What are the ongoing costs of maintaining a Hong Kong company?

You need:

• A licensed company secretary for:
  – Filing corporate changes with the Companies Registry
  – Filing an annual return
  – Renewing business registration annually
  – Updating your Significant Controller Register (SCR)

• A registered address

• A correspondence address for official letters

• To pay the annual return fee (HKD 105)

• Finally, to pay the annual business registration fee (HKD 250 per year)
  

You get one year of registered address and company secretarial services included in your Neat Registration package. Moreover, at the end of the first year, you can continue working with our partner or choose your own.

You’re also required to do your accounting, audit your accounts and submit a tax return. However, accounting and auditing costs vary based on your transaction volumes and specific needs.