Professional Accounting, Bookkeeping,
and Auditing Services Outsourced in Hong Kong
Accounting and Auditing in Hong Kong
Maintaining accurate accounting records is of utmost importance in Hong Kong, and the responsibility for this ultimately rests with company directors. That’s why we strongly recommend outsourcing your accounting needs to professionals.
When you entrust your accounting to a service provider, your company can benefit from reduced overhead costs and more efficient cost management. Your role primarily involves providing basic and/or raw accounting materials, such as sales and purchase invoices, expense documents, and more. We meticulously sort, reconcile, and address any issues during this process. Our team will identify and communicate any problems or concerns while offering expert suggestions and ideas throughout. Once all accounting matters are resolved, we deliver management accounts that comply with Hong Kong accounting standards. Moreover, you can have peace of mind knowing that your company’s bookkeeping is in the hands of seasoned professionals.
At Premia TNC, we go beyond traditional bookkeeping services in Hong Kong.
Our accounting services include:
- Monthly, quarterly, semi-annual, or annual management account generation
- Process of preparing for the Accounts Receivable and Accounts Payable Aging Reports
- Bookkeeping services, including check issuance and bank transfers
- Resolving backlog accounts
- Preparation of audit schedules
- Coordination with external auditors and tax agents during the financial year-end
Our accounting plans are tailored to your specific business requirements, offering flexibility and customized solutions.
FAQs for accounting and auditing services in Hong Kong
Yes, it is not mandatory to hire an accounting firm in Hong Kong.
While it’s not a compulsory requirement, outsourcing your accounting functions to a reputable firm offers several advantages. It ensures the proper maintenance of your records and provides protection in the event of an audit. For these reasons, we strongly advise partnering with a professional agency to set your business up for success.
While it’s not mandatory, combining secretary and accounting services offers simplicity and efficiency for running your business. We provide both services together because it streamlines your operations by keeping everything centralized.
This arrangement ensures that crucial government communications, such as Business Registration Renewal Demand Notes and tax-related letters like the Employer’s Return or the Profits Tax Return, are received by the accounting firm. They can then review and advise you on the appropriate actions to take, enhancing overall efficiency.
Under the Companies Ordinance, all Hong Kong companies are obligated to annually prepare audited accounts. Additionally, the Hong Kong Inland Revenue Department (“IRD”) mandates that Hong Kong companies submit profit tax returns, including audited financial statements and profit tax computations.
This is where our comprehensive suite of accounting services in Hong Kong becomes invaluable. Our affiliated entity, Korchina TNC CPA Limited, is a registered CPA firm under HKICPA. When you choose to outsource your accounting, auditing, and bookkeeping needs to our firm, rest assured that our services are of the highest quality, competitively priced, and, most importantly, fully compliant with all legal and tax filing requirements in Hong Kong.
Get in touch with us today to engage our accounting services in Hong Kong.
Premia TNC has the optimal solutions for all your business needs.
Get in touch today for a FREE consultation.
No hidden costs, no obligations.
Feel free to drop us an email too!
[email protected]
Premia TNC has the optimal solutions for all your business needs.
Get in touch today for a FREE consultation.
No hidden costs, no obligations.
Feel free to drop us an email too!
[email protected]
