Annual Audits for Hong Kong Companies

Under the laws of Hong Kong, a Hong Kong company is required to conduct its annual Examination on the anniversary date of incorporation of the company so as to operate legally.

As a Hong Kong-based company, Conpak fully understands the business environment of Hong Kong and provides annual audit services with professionalism. In addition to drafting statutory documents for the government, we also prepare resolutions to be proposed at the annual general meeting and board meeting respectively for enterprises in compliance with the laws of Hong Kong. Our professional consultants also perform risk assessment and give specific advices for improvement based on the available financial reports of the company.

Procedures of an Annual Examination

Signing on the annual return file → Conducting the annual audit → Renewal of the business registration certificate and delivery of the annual return.

Coverage of Annual Examination for Hong Kong Companies

• Delivery of annual return;
• Renewal of the business registration certificate;
• Reappointment of authorized secretary;
• Renewal of the address of registration.

Dates for Annual Examination for Hong Kong Companies

Within 42 days upon the anniversary of incorporation.

Penalties for Late Annual Examination for Hong Kong Companies

• The fines charged for late delivery of an annual return are as follows:

  Delivery Date	Fines (HK$)
  More than 42 days but within 3 months after the anniversary of incorporation	870
  More than 3 months but within 6 months after the anniversary of incorporation	1,740
  More than 6 months but within 9 months after the anniversary of incorporation	2,610
  More than 9 months after the anniversary of incorporation	3,480

• Penality for Late Renewal of the Business Registration Certificate:
  The company is subject to a fine of HK$300 for the late renewal more than 30 days after the anniversary of incorporation.

For further information regarding annual Examination for Hong Kong companies, please feel free to contact our professional consultants for free-of-charge consultation service.