SETTING UP A HONG KONG COMPANY PART TWO: Requirements For Hong Kong Companies


With all the benefits you have with establishing a Hong Kong company, there are also a few requirements to follow.

All Hong Kong Companies are required to keep accounting records of the following:

a) All sums of money received and expended, and the matters in respect of which the receipts and expenditure take place

b) sales and purchase orders

c) all assets and liabilities.
The accounting records must be to GAAP international standards and contain the information necessary to give a true and fair view of the state of the company’s affairs and to explain its transactions. We are able assist clients to prepare the annual Profit/Loss Account and Balance Sheet then arrange an INDEPENDENT Audit as we will NEVER audit financial accounts that have been prepared by centre o due to potential conflict of interests.

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