Filing of Profit tax return

An Hongkong company is required to file PTR every year.

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Filing of Profit tax return

Accounting and tax collections are important in every country, and this is often no exception in Hong Kong. Each Hong Kong company will get to file the Profit tax return (PTR) for every respective year when conducting business, and this is often issued by the Hong Kong Inland Revenue Department (IRD).

The company would wish to arrange the company accounts and prepare them to be submitted to a licensed Public Accountant to be audited and filed to the government. After the accounts are prepared and audited, the audit report and tax computation are going to be submitted with the PTR to the Inland Revenue Department.

  • Free to use – The name you plan to register can't be already in use. you'll easily check the name availability of our name Check tool.
  • An individual’s income also adheres to the territory principle in Hong Kong, with income only arising in or derived from Hong Kong being taxed.
  • Language – the corporate name is often either in English or in Chinese or in both languages. However, a mixture of Chinese and English characters isn't possible.
  • Limited – the corporate name in English shall end with “Limited” (Limited in English or its equivalent in Chinese). Ltd is prohibited.
  • Government Names – Names which may give the impression that the Hong Kong company is connected to the govt or any department isn't allowed.
  • Correctness
  • Using any names that could be offensive or otherwise contrary to the public interest or its use would constitute a criminal offence, is restricted.

Using any names that would be offensive or otherwise contrary to the general public interest or its use would constitute a criminal offense, is restricted.

If you would like to vary the company name after incorporation, you'll need to pass a Special Resolution to the Registrar. The new required free name must be delivered within 15 days after passing of the Special Resolution alongside A Notice of Change of name.

For every newly formed company, you'll be required to appoint a minimum of one director who may be a natural person and one company secretary.

The director isn't required to be a Hong Kong resident.

The registered office of the corporation must be in Hong Hong.

We won't reserve the name or file the entity with the Company Registry of Hong Kong until you've placed an order, so start today to make sure your required business name isn't registered by somebody else.