take the initiative to support businesses in addressing outstanding tax and accounting records and procedures that were not submitted. We help integrate your data in QuickBooks online accounting software securely and safely.

Ensured Adherence to Tax and Accounting Standards

We conduct a thorough examination of the records to make sure that all information is processed while adhering to the standards set by the respective Hong Kong financial reporting stanrdards and tax regulations regulated by Hong Kong Inland Revenue Department.

Who can benefit from our services?

Start-up company

Small and medium-sized enterprises

Large corporations and multinational companies

Is it time for your business to optimize its tax model?

Global Link Asia Consulting is ready to help

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Why should you consider Global Link Asia Consulting's Hong Kong tax accounting and financial reporting services?

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Professional accountants eqquiped with deep experience and local knowledge

With a team of highly qualified and experienced local experts spanning diverse in Hong Kong, can assist you timely and professionally. They can confidently guide you through setting up the right accounting structure and maintenance for your business.

Industry-standard accounting software QuickBooks Online

We utilize the widely recognized and industry-standard accounting software, QuickBooks Online, as part of our service offering.

QuickBooks Online can do everything from bookkeeping, inventory counting to financial reporting for small and medium-sized businesses, multi-branch businesses, etc., completely online, anytime, anywhere.

Seamless technical integration with an advanced accounting system

By utilizing Global Link Asia Consulting's services for Hong Kong corporate tax, accounting, and financial reporting, businesses will experience a streamlined and modernized approach to handling their business information and financial statements.

Our online platform ensures that tax accounting reports and financial statements for Singapore companies are generated automatically, securely, and with utmost convenience.

Global Link Asia Consulting hopes we will shorten the processing process and waiting time of businesses to help businesses track and update accounting tax reports and financial statements of Hong Kong companies quickly, easy, convenient and extremely effective, professional.

We strive to expedite the processing time and reduce waiting periods, enabling businesses to efficiently track and update their accounting tax reports and financial statements.

Similar to all other services of Global Link Asia Consulting such as Company registration (Singapore, USA, Hong Kong, Thailand, etc.), digital/physical bank account opening, we adhere to a stringent framework and leverage cutting-edge automation tools to bring you the best experience.

Professional services with dedicated support

We are committed to providing exceptional professional services along with dedicated support. Our customer service team is available 24/7 to assist you with any inquiries, follow up on relevant deadlines, and provide dedicated support when dealing with the Hong Kong tax department. If you require further assistance or encounter any potential penalties, we are here to help.

Whatever your needs may be, our comprehensive service is designed to assist you. No matter the nature of your queries, we are equipped to provide you with the necessary answers and support.

WHAT DO OUR CLIENTS SAY?

Linh Phan [...] The team is highly professional. They closely monitor and help me when I need. My dedicated accountant is enthusiastic, proactive and highly professional.

Thai Duong [...] Global Link Asia Consulting team always reminds me on time of the deadlines and quickly consult my company on complex tax issues. A big thank to the team.

FAQs when using Global Link Asia Consulting's Hong Kong tax and accounting services?

1. Why should you use our tax accoutning service for companies registered in Hong Kong?

As business flourishes, many owners want to spend their valuable time on what truly matters rather than the intricacies of tax accouting standard of Hong Kong. In addition, the cost of hiring experienced accountants in Hong Kong poses a cost challenge for businesses. That is when we come in, you can outsource everything to us and rest assured that we will provide you with only the best.

2. What accounting sofware do you use?

While our preferred accounting software options are Quickbooks, renowned for being industry standards, we are also adept at working with a diverse range of platforms including Sage, FreshBooks, Wave, and more.

Our flexibility extends to adapting and seamlessly integrating with any accounting system, as long as remote access is available.

3. How is the statuary audit done in Hong Kong?

Auditing stands as a mandatory step for Hong Kong companies prior to tax submission, in accordance with the Hong Kong Inland Revenue Department.

After preparing all the unaudited financial statement, we will work with our trusted accredited auditting firm in Hong Kong who wil check and all the documents before sending back to us for tax filing.

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Global Link Asia Consulting is ready to help

I aim to employ international financial report preparation, advisory, and tax filing services to instill professionalism and achieve breakthroughs in my business today.

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