Accounting and tax services for limited companies
WeCorp arranges bookkeeping, financial statement preparation and tax filing. The work includes checking bank and payment-platform records against income, cost and expense documents, calculating profits tax and preparing returns.
Audit preparation, return submission and follow-up on relevant tax enquiries are included in the quote as required.
Accounting and tax filing services — indicative fees
| Service item | Price range (HKD) |
|---|---|
| Turnover: no activity to approximately HK$1,000,000 | HK$3,800–HK$10,000 |
| Turnover: HK$1,000,000–HK$3,000,000 | HK$10,000–HK$16,000 |
| Turnover: above HK$3,000,000 | By quotation |
| Individual tax filing services | HK$800–HK$3,000 |
| Tax enquiries and extension applications | HK$800–HK$3,000 |
| Tax examination and other follow-up services | By quotation (case-dependent) |
Fees are indicative for accounting and tax filing services. Actual fees depend on the company’s size and requirements.
From bookkeeping to tax filing
Work begins with checking transactions and balances and preparing financial statements and audit schedules. Where a statutory audit is required, a Hong Kong practising accountant completes the audit and signs the report before the completed accounts and tax adjustments are used to finalise the profits tax computation and return.
Where accounts have already been completed by a previous accountant, final statements and schedules provide the starting point. Missing records and prior years are listed separately to avoid duplication or gaps.
Documents required
Company particulars, accounting period, tax return and correspondence, together with current books and the previous completed financial statements.
Bank and payment platform records, sales, purchases and expenses, plus schedules for inventory, assets, overseas transactions or shareholder balances where applicable.
Submission and follow-up
Check the period and deadline on each return or notice, together with previous responses and extension records. Services also include assessing eligibility for filing extensions and holdover of provisional profits tax and preparing the relevant applications.
After the client confirms the accounts and tax information and completes the required signatures, submit the completed return, profits tax computation, financial statements and auditor’s report as applicable, and follow up tax correspondence within the engagement scope.
Business books, bank statements, invoices and income and expense records must be retained for at least seven years.
Related services and insights
Accounting and tax filing services in Hong Kong
Bookkeeping brings income, expenditure, bank transactions, assets and liabilities together into financial statements. WeCorp arranges the related accounting and tax-filing work so businesses can review their financial performance and handle annual tax reporting.
Hong Kong profits tax calculator
Profits tax is calculated on assessable profits rather than turnover or the bank balance. This calculator estimates tax under the standard and two-tier rates for corporations and unincorporated businesses, using the applicable settings and conditions shown below.
Hong Kong company tax filing with no business activity (Traditional Chinese)
An overview of filing responsibilities, first returns, required records and common questions for companies with no business activity.
Frequently asked questions
What is needed when records are held by a previous accountant?
The handover should include final accounts, schedules, submitted returns and submission records for completed years. Missing documents and catch-up work are identified when taking over.
How does the profits tax calculator differ from tax filing services?
The calculator estimates tax from the assessable profits entered and is useful for an initial budget. Tax filing services use company accounts to review deductions, profit sources, losses and other tax adjustments, then prepare the tax computation and filing documents.
What is needed when the filing deadline is close?
The return or notice, its deadline and the available accounts are needed to establish the work and missing records. Any extension or other application must follow the applicable requirements.
Service enquiries and quotes
Contact WeCorp by WhatsApp for service details, required documents and a quote.