Hong Kong Annual Audit: Mandatory Company Compliance
Every Hong Kong limited company must submit audited accounts to the IRD annually. Missing this obligation triggers penalties and jeopardises your company's status.
Who this is for
- HK company owners approaching their annual audit deadline
- Non-resident directors managing HK compliance remotely
- Startups and SMEs with a Hong Kong holding or trading company
- Those who formed a HK company and need to start the compliance cycle
What's included
- Introduction to a licensed Hong Kong CPA firm
- Audit coordination and document checklist
- Audited accounts preparation and sign-off
- Profits Tax Return (PTR) filing with IRD
- Annual Return (NAR1) filing guidance
How it works
Records compiled
Bank statements, invoices, and ledger provided.
Audit conducted
HK CPA reviews and certifies accounts.
Tax return filed
Profits Tax Return submitted to the IRD.
Frequently asked questions
When must a HK company's accounts be audited?
Within 18 months of incorporation for the first year, then annually within 42 days of the financial year-end.
Must all HK companies have an audit?
Yes. Unlike some jurisdictions, there is no small company audit exemption in Hong Kong.
Who can conduct a HK company audit?
Only a Certified Public Accountant (CPA) registered with the Hong Kong Institute of CPAs.
What happens if I miss the audit deadline?
The IRD issues penalties and can pursue the directors. Continued non-compliance can result in company strike-off.
Ready to get started?
Fixed price, real-time tracking, and expert handling, from first document to final approval.
Arrange HK Annual Audit