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Annual Audit & Tax Filing Services in Hong Kong
Our experienced accountants handle audits and tax filing with precision and efficiency. Fully digital process with prompt communication.
- Annual audit support
- Profits tax filing
- Fully digital process
4.9
Excellent
“Air Corporate has been assisting me for four years with the creation, management, and accounting of my business. Their service is very good and Vivian's staff are ve...”
Client content
“Best in the game, they go above and beyond to make everything work Definite recommendation”
Sam Ghaziani
- Audit files prepared
- 1,000+
- Profits Tax Returns filed
- 800+
- Industries covered
- 50+
- Client nationalities
- 25+
Hong Kong's Audit and Tax Compliance
In Hong Kong, all limited companies must undergo an annual audit to comply with legal requirements and the standards set by the Inland Revenue Department (IRD).
A registered Certified Public Accountant (Practising) is responsible for reviewing the company's financial statements and preparing an audit report.
This audit report, along with the tax computation and Profits Tax Return, must be submitted to the IRD to meet regulatory obligations, even if no tax may be payable in Hong Kong.
Why Should You Outsource Audit and Tax Filing to Air Corporate?
Expert Support, Every Step of the Way
Let Certified Public Accountants (CPAs) guide you through the entire process, from preparing audited financial statements to completing your audit and tax filing.
Timely and Fully Compliant
Never miss a deadline. We handle your tax filings with precision, ensuring full compliance with government regulations and accounting standards.
100% Digital, Always Accessible
Forget paperwork. Our fully digital platform keeps your financial records secure and accessible anytime, all in one place.
No Hidden Costs, No Surprises
With transparent pricing tailored to your business needs, you avoid unexpected fees and penalties. You get straightforward, hassle-free service.
Required Documents:
Providing complete records upfront makes the audit smoother and reduces follow-up questions from the accountant and CPA.
All bank statements
Statements for every company account across the full financial year so balances and transactions can be reconciled properly.
Examples
- Monthly statements from HSBC, DBS, Airwallex, Wise, or other business accounts
- Foreign currency, savings, or secondary company accounts used during the year
Sales and purchase invoices
The invoices behind your income and expenses, used to support revenue recognition, costs, and bookkeeping entries.
Examples
- Customer invoices, supplier bills, receipts, and credit notes
- Subscription, software, marketing, logistics, or contractor invoices
Trading contracts
Commercial agreements that explain the nature of your transactions and the relationship with customers, vendors, or partners.
Examples
- Service agreements, supply contracts, distribution agreements, or statements of work
- Signed purchase orders or framework agreements supporting recurring transactions
Other proof of business activity
Additional supporting records that help demonstrate the substance of your operations and explain transactions that are not obvious from invoices alone.
Examples
- Email confirmations, delivery notes, payroll records, expense claims, or reimbursement support
- Screenshots of online sales, payment platform exports, agreements, or cash expense evidence
Tailored Plans For Your Business
Transparent and flexible pricing, tailored to match your business revenue. Get the right level of support at a cost that fits your budget.
Starting from
HK$4,500
Includes:
- Preparation of Audited Financial Statements (Under HK SME-FRS)
- Profit Tax calculation
- Preparation and Filing of Profits Tax Return
- Offshore Tax Exemption
- Ongoing expert support
Deadlines for Filing Profits Tax Return in Hong Kong
For N Code Returns (Accounting Date between 1 April to 30 November)
Extended Due Date: 2 June
Electronic Filing Extended Due Date: 2 June
For D Code Returns (Accounting Date between 1 to 31 December)
Extended Due Date: 15 September
Electronic Filing Extended Due Date: 15 September
For M Code Returns (Accounting Date between 1 January to 31 March)
Extended Due Date: 15 December
Electronic Filing Extended Due Date: 15 December
For M Code Returns and Current Year Loss Cases
Extended Due Date: 31 January
Electronic Filing Extended Due Date: 31 January
How It Works
01
+Provide us your company information
We start with a short overview of your company so we can scope the audit properly, confirm the timeline, and flag any tax or compliance points early.
Company profile
Your company name, incorporation details, financial year end, business activity, and whether the company is active, dormant, or newly formed.
Ownership and management structure
Shareholders, directors, ultimate beneficial owners, and any related companies or connected parties relevant to the accounts.
Operations snapshot
Main customers, suppliers, countries involved, currencies used, and whether revenue is earned in or outside Hong Kong.
Tax and filing context
Any prior Profits Tax Return, offshore claim position, existing accountant or auditor history, and important IRD deadlines already received.
02
+Submit the required documents
Trial balance
A summary of all account balances for the financial year, used as the starting point for preparing the audit file and tax computation.
Income statement
Your profit and loss statement showing revenue, cost of sales, and expenses for the year under review.
Balance sheet
A snapshot of the company's assets, liabilities, and equity at year end.
General ledger
The detailed transaction-level breakdown behind each account balance so we can review postings and supporting entries.
Prior audit report (if available)
The previous year's signed audited financial statements and report, which help maintain continuity and identify opening balances correctly.
Corporate secretary documentation
Documents such as the Annual Return, Business Registration Certificate, shareholding records, and statutory changes that support the audit file.
03
+Agree on a timeline and start processing
Once the scope and documents are confirmed, we align on milestones, begin the audit work, and keep you informed through completion.
Timeline confirmation
We confirm the review schedule, expected questions, outstanding items, and filing target date with you upfront.
Audit and tax preparation
Our team organizes the working file, coordinates with the CPA, prepares the tax computation, and follows up on any missing support.
Final filing package
You receive the audit report, financial statements, and Profits Tax Return package ready for submission and future reference.
Frequently Asked Questions
What is a financial audit?
A financial audit is an independent review of a company's financial statements to ensure accuracy and compliance with accounting standards.
Is an audit mandatory in Hong Kong?
Yes, all Hong Kong-incorporated limited companies must undergo an annual audit conducted by a Certified Public Accountant (Practising).
What does an audit involve?
An audit includes reviewing financial records, assessing compliance with accounting standards, verifying transactions, and preparing an audit report.
What steps are involved when completing an audit for my Hong Kong company?
Gather financial records (e.g., bank statements, invoices). Submit records to a CPA for review. The CPA verifies transactions and compliance. An audit report is prepared. The report, tax computation, and Profits Tax Return are submitted to the IRD.
Who are the auditors?
Auditors are Certified Public Accountants (Practising) registered in Hong Kong and authorized to conduct statutory audits.
How does pricing work?
Pricing is based on company revenue, transaction volume, and complexity, with transparent, fixed-fee options available.
Is annual auditing required for a dormant company?
Yes, even dormant companies must undergo an audit, though they may qualify for simplified reporting.
Is it possible to request an extension for the tax deadline?
Yes, companies can apply for an extension through the Inland Revenue Department, subject to approval.
What happens if I fail to adhere to the Hong Kong Accounting Standards?
Non-compliance may result in penalties, rejected tax filings, or legal consequences, impacting financial credibility.
We are here to help
Our team has helped more than 1,000 entrepreneurs and SMEs register their HK company and we continue supporting them each day.
- Annual audit support
- Profits tax filing
- Fully digital process
