Accounting services with Peace of Mind from $95USD / month

Because every hour that an entrepreneur spends on accounting and admin matters is wasted. You should focus on your business and let our team of qualified accountants handle your accounting. Besides, no matter how good you are with numbers, accounting obeys to certain rules. Trying to prepare financial statements by yourself is a pain in the neck.

“Accounting” refers to helping your company organizing its financial documents in a manner compliant with applicable accounting standards. It allows you to better monitor your company’s finances.

“Audit” refers to the review and certification of the yearly accounting of your company by a chartered public accountant. Yearly audit is a mandatory requirement under HK laws. It allows you to show the real substance of your company when opening a bank account, selling your business, or assessing whether your company needs to pay taxes.

“Tax” refers to helping you determining if your company needs to pay profits tax for a certain financial year and preparing/filing your company’s annual Tax Return. If your company needs to pay profits tax, we will help you calculating how much and advise you how you could legally save tax.

Yes, any company registered in Hong Kong should have its annual financial statements certified by a chartered public accountant.

Offshore HK companies with no business in Hong Kong pay 0% Profits Tax/Corporate Income tax in Hong Kong.

Onshore HK companies doing business in Hong Kong are subject to 8.25% Profits Tax/Corporate Income Tax on their first HK$2 million of profit. All subsequent profits are subject to profits tax at the rate of 16.5%.

For more information on HK Profits Tax and Offshore Tax Exemption, just check our Complete Video Guide: https://www.youtube.com/watch?v=OWFY21CvhK4

We primarily use Xero. It is a cloud-based software that is easy to understand and manage. It cuts the amount of paperwork and integrates with a variety of third-party including banks, Stripe or PayPal. If you are more familiar with other accounting software such as Quickbooks, our accountants can also help.

Transaction refers to any movement on your bank or business account and that needs to be reflected in your company’s accounting (such as a bank deposit or withdrawal, supplier invoice, expense receipt, etc).