Posted by
anilhk1
10 yrs ago
Hello everyone
i will very appreciate advise from everyone, please kindly let me know if i register a Limited Company in hong kong, what is the procedure of registration if i am resident of hong kong
What is the advantage of Limited company instead of Sole Proprietor
If Limited Company, can i fill up the tax return by self instead of hiring a professional accountant company
if during the whole year business is less then HK$500,000, i still need to submit a tax return through professional account company or i can do it by self.
i will appreciate all comments
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Hello, the easiest way is to go to a company secretarial company and buy a company and change the name to whatever you like.
Limited company gives only limited liability on your part, therefore, if your company makes a loss, it does not affect your own personal assets but only the assets of that company.
Tax return you can do yourself but you need a qualified auditor to do the audit report for you.
Tax return - if you know how to do it, you can do it yourself.
Cheers,
Amy
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hello amy,
please clarify if i know how to file a tax return ,i still need a qualified auditor to do the audit report or this also i can do by self?
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You need the company's accounts to be audited by an auditor!
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Amy how much this will cost around if annual total turnover is around HK$500,000 to HK$1,000,000
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the minimum fee of an audited report even if the company has no business is HK$6,000. The average fee if the company has some business is about HK$10,000 etc.
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