According to the Company Ordinance Section 379 to 380, Director of a Company is required to prepare the audited financial statements annually. Therefore, preparation of audit can fulfill the requirement of tax return submission and the Company Ordinance.
may provide the audited financial statement of last year, relevant bank statements, sales and purchases invoices, expenses invoices and fixed assets purchasing records.
The management of a Company is free to decide anytime as the Company’s year-end date. Normally, Hong Kong Limited Companies would choose March or December to be the year-end date. Moreover, for the first year of a Limited Company, the year-end date should not exceed 18 months from the day of incorporation.