AccordingtotheprovisionsoftheInlandRevenueOrdinanceofHongKong,aHongKongcompanyisrequiredtovoluntarilydeclaretaxtotheHongKongInlandRevenueDepartmenteveryyear.Ifataxreturnisissued,itisrequiredtocompletethetaxreturnandsubmitthetaxreturntogetherwiththeauditor'sreportforthecurrentyear;ifataxreturnisnotissued,itisonlyrequiredtoprovidetheauditor'sreportforthecurrentyear.