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  1. 2020年12月20日 · A Hong Kong private limited company, often referred to as “Ltd” or “Pvt Ltd”, is among the most popular business models in this jurisdiction. This model offers personal asset protection from business liabilities since it is a separate legal entity from the owner. As stated in the Hong Kong Companies Ordinance, which came into effect on ...

  2. 2022年12月30日 · According to the Hong Kong Companies Ordinance, all companies registered in Hong Kong must have their annual financial statements audited by a practicing Hong Kong Certified Public Accountant (CPA). However, as a business owner, you might not be familiar with the auditing requirements and might be scratching your head on how to arrange your ...

  3. A dormant company, according to Section 447 Cap. 622 of the Ordinance, is exempted from complying with the following requirements: Preparation of audited financial statements and appointment (or resignation or removal) of auditors. There is no specific “deadline” for a company to stay dormant – a dormant company can stay inactive for as ...

  4. Statutory Auditing Services. From HK$2,000. According to the Companies Ordinance of Hong Kong, it is a mandatory requirement for all Hong Kong companies to file a Hong Kong Statutory Audit (which is conducted according to Hong Kong Financial Reporting Standards (“HKFRS”) or SME-FRE in the case of Small-Medium Sized Enterprises (“SMEs”)).

  5. Audit and Tax Compliance in Hong Kong. According to the Hong Kong Companies Ordinance, Hong Kong incorporated companies are required to perform annual audit for the financial statements by a Hong Kong practicing Certified Public Accounts (CPA). This will apply to all Hong Kong incorporated firms, whether commencing business in Hong Kong or abroad.

  6. In Hong Kong, Part 9 (Accounts and Audit) of the new Companies Ordinance (Cap. 622) (“new CO”) has stipulated the requirements regarding accounting and auditing. In accordance to the laws as stated in the new CO, the requirements include the keeping of accounting records, the preparation, and circulation of annual financial statements ...

  7. Created on 06/07/2020 12:02:00 PM Last saved by Pang, Tony T.C. (HK/DPP) Illustrative Annual Financial Statements under Hong Kong Financial Reporting Standards KPMG 8 th Floor, Prince’s Building 10 Chater Road Central, Hong Kong 23 rd Floor, Hysan