Incorporations in Hong Kong

Companies registered in Hong Kong, must submit / file annual administrative and financial reports. Usually, the forms necessary for filing, are prepared by the company’s Secretary in the country of registration, who then forwards them to the company’s Director. The financial statements of the Company shall be audited by a local auditor if the accounts are not dormant.

Since most of the companies do not transact business in Hong Kong, they often file a zero accounting, as such companies do not have any assets subject to taxation in the country of registration, however this doesn’t seem to be a proper way and the “active” accounts shall be submitted every time when the Company has any activity whether within in Honk-Kong or not.