Hong Kong Accounting & Audit Services
Professional accounting team: bookkeeping, tax filing, and audit services—hassle-free.
Professional Accounting & Audit Services
Under the Hong Kong Companies Ordinance, Hong Kong companies must keep complete financial records and file annual audit reports and profits tax returns on time. Professional accounting and audit services ensure compliance while helping you understand your company's financial status and make smarter business decisions.
Shize Business boasts a senior accounting and audit team with 20+ years of industry experience, having served over 5000 enterprises. We handle your financials so you can focus on growing your business.
Certified Public Accountant
HKICPA registered member
On-time Delivery
File tax returns on time
Experienced
20+ years of experience
Professional Team
Accountants & Auditors
Service Content
Professional Bookkeeping
Professional accounting team that accurately records every transaction to ensure clear, complete accounts.
File Taxes
File tax returns on time, plan taxes reasonably, and avoid risks and penalties
Financial Analysis
Perform financial statement analysis to help you understand a company's financial health and support business decisions.
Professional Team
Senior accountants and auditors with 20+ years of experience, offering expert advice.
Accounting and Bookkeeping Service Details
We offer the following services:
- •Maintain accurate business records
- •Prepare and maintain accounting records
- •Bookkeeping services
Profits Tax Return
The Hong Kong Inland Revenue Department will issue the first Profits Tax Return (PTR) 1 to 2 months before the company's second incorporation anniversary.
Fiscal Year
A Hong Kong company's first financial year begins on the first day of its first accounting reference period and ends on the last day of that period.
Accounting Reference Period
The company must determine its accounting reference period for preparing annual financial statements.
Examples:
a) Financial year-end date: March 31:Tax filing deadline: November 15 (submit audited documents by September 1)
b) Financial year-end date: December 31:Tax filing deadline: August 15 (submit audited documents by June 1 at the latest)
c) Other dates, such as June 30:Tax filing deadline: April 30 (no later than mid-February)
Profits Tax Rate
The profits tax rate for Hong Kong companies is16.5%.
Companies Ordinance Requirements
Under the Hong Kong Companies Ordinance, every company incorporated in Hong Kong must maintain proper accounting records and prepare an annual report that includes audited financial statements for the current year: a balance sheet, cash flow statement, and income statement. These financial statements must be signed by a certified public accountant. The first set of audited financial statements should cover a period of no more than 18 months from the date of incorporation.
Service Process
Collect Documents
Organize financial documents
Classify Accounts
Sign in to system
Prepare Statements
Generate financial statements
Audit Review
Auditor audit
Issue Report
Audit report
Submit to IRD
Submit to Inland Revenue Department
Customer Reviews
What our customers are saying
"I've been using LSZ's mail forwarding service for six months. Email scans are prompt, with digital copies usually delivered the same day. The Central address has worked perfectly for company registration and passed bank account opening without issues."
"As a freelancer, this service is perfect for me. Get a professional business address without renting an office, have your mail forwarded to your home, and enjoy strong privacy protection—your specific street number won't appear on shipping labels."
"We use Lishize's collection service in both Hong Kong and Shenzhen, allowing seamless package transfers between the two locations. The customer support is responsive and resolves any issues promptly. Highly recommended for cross-border businesses."
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Frequently Asked Questions
Why does a Hong Kong company need to file accounts and tax returns?
Under the Hong Kong Companies Ordinance and Inland Revenue Ordinance, Hong Kong companies must keep complete financial records and file annual audited financial statements and profits tax returns on time. Even if there are no business activities, a 'nil return' must still be filed. Non-compliance may lead to penalties or legal action.
How do I handle accounting and tax filing for a Hong Kong company?
1 Collect financial documents (bank statements, invoices, contracts, etc.); 2 Organize and classify accounts; 3 Prepare financial statements; 4 Auditor conducts audit; 5 Issue audit report; 6 Submit to Inland Revenue Department. The entire process usually takes 2-4 weeks, depending on the complexity of the company's business.
Do new companies need to handle accounting and tax filings?
Yes. A new company will receive its first profits tax return 18 months after incorporation and must complete the audit and submit it within 3 months. Even if the company has no operations, a nil return is required. We recommend setting up a standardized financial system from the date of incorporation.
Do offshore accounts require tax filings?
Hong Kong companies with offshore business income may apply for offshore tax exemption. However, normal accounting and audit must be completed first before applying to the Inland Revenue Department. Once approved, offshore income is exempt from profits tax. We can assist you in preparing your offshore tax exemption application.
What documents are required for accounting?
Mainly required: 1) Bank statements; 2) Business contracts; 3) Purchase and sales invoices; 4) Expense documents (rent, utilities, travel, etc.); 5) Payroll records; 6) Other financial documents. We'll provide a detailed checklist and help you organize and prepare everything.
Who is the auditor? Are they qualified?
Our partner auditors are all registered members of the Hong Kong Institute of Certified Public Accountants (HKICPA), holding practicing certificates and statutory audit qualifications. Audit reports comply with Hong Kong Financial Reporting Standards and International Standards on Auditing, and are recognized by the Inland Revenue Department and banks.
Why Choose Shize Business
Licensed Qualification
HKICPA registered member with statutory audit qualification
20+ Years of Experience
Rich experience, professional and efficient
5000+ Cases
Successfully served thousands of enterprises
7-Day No-Reason Return
Full refund if not satisfied
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