Professional Service
Tax Reporting Service for Hong Kong Company
ACCOUNTING AND PAYROLL SERVICE
myicon professional team will provide an annual income tax return based on the requirements of the Inland Revenue Department, including record keeping, arrangement of preparations and submission of financial reports, tax computation, etc.
myicon also provide monthly book keeping service, you just have to provide all monthly invoices and receipts to us, our professional team will be able to prepare accurate monthly, quarterly and annual financial statements, including balance sheet and income statement. This will definitely an advantage for the long-term financial planning and cost control of the company.
Section 51C of the Inland Revenue Ordinance requires
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Every person carrying on a trade, profession or business in Hong Kong to keep sufficient records in the English or Chinese language of his income and expenditure to enable the assessable profits to be readily ascertained.
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Failure to comply with the requirements of the Ordinance without reasonable excuse may be liable to a maximum fine of HK$100,000.
The records prescribed in the Ordinance including:
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Books of accounts recording receipts and payments, or income and expenditure;
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Vouchers, bank statements, invoices, receipts;
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Records of the assets and liabilities of the person in relation to that trade, profession or business etc.
Do you need help with any of human resource issues?
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Lack of resources or expertise to administer payroll and related functions.
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Challenges in keeping up with changing regulatory requirements.
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Keeping payroll information confidential.
Our payroll services included
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Payroll calculation, salary and provident fund contribution payment processing.
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Preparation of paper or electronic pay slips.
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Maintenance of employee data and payroll-related information such as allowances and benefits.
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Statutory calculations.
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Processing employer's returns, and remuneration statements.
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Assisting employer's registration for mandatory provident fund scheme.
ARRANGEMENT OF AUDIT
New Notice of《Companies Ordinance》: Starting from 2015, under the Companies Ordinance (Cap. 622) of the Laws of Hong Kong, it requires a Hong Kong Limited Company’s directors must prepare for each financial statements, otherwise, he/she will be subjected to penalty.
Our services included
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Arrange statutory auditing, in compliance with accounting standards and legal requirements; and
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Client specific auditing and reporting for:
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Internal management system operations reviews。
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Mergers and acquisitions。
