Accounting, Bookkeeping & Statutory Audit
Full-cycle accounting and mandatory annual audit services for Hong Kong companies — handled by our CPA-qualified team.
Stay Compliant, Stay Audit-Ready
Every Hong Kong company must maintain proper records and have its financials audited annually by a licensed CPA. Non-compliance carries penalties and legal consequences — our team ensures you never fall behind.
Bookkeeping
Monthly or quarterly cloud-based bookkeeping including bank reconciliation and management reports.
Financial Statements
Annual statements prepared in accordance with Hong Kong Financial Reporting Standards (HKFRS).
Statutory Audit
Independent CPA-conducted audit required by Hong Kong law before annual tax filing.
Tax Filing
Profits Tax Return preparation and submission to the IRD, complete with computations.
How Our Accounting Process Works
From onboarding to tax submission, we manage the full annual accounting cycle for your Hong Kong company.
Onboarding & Setup
System configuration on Xero or QuickBooks with a customised chart of accounts.
Ongoing Bookkeeping
Monthly transaction recording and account reconciliation.
Year-End Accounts
Complete financial statement preparation ready for audit.
Audit
Statutory auditor review and issuance of the audit report.
Tax Return Submission
IRD filing completed alongside your audited statements.
All Hong Kong companies must have accounts audited by a practising CPA registered with the Hong Kong Institute of Certified Public Accountants (HKICPA).
What You'll Need to Get Started
To prepare accurate accounts and a smooth audit, we'll ask you for the following records each financial year.
Frequently Asked Questions
Does a dormant company need an audit?
Yes. All incorporated Hong Kong companies require annual CPA-audited statements, including dormant entities, unless formally deregistered.
When is the profits tax return due?
The IRD typically issues returns in April. Your first return usually arrives 18 months after incorporation. The standard deadline is one month from issuance, though bulk extensions are often available.
What accounting software is used?
We primarily work with Xero and QuickBooks Online, both cloud-based platforms. Spreadsheet-based options are also available for simpler needs.