Efficient Planning Week: Penalty for Late Registration of Annual Return

Penalty

Good Monday Everyone!

This week, we’ve decided to focus on efficiency, smart working and time and space management. So we will talks about everything from managing you working day to what happens if you run late on projects, payments or…registration of annual returns. Here goes our first post for the week!

Penalty for Late Registration of Annual Return

Over the past few weeks we have received a lot of inquiries about late registration of annual returns.  So even if you are behind on your paper work – know: “better late than never” (but better never “late”))

Registration of annual returns
Local private companies having a share capital (Form NAR1)

HK$

If delivered
within 42 days after the company’s return date@

105

more than 42 days after but within 3 months after the company’s return date@

870

more than 3 months after but within 6 months after the company’s return date@

1,740

more than 6 months after but within 9 months after the company’s return date@

2,610

more than 9 months after the company’s return date@

3,480

@ the anniversary of the company’s date of incorporation

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