LT CLOUD
PROFESSIONAL
ACCOUNTING SERVICES
We prepare financial statement - statement of financial position, statement of cash flows, income statement and statement of changes in equity in accordance with the accounting documents that provided by customers.
It is useful for the user to view the cash flow, profitability and liquidity of the company.
HK CO (Cap.32/Cap.622) requires all companies to prepare financial statement every year.
Services including
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Bookkeeping
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Adopting accounting policies
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Preparation of financial statements
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Inventory management
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Cost management
Fees
Factors
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Monthly transactions in bank and petty cash transactions
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The nature of business
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Customers' requirement
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Completeness of accounting records
AUDIT ARRANGEMENT
The Company Ordinance of Cap. 622 of the Laws of Hong Kong requires Hong Kong Limited to conduct an annual statutory audit of its accounts for an appointed auditor. The audit report must be made available to shareholders at the AGM. The auditor responsible for the audit must be a certified public accountant registered under the Professional Accountants Ordinance (Cap. 50). The company regulations require the newly established limited company to conduct the first audit within 18 months from the inception. The annual anniversary date of the company's accounts does not stipulate that the election will be held on March 31 or December 31.
A grace period can be obtained on the year end date for filing a Profits Tax Return. Customers can decide the date of the anniversary date for their own needs, and we will also provide free consultation to help customers understand the relevant matters. It is the responsibility of the directors to compile and maintain accounting records. The directors of the company are required to submit the company's accounts and related business records to qualified certified public accountants every year. Customers can refer to the list of Hong Kong accountants for the following websites.
https://www.hkicpa.org.hk/app/hkicpa_app//practicedirectory/index.php
We provide free consultation services to enable our customers to understand and comply with relevant statutory requirements. If customers receive the company's profits tax return, please contact us immediately.