Gary Cheng CPA Limited

FAQ List
Accounting/ Audit
1. Is Limited Company required to have an audit?2. What documents should I provide to prepare account and audit?3. How to determine the Company's fiscal year end?
Taxation
1. What kind of taxation my Company need to pay?2. When should the Company receive the first Profits Tax Return?3. What documents should provide for the submission of Profits Tax Return?4. What will be the consequence of not submitting a Profits Tax Return?5. When is the due date to submit the annual Profits Tax Return, after the first tax return?6. Will the current year’s adjusted losses set-off the coming year’s assessable profit?7. What is provisional tax?
Corporate Services
1. What are the requirements for incorporating a limited company in Hong Kong?2. Can Mainland / overseas resident incorporate Hong Kong Company?3. How long will it take for incorporating a Hong Kong Company?4. Does the business nature have to be filled on the Business Registration Certificate?5. Are there any restrictions applied to the Company’s expansion on other business if the scope of business is specified on the Business Registration Certification?6. How can a company know whether it is lawfully registered?7. When can the related registration record of a newly-incorporated limited company be found in Companies Registry?8. Are the obligations incurred by a limited company calculated by shares in registered capital or issued shares?
Useful Links

3. How to determine the Company's fiscal year end?

The management of a Company is free to decide anytime as the Company’s year-end date. Normally, Hong Kong Limited Companies would choose March or December to be the year-end date. Moreover, for the first year of a Limited Company, the year-end date should not exceed 18 months from the day of incorporation.

Hong Kong
Tel: +852 2199 7656
info@garycheng.com
Guangzhou
Tel: +86 20 8326 6966
info.gz@garycheng.com
Fuzhou
Tel: +86 591 8337 6085
info.fz@garycheng.com