As per the principles of the Companies Ordinance, each of the Hong Kong companies has to file the Annual Return regularly per annum around its anniversary date. The form that's used is named the AR1 form.
Often confused, this form has nothing to try to do with the taxes for the company. The contents of this type include the particulars of the issued share capital, registered office, secretary(s), director(s), shareholder(s), etc.
The annual return has to be filed within 42 days of the anniversary date of the incorporation of the corporation every year, and it's a compulsory obligation. just in case an individual forgets to file the annual return, they might be susceptible to pay the late fines counting on how late the filing has been done. The failure to suit the principles of the Companies Ordinances may ultimately lead the company and its head to the court.
If there's an application given by the corporation for the discontinuance of business in Hong Kong, the company would be exempted from the filing process and other Hongkong renewals.
We provide company renewal services, which hold the company filings of the Annual Return and Business Registration Certificate. Just in case your company has missed some filings, we can help to urge your company back on target and in good standing. be happy to contact us to renew your company.As per the principles within the Companies Ordinance, each of the Hong Kong companies has to file the Annual Return regularly per annum around its anniversary date. The shape that's used is named the AR1 form.