No Idea How To Prepare your Accounting Work? | 不知道如何準備您的會計工作？

Whatever the nature and size of your business, accounting take an important role in a business and is essential for management, director and shareholders to evaluate the financial performance of the business. A good accounting system is the fundamental of the future success of a business. Do you feel headache when you are preparing your taxation filling? No worries. Keep reading and you will discover the useful information to get ready for your taxation period.

Decide Your Financial Cut-Off Date

31 Dec & 31 March are the common days that many Hong Kong companies set as their financial cut-off date. You could decide both of one as your company’s financial cut-off date based on your needs. Normally, companies from overseas would like to set the dates at 31 Dec because it will be convenience to match up with their overseas accounts. As to the local companies, they prefer to set 31 March because they could match up with the Hong Kong Government ‘s cut-off day. Meanwhile, “The Budget” will be published by HK Government in March. The new financial policies will be implemented in April. Therefore, company who set the cut-off date at 31 Mar. They can enjoy the advantages of “The Budget” immediately.

What Startup Company Need To Do?

As a local registered startup company no matter your business market is targeted either Hong  Kong or overseas, you also need to prepare  audited financial statement and filing together with the company’s profit tax return every year   and hand in your audit report with completed tax return. Basically, IRD (Inland Revenue Department) will delivery the first profits tax return in around one and a half years after the date of your company formation. You have to submit the related documents within 3 months after you received from IRD. For example, if a company was formed on 01 January 2021, it will receive its first Profit Tax Return around June 2022. Meanwhile, this company will need to submit the documents before September.

What Can I Do If I Have No Idea How To Manage the Accounting & Audit Work?

Many people might have difficulties on handling annual accounting & audit issue. Especially some foreign companies, they might not fully understand the HK taxation system. Hence, you could assign your accounting & audit to be managed by professional services provider. It is a benefit to establish a good financial report structure such as balance sheet, profit & loss accounts and booking system for your company. Also, assigning to professional firm is the method to reduce your extra working time on accounting issue.

KPC Business Centre has 12 years experiences with providing outstanding accounting & audit services. Looking for a professional accounting consultant?  Please feel free to drop us an email at [email protected] / Whatsapp us +852 9168 9205 anytime.

不知道如何準備您的會計工作？

無論您從事甚麼業務都不能忽略會計的部分。做好會計工作不僅能儲存企業帳單的記錄，而且是準備稅收季度的便捷方法。在準備處理稅務工作時，您會感到頭痛嗎？別擔心。請繼續閱讀，本週會分享相關的資訊，為稅收季度的來臨做好準備。

確定您的財務截止日期

許多香港公司在每年的12月31日和3月31日設定為財務截數日。您可以根據公司的需要設定兩者中其中一日為您公司的財務截數日期。通常，來自海外的公司希望將日期設定於12月31日，因為它很方便與他們海外公司的帳口結數。至於本地公司，他們主要定於3月31日，因為它們可以配合香港政府的截數日。同時，將由香港政府通常會在3月發布「財政預算案」。新的財務政策會在預算案發佈後數個起於實施。因此，將截數日期定為3月31日的公司可以完整地受惠於「財政預算案」。

創業公司需要做什麼？

作為香港註冊的初創公司，無論您的市場業務是針對香港還是海外，您都需要準備會計事項並提交帶有完整的審計報告。基本上，香港稅務局（IRD）會在公司成立日期後約一年半後左右提供第一份利得稅報稅表。您必須在收到報稅表之後的3個月內提交相關文件。舉其中一個例子，如果一家公司於2021年1月1日成立，則它將在2022年6月左右收到首份利得稅報稅表。與此同時，該公司需要在2022年9月之前提交文件。

如果我不知道如何管理會計和審計工作該怎麼辦？

許多人在處理年度會計和審計時可能會遇到困難。特別是一些外國公司，他們可能不完全了解我們香港的稅收制度。因此，您可以將會計和審計的工作分配給專業服務提供商進行管理。建立良好的財務報告結構（如資產負債表，損益表和貴公司的簿記系統）是有好處的。另外，分配給專業公司是減少您在會計問題上的額外工作時間的好方法。

尖沙咀商務中心擁有12年的經驗提供專業的會計和審計服務。 尋找專業的會計顧問？ 請隨時通過[email protected] / Whatsapp給我們+852 9168 9205。