Atpresent,therearemanyHongKongcompaniesestablishedformanyyearsinthemarket,andtheywillreceiveaphonecallfromthebankasking:yourHongKongcompanyaddresshastobechangedmanytimeseveryyear,whydoyouneedtochangetheHongKongcompanyaddresssofrequently?
WeknowthataftertheregistrationofaHongKongcompany,annualreturnandauditshouldbedoneregularlyeveryyear,sowhatifthereisinventoryintheauditofaHongKongcompany?
HongKongcompaniesarerequiredtoprovideauditreportsfortheperiodcoveredbythepreviousfinancialstatementsbeforetheconversionandfinancialstatementsfornearlythreemonthsbeforethetransfer.
HongKongcompaniesaresubjecttoprofitstaxononshoreprofitsandnotonoffshoreprofits.ButwhatifaHongKongcompanydoespartofitsbusinessonshoreandpartofitsbusinessoffshore,thatis,hasbothonshoreandoffshorebusiness?
IfaHongKongcompanyobtainsloansfrombanksinHongKong,doestheoperatingincomeoftheHongKongcompanymeettheconditionsofoffshoreprofit?DoHongKongcompaniesneedtopayprofitstax?Thisproblemshouldbeanalyzedonacase-by-casebasis.
HongKongcompanieschangethelocationadvantageofHongKong,attractingmoreandmorestate-ownedenterprises,listedcompanies,privateenterprisestoinvestintheestablishmentofHongKongcompanies.InthedailymanagementofHongKongcompanies,thereareoftenthefollowingtypesofchangeneeds:HongKongcompaniestoshare,HongKongcompaniestodirectors,HongKongcompaniestochangetheirnames......
HongKongcompany12Annualinspectionisrequiredonceeverymonth,whichrequiresthetwogovernmentdepartmentsofHongKongCompanyRegistryandHongKongTaxBureautodotheannualinspectionofHongKongcompanyrespectively.Meanwhile,italsorequiresthesecretarycompanytobeanimportantcontrollerforrecordandrecordKYC.IftheHongKongcompanydoesnotdotheannualinspectionontime,therewillbethefollowingconsequences
AccordingtotheCompaniesOrdinanceandtheTaxationOrdinanceoftheHongKongGovernment,ifaHongKonglimitedcompanyceasestooperate,itneedstogothroughthecancellationprocedureaccordingtolaw.ThecompanyinHongKongshallstartfromthedateofapplicationforcancellation8-12Amonth.