According to the provisions of the Hong Kong Company Law, Hong Kong companies are required to do an annual inspection every one year anniversary, including making and submitting annual return, paying the annual inspection fee of the Companies Registry, paying the business registration fee, paying the New Year's secretarial service fee and address service fee.

If you don't handle it on time, the government will fine you after the deadline, but it depends on how long the deadline is. Generally there is a rollover period, such as Companies Registry overdue42A fine will be imposed and then increased depending on how long it is overdue. The tax bureau obtains the business registration certificate more than overdue30Fines will be imposed after days. Generally speaking, the length of the overdue time has no effect on the amount of fines, which are usually fines300Hong Kong dollars.

Therefore, if the Hong Kong company does not do the annual inspection on time, it needs to pay the corresponding penalty to the Company Registry and the tax bureau according to the overdue time, and then it is OK to handle the annual inspection matters. If the company fails to handle the annual inspection for a long time, the Company Registry will forcibly cancel the company.

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