WeknowthataftertheregistrationofaHongKongcompany,annualreturnandauditshouldbedoneregularlyeveryyear,sowhatifthereisinventoryintheauditofaHongKongcompany?
IfaHongKongcompanyobtainsloansfrombanksinHongKong,doestheoperatingincomeoftheHongKongcompanymeettheconditionsofoffshoreprofit?DoHongKongcompaniesneedtopayprofitstax?Thisproblemshouldbeanalyzedonacase-by-casebasis.
AccordingtotheprovisionsoftheInlandRevenueOrdinanceofHongKong,aHongKongcompanyisrequiredtovoluntarilydeclaretaxtotheHongKongInlandRevenueDepartmenteveryyear.Ifataxreturnisissued,itisrequiredtocompletethetaxreturnandsubmitthetaxreturntogetherwiththeauditor'sreportforthecurrentyear;ifataxreturnisnotissued,itisonlyrequiredtoprovidetheauditor'sreportforthecurrentyear.
HongKongcompanieschangethelocationadvantageofHongKong,attractingmoreandmorestate-ownedenterprises,listedcompanies,privateenterprisestoinvestintheestablishmentofHongKongcompanies.InthedailymanagementofHongKongcompanies,thereareoftenthefollowingtypesofchangeneeds:HongKongcompaniestoshare,HongKongcompaniestodirectors,HongKongcompaniestochangetheirnames......
HongKongcompanyregistrationcompanynamechoicefreedom,cancontaincountry,group,sharesandotherwords,awiderangeofbusiness,inadditiontobanks,schoolsandotherindustriesneedtogetalicense,otherindustriescanbeengagedin.
HongKongcompany12Annualinspectionisrequiredonceeverymonth,whichrequiresthetwogovernmentdepartmentsofHongKongCompanyRegistryandHongKongTaxBureautodotheannualinspectionofHongKongcompanyrespectively.Meanwhile,italsorequiresthesecretarycompanytobeanimportantcontrollerforrecordandrecordKYC.IftheHongKongcompanydoesnotdotheannualinspectionontime,therewillbethefollowingconsequences
AccordingtotheCompaniesOrdinanceandtheTaxationOrdinanceoftheHongKongGovernment,ifaHongKonglimitedcompanyceasestooperate,itneedstogothroughthecancellationprocedureaccordingtolaw.ThecompanyinHongKongshallstartfromthedateofapplicationforcancellation8-12Amonth.