Hong Kong company registration management and domestic companies will be different, familiar with the company management process should know that a normal operation of Hong Kong company should carry out annual audit of Hong Kong company every year,Annual audit of Hong Kong companyThe key is to renew the business registration certificate of the Hong Kong company and update it. Then what will happen if the Hong Kong company does not have the annual audit?Here Ring Ze Xiaobian to talk with you about the consequences of non-annual audit:

Setting up a company is easy, but maintaining and managing it well should be done in accordance with the legal steps required by the government; If the company does not want the annual audit, it can clearly apply for cancellation to the government department and present the audit report. If the audit report cannot be produced, the Statement of no business condition should be produced. Only when the government department accepts the cancellation application and the company formally announces its dissolution can it be regarded as a wise move. Is legal and safe for the company.

ifAnnual audit of Hong Kong companyDo not do normally every year, will interfere with the normal use of your company account; In addition to applying for an Annual ReturnNAR1, business registration certificate(BR)Expiration also needs to be replaced every year. If the business registration certificate has not been renewed and replaced, the bank is unlikely to show online banking services!

soAnnual audit of Hong Kong companyHow much is the fine for not applying for the meeting after the deadline?Generally speaking, business registration certificate loan overdue penalty300Hong Kong dollars, and the annual report overdue is based on the time penalty, such as beyond the annual review date42Intra-day penalty105Hong Kong dollars, beyond the annual review date42Days but not beyond3Monthly penalty870Hong Kong dollars, beyond the annual review date3Month but not beyond6Monthly penalty1740Hong Kong dollars, beyond the annual review date6Month but not beyond9Monthly penalty2610Hong Kong dollars, beyond the annual review date9Fine for more than a month3480Hong Kong dollars and will be subpoenaed by the People's Court of Hong Kong, China;

The above fine key for not immediately submitted application for processingAnnual audit of Hong Kong companyIn addition to the fine for non-annual examination, there is also an additional600Hong Kong dollar fine, the actual amount of the above fine is subject to the change of the Hong Kong government.

CycloseThe company is committed to providing domestic and foreign customers with corporate 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 private enterprises, listed companies and large state-owned enterprises.