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Hong Kong Company Annual Return Filing

Updated:2018-3-28 14:52:52    Source:www.tannet-group.comViews:348

Hong Kong company annual return filing refers to the filing of annual return by limited companies incorporated in Hong Kong, which is one of the requirements detailed in  Companies Ordinance, Chapter 32, Laws of Hong Kong. Late filing results in a higher registration fee, and exposes both the company and its officers to fines and possible prosecution.

Who has to file an annual return
All local companies incorporated in Hong Kong under the Companies Ordinance are required to file an annual return manually signed by a director or the secretary of the company once in every year. However, a private company which is deemed to be a dormant company under section 344A(3) of the Ordinance is exempt from filing annual returns.

Time for filing an annual return
For a private company having a share capital, you have to file, once in every year, an annual return made up to the anniversary date of incorporation of the company (the made up date) within 42 days after that date.

For any other companies, you have to file an annual return within 42 days after the annual general meeting (AGM) for the year or within 42 days after the date of the written resolution passed in lieu of the AGM.

Documents to be Delivered
You should deliver the following document(s) as early as possible within the prescribed time period to the Companies Registry –

(a) a properly completed and signed annual return in specified form AR1/AR2/AR3 as appropriate. The first annual return of a company should be submitted on specified form AR1; and
(b) where the company is not a private company, certified true copies of the company's accounts including the balance sheet laid before the company at its AGM, the report of the auditors and the report of the directors.

Consequence of late annual return filing
If the annual return of a company is not filed within the prescribed time period, the company, every director, secretary and manager of the company are liable to prosecution and, if convicted, default fines.

The maximum penalty is HK$50,000 for each breach and a daily default fine of HK$700. In addition, a substantially higher registration fee is payable for the late filing of an annual return of a company having a share capital.

Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.

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