不少老板以为香港公司年审和内地年报一样，迟几天没关系。 真等到收到罚款通知才慌：香港公司年审，逾期1天就触发处罚，根本没有官方宽限期。 今天把年审审什么、罚多少、超期后果一次说清，省得白交冤枉钱。

The tax base for Hong Kong profits tax is assessable profit, and the key lies in determining which expenses qualify as deductible expenses. Capital expenditures, household or personal expenses, and expenses not incurred for the purpose of generating assessable profit are generally not deductible. This article outlines the general principles governing deductible expenses, five typical categories of non-deductible items, and the three most common accounting disputes for cross-border enterprises, along with a list of supporting documentation.

When foreign companies enter the Hong Kong market, in addition to establishing a new local subsidiary, they may also register a non-Hong Kong company—that is, set up a place of business in Hong Kong. Branch offices and representative offices differ significantly in terms of legal status, scope of permitted activities, and tax filing obligations. This article compares the appropriate scenarios, registration procedures, and ongoing compliance burdens for the three options—establishing a new subsidiary, a branch office, and a representative office—to help cross-border enterprises choose the right business structure for their operations in Hong Kong.

You cannot simply choose any name you want for a Hong Kong company. Names that include terms suggesting a nonprofit organization—such as “association,” “foundation,” or “society”—typically require prior approval; otherwise, even if the registration is successful, it may be revoked later. This article outlines several categories of restrictions on Hong Kong company naming, the approval process for regulated terms, and the name and trademark searches that should be completed prior to registration. It also explains the ripple effects and associated costs that arise from a single name change.

There is no requirement to pay in the registered capital of a Hong Kong company; however, the amount of registered capital directly affects the stamp duty costs associated with subsequent equity transfers, with the tax amount calculated based on the higher of the consideration or the net asset value. In practice, most companies opt for a standard registered capital of 10,000 HKD. This article explains the relationship between registered capital and stamp duty calculations, the composition of official registration fees, and the practical issues arising from setting the registered capital too high or too low.