Do I have to pay Annual Maintenance Fee Dates and Penalties?

  Yes. You have to pay:

(1) Renewal of Registered Office and Company Secretary

Our Company Secretary and Registered Office services are to be renewed on the anniversary of incorporation and fees are to be paid 1 month before the anniversary date.

 (2) Filing of Annual Return

An Annual Return is required to be filed within 42 days after the anniversary of incorporation together with the payment of a statutory filing fee of HKD105 (USD14).

NoteCompanies have to pay higher registration fees for filing Annual Returns late.

See details here 

 (3) Renewal of Business Registration Certificate

The Business Registration is due for renewal around one month before and after it is expired. The current business registration fee is HKD450 (USD60) per annum. Late renewal will attract a penalty of HKD300 (USD40). Further delay will result in court proceeding and extra fine.

As the filing of Annual Return, renewal of Business Registration Certificate and Registered Office and Company Secretary services are due at the same time. Therefore, we normally send out notice of the annual renewal for all these items two months before they fall due and payment is expected at least 3 weeks before due date so as to allow us time to process the annual renewal.

Please note that our primary means of communication is email so please make sure we are being notified immediately should you change your email address.

 (4) Annual Statutory Audit and Filing of Profits Tax Return

If a company choose to have its accounting year ended on 31 March, it is required to have its financial statements audited and the profits tax return filed with the Inland Revenue Department (Hong Kong Tax Authority) on or before 15 November the same year.

Late filing of Profits Tax Return will initially result in a fine of HKD1,200 (USD155) and further delay may result in court proceeding and extra fines.