Detail About This Listing
General requirements on bank account opening in HK:
1. Basic information of the HK company (relevant materials need to be notarized);
2. Shareholders/directors’ address proof;
3. Business plan;
4. Business proof (for the NewCo, the financial proof of the associated companies is also acceptable, such as purchase invoice, business orders, financial statement, etc).
Processing Time: 2-3 months.
Annual Return/ Annual Renewal
An Annual Return is a return, in a specified form, containing the particulars of the company such as the address of the registered office, shareholders, directors, secretary, etc. As per Hong Kong company law, every company formed in Hong Kong, must file a Tax Return (it’s also called Profits Tax Return in Hong Kong) along with its audited accounts on an annual basis with the Inland Revenue Department of Hong Kong (“IRD”). For the newly incorporated companies, the notification is generally sent on the 18th month of the incorporation date. Companies must file their Tax Return within one month from the date of notification. Companies can request for an extension, if needed. (Note: You may incur a payment of penalty or even prosecution, if you fail to submit your tax return by the due date.)
Processing Time: 5-7 working days
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Ad ID: 494261