Accounting and Bookkeeping
Accounting Obligations and Services in Hong Kong
Legal Requirement for Record-Keeping
Under Section 51C of the Hong Kong Inland Revenue Ordinance, anyone conducting a trade, profession, or business in Hong Kong must:
Maintain sufficient records of income and expenditure to enable easy determination of assessable profits.
Retain these records for at least 7 years.
Our Professional Accounting Services
Our team of senior accountants utilizes professional accounting software to deliver high-quality, reliable accounting services, providing clients with the following benefits:
Effective reduction of accounting costs
Long-term, secure storage of accounting records
Confidential and proper handling of sensitive information
Service Scope
Our services include:
Preparation of balance sheets and income statements
Compilation of financial statements
Financial analysis reports, including operational figures analysis and improvement proposals
Establishment of internal accounting control systems
Development of accounting policies and systems
Management of payroll and Mandatory Provident Fund (MPF) contributions
Inventory management
Cost control strategies
Flexible Service Plans
To meet your specific needs, our services can be provided:
Monthly
Quarterly
Annually
On-Site Support
For added convenience, we also offer on-site accounting services to bring our expertise directly to your business.