Question 1

When will I receive my first tax return?

Accepted Answer

Section 475(2) of the Companies Ordinance (Cap. 622) restricts the sole director from acting as the company secretary. Also, section 475(3) of the Companies Ordinance (Cap. 622) states that private company having only 1 director should not have a body corporate as its company secretary if the director of that body corporate is the sole director of private company at the same time.

Question 2

What documents do I need to prepare for tax filing?

Accepted Answer

A limited company must prepare accounting accounts, appoint a certified public accountant to arrange an audit, and submit the audit report, profits tax calculation table and profits tax return to the Inland Revenue Department.

Question 3

Do all Hong Kong companies need to prepare an audit report for tax returns?

Accepted Answer

Generally speaking, only Hong Kong limited companies need to submit the audit report when filing tax returns. In addition, if the profit of a sole proprietorship or partnership business exceeds 2 million, the tax return must also be accompanied by a balance sheet and a business profit and loss statement certified by a certified public accountant. File a tax return.

Question 4

If my company was incorporated earlier than March 2014 without the details of correspondence address of the existing individual company secretary, what address of the company secretary will be shown in the Register of Companies record?

Accepted Answer

What documents are required to prepare an audit report?

Question 5

What form should I submit if I want to register a new company secretary and resign the existing one?

Accepted Answer

Do I need to file a tax return if my company has not operated in the past year?

Question 6

What form should I submit if my company secretary has changed its particulars?

Accepted Answer

How long does it take to submit a tax return to the Inland Revenue Department?

Frequently Asked Questions