Why do we need to have an annual review?
Impact and penalty details of overdue annual inspection
Government fines
Government fines or prosecutions, as well as court summonses
Account freeze
The bank will be frozen, unable to receive or pay money, unable to withdraw balances, and unable to open an account in the future
Damaged credit
It may cause shareholders and directors to have bad credit records, affecting entry and exit and flight transfers, etc.
Annual review of Hong Kong companies
Annual review content: Replacement of the latest annual business registration certificate and submission of annual return
Annual review cycle
One year review; one month before the date of establishment, our company will have someone call your company to notify you. If there is any change in contact information, please contact us in time
Required Information
The company established by Ou Ying does not need to provide additional information. Ou Ying Investment Company is your company's legal secretary in Hong Kong, China. Ou Ying will file on your behalf, so your company does not need to provide additional information for the annual review.
Annual review fee
OuYing's annual secretarial service fee + government fee reimbursement (one-time payment)
Processing time
The processing time is 3 to 5 working days after the annual review of the previous year is due.
Data obtained after the annual review
The latest annual business registration certificate BR, annual return form NAR1, accountant certification documents, receipts and other annual review materials will be delivered to you free of charge
Tips: If the annual review is not completed 42 days after the due date, the government will impose a fine based on the time of overdue. Please complete the review as soon as possible after receiving the annual review notice from Ouying!
When will the annual review of Hong Kong companies be conducted?
Annual review content: Replacement of the latest annual business registration certificate and submission of annual return
Annual review processing time:
Arrange annual review
Hong Kong companies in China need to arrange annual review work before the expiration of the establishment date every year
One week in advance
Generally, the application will be prepared more than one week in advance to avoid fines due to overdue annual inspection
Note:
Accumulation of fines
The fines for companies that have not undergone annual inspection will increase as time goes by.
Impact on use
It may even affect the normal use of bank accounts.
