Under the Companies Ordinance, Hong Kong limited companies generally require an annual statutory audit. When filing a profits tax return with the Inland Revenue Department, audited financial statements are typically required. Even with limited transactions, active companies should allow time to assemble bank statements, invoices and contracts.
Our Hong Kong audit services
- Statutory annual audit
- Arrangements for dormant or low-activity companies
- Observations on internal controls and processes
- Special-purpose reports (for example income confirmation), where appropriate
- Investment immigration audit reports, New CIES net-asset AUP and other statutory reports for application packs
If you or your immigration advisor need an investment immigration audit report Hong Kong or net asset AUP Hong Kong for New CIES, see that dedicated service page.
How audit links to tax
Completing the audit supports a cleaner profits tax filing. VCL can coordinate bookkeeping → statutory audit → profits tax so you are not chasing documents across multiple providers. See also our profits tax and accounting pages.
We treat audit as more than a compliance checkbox: we explain what the numbers mean for management. Share your year-end and activity level by WhatsApp or email for practical next steps.
Related reading
Related: profits tax deadlines, Pillar Two top-up return, accounting, investment immigration audit / net-asset AUP.
If you have received an IRD enquiry or field-audit letter, see our IRD tax investigation Hong Kong guide.