Audit and Accounting
Hong Kong company audit and accounting requirements are facilitated by the fact that the competition is harsh; there is in Hong Kong 38,000 Certified Public Accountants. So the most complex situations could always find the right and legal solution as many companies are offering such services.
Few key facts:
Hong Kong Audit and Accounting fees are always calculated based on the number of transaction as well as on the turnover or company assets.
Audit should be prepared after 12 or 18 months for the first year of operation, then regularly every 12 months.
Most of the time the Auditor will be your tax representative in Hong Kong, handling all matters with the Inland Revenue Department.