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AsiaBC focus on comprehensive problem-solving approach to support small and medium-sized enterprises (SMEs) which are doing either local or international business, to comply with their obligations of corporate accounting, annual audit arrangement, tax returns filing, and even cross-border tax planning. Our one-stop package also includes consultation on your financial and taxation matters based on our thorough understanding of our client’s business operations and financial transactions.
Transform the future. Start building your business at the heart of Asia.
One-off preparation of accounting books and statements in your company’s accounting year.
Preparation of audited financial statements, auditor’s report and tax computation by a practising HKCPA.
We stand as your tax representative and file the Profits Tax Returns on your company’s behalf.
Advisory opinion for improvement to your corporate finance and tax situation.
Be free from all the paperworks and focus on your business growth in these few easy steps.
We will do as much as we can to ensure we can deliver the accounting books, financial statements, audit report, and tax return on time. To achieve so, we work hard to follow the schedule of accounting and auditing tasks, and we also need you to provide accurate and complete financial information and documents for our accountants and our assigned HKCPA as soon as possible.
If we foresee that we cannot submit the Profits Tax Return by the deadline, we will apply for an extension on reasonable grounds once after the quotation is accepted.
Let our most frequently asked questions guide you along the way.
01 | What is corporate accounting?
Corporate Accounting is one of the obligations of every Hong Kong limited company. It requires the company to keeping records of financial transactions and preparing the financial statements of the company for up to 7 years.
02 | What is statutory audit?
Statutory audit is an obligation of every Hong Kong limited company to hire an independent Hong Kong Certified Public Accountant with Practising Certificate to analyse if the financial information and accounting materials can give a true and fair view based on the financial reporting standards adopted.
03 | When will a Hong Kong company receive the Profits Tax Return?
The IRD sends out the Profits Tax return by post to the Hong Kong company on the first week of April every year. For a newly registered company, the IRD will send out the first Profits Tax return in some 18 months after the date of incorporation.
Top-notch service from our reliable and trusted professionals.
* Unless further specified, we follow the Hong Kong SME Financial Reporting Framework and Financial Reporting Standard (“SME-FRF” and “SME-FRS”) for our accounting and auditing services; We obey the Inland Revenue Ordinance and Companies Ordinance of Hong Kong; We also refer to the IRD’s Departmental Interpretation and Practice Notes on our accounting and tax computation works.
Our specialists will touch base with you, and also gift you a FREE Zoom video assessment.