Services for Hong Kong

Bookkeeping & Accounting:

• Recording transactions (sales, purchases, expenses).
• Multi-currency accounting (since HK companies often deal in USD, RMB, EUR).
• Bank, AR/AP reconciliations. 
• Monthly management accounts for investors / directors.
  

Annual Financial Statements:

• Preparation of financial statements under Hong Kong Financial Reporting Standards (HKFRS) or SME-FRS.
• Drafting notes to accounts.
• Consolidation of group entities (common for HK holding companies).
  

Tax Compliance:

• Profits Tax computation & filing with the IRD (Inland Revenue Department).
• Employer’s returns (Form IR56 series) for employees.
• Individual income tax filing support for expats or directors.
  

Audit Support:

• Preparing audit schedules and trial balances for statutory auditors in Hong Kong.
• -Liaising with Hong Kong audit firms (audits are compulsory for all HK companies, even small ones).

Company Secretarial & ROC Compliance (often bundled with accounting work):

• Filing annual return with the Companies Registry.
• Maintaining statutory registers (members, directors).
• Preparing AGM/board resolutions. 
• Business registration renewal.
  

Payroll Processing:

• Monthly payroll calculations.
• MPF (Mandatory Provident Fund) contributions.
• Salary slips & compliance filings.
  

Accounts Payable & Receivable:

• Invoice generation.
• Vendor invoice booking and payment scheduling.
• AR follow-ups.

Virtual CFO & Advisory:

• Cash flow projections.
• Budgeting & MIS for shareholders.
• Cross-border structuring (China-HK-India flows).