Based on the International Accounting Standards, Hong Kong has totally different Accounting Standards with mainland China in respect of bookkeeping methods of sales, costs and expenses. Business in Hong Kong are liable to profits tax only on profits arising in or derived from Hong Kong, no tax is levied on profits arising abroad, even if they are remitted to Hong Kong.

According to relevant regulation, accounting of Hong Kong company must be audited by Certificate Professional Accountant to eusure its validity and authenticity. Therefore, Seeking for professional consuling help is of great importance. Here in in Octosec, in order to minimize your concern when expand your business, our professional consultant with great integrity will provide you with best solutions and services under relevant principles upon deeply understanding of your business.

Document Required
• Inward & outward invoices
• Bank receipt vouchers / bank statements
• Purchase books &sale books
• Indirect expenses

Procedure
• Sign agreement after assessment, quotation and negotiation
• Advance payments
• Prepare voucher, process accounting/auditing
• Delivery to auditor after accounting
• Tax declaration by accountant with auditor report.
• Give back relevant documents to client