FAQs — Hong Kong Statutory Audit
When audits are required, documents needed and how audit links to profits tax.
Does every Hong Kong limited company need an annual audit?
Generally yes — limited companies must prepare financial statements and obtain a statutory audit under the Companies Ordinance. Specific exceptions such as duly declared dormant companies may apply; confirm your position with an advisor.
How does the audit relate to profits tax?
When filing a profits tax return, active limited companies typically need to attach audited financial statements. Completing the audit supports timely filing.
What documents are usually required?
Common items include incorporation and business registration documents, articles, bank statements, sales and purchase records, contracts, payroll/MPF records, and the prior-year report if any. The list depends on your business.
How can VCL help?
We can coordinate bookkeeping clean-up, statutory audit arrangements and alignment with your tax timeline. Share your year-end and activity level for an initial assessment.
Talk to our team
Tell us about your Hong Kong or cross-border needs. WhatsApp for a free initial consult, or email info@vclhk.com — no invented prices or bank guarantees, just practical next steps.