In the process of operation of a Hong Kong company, if it wants to participate in the bidding and tendering, the audit report is indispensable, because in the bidding and tendering of a Hong Kong company, the tenderee will generally require the tenderer in Hong Kong to issue a recent report3An unqualified audit report for the year. ifAudit report of Hong Kong companyIf there are reservations or no comments, such an audit report will certainly not meet the requirements of the tenderee, which will lead to the failure of the bid and waste the painstaking preparation work in the early stage.

In addition, if your Hong Kong company has a holding subsidiary, the auditor will require the financial data of the subsidiary to be audited together. In general, Hong Kong accountants only require the audit report of the subsidiary (English or Chinese version) when doing the combined audit. If the audit report of the Hong Kong subsidiary is not available, the auditor will also issue a reserved opinion on this issue in the audit report. Such a report also does not meet the requirements of the tender. The above circumstances require a new audit report with an unqualified opinion.

To issue an audit report without reservations, complete and authentic information shall be provided. However, an unprofessional auditor firm can issue an audit report to you only by requiring customers to provide monthly bank statements or providing incomplete information. However, such a report is often subject to tax risks. Not only the bidding and bidding cannot be used, but also the future borrowing and financing of your Hong Kong company cannot be used, which is equivalent to making an invalid audit report after spending money. In vain. Therefore, when the Hong Kong company of our client is doing the audit, we will check the gaps and fill the gaps according to the financial information provided by the client, prepare financial statements for the client to confirm, and then issue the final audit report of the Hong Kong company, so as to reduce tax risks and ensure the normal operation of the company.

CycloseFocusing on providing company audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many large state-owned enterprises and listed enterprises.