Annual Maintenance and Compliance Essentials for Your Company in Hong Kong

Presenter(s):

• 

  Gigi Wong

  Manager, Business Advisory Services
  

• 

  Jeffy Chong

  Assistant Manager, Business Advisory Services
  

Annual maintenance encompasses crucial tasks to maintain legal compliance and operational status for private limited companies in Hong Kong. This includes conducting an Annual General Meeting (AGM), meticulous preparation of audited financial statements, timely filing of annual returns, seamless business registration renewal, and ensuring tax compliance. 

Failure to meet these annual maintenance requirements can lead to penalties, fines, or even the struck off of the company. It's essential for company directors and owners to stay informed about their obligations and ensure they are met in a timely manner. 

Many businesses in Hong Kong also engage the services of corporate service providers or accountants to help them with annual maintenance tasks and ensure compliance with all legal requirements. We are glad to have our Managers from the Business Advisory Services Department, Gigi Wong and Jeffy Chong, share their insights on the critical issues about annual compliance issues in Hong Kong in this webinar, so business owners and directors can proactively address compliance tasks before the end of the calendar year or fiscal year.

In this webinar, we discuss the following items from the corporate secretarial aspect:

• Basic Annual Statutory Requirements
• Other Occasional Reporting Requirements
• Time Frame of the Reporting Requirements and Penalty for Failure of a Timely Reporting
• Common Non-Compliance Examples