Accounting
One-stop accounting solutions for all your diverse financial needs
Stay on Top of Your Business Finances
Personalized Service from Experts
From day one, you'll have a personal accountant who will get to know your business. Our local team will prepare your accounts and manage third-party audits, ensuring seamless delivery to the Inland Revenue Department. Stay compliant stress-free.
Accurate Tax Payments
We'll help you navigate the Hong Kong and
Singapore tax system, including rates and local allowances, to ensure that you can do business while remaining compliant.
Timely Filing
Our streamlined processes ensure that you never miss a filing deadline, avoiding any nasty fines.
Personalized accounting services
Your dedicated accountant is available for assistance through live chat and guarantees a response within one day.
Efficient audit and compliance filing
As per Hong Kong/
Singapore
regulations, every business must undergo an audit conducted by a certified third-party Auditor. The audit results are then submitted to the Inland Revenue Department.
Unlimited bookkeeping support
Bookkeeping is included in your package. We handle all aspects of financial record-keeping, tax management, and transaction reconciliation without any limitations.
Centralized document management
Safely store all your essential documents in one secure location. Our system automates the upload of bank statements, invoices, bills, and expenses, making tax filing hassle-free.
Simplify your financial management and focus on growth with our reliable services.
Accounting services for every business, from startups to those scaling
For Startups
Ambitious startups require flexible and proactive accounting services. We provide financial statement preparation and bookkeeping services to support your business's growth.
For Enterprise
Our tailored accounting services cater to the unique needs of businesses. We provide accurate financial statement preparation, bookkeeping services, and compliance filing. Simplify your financial management and concentrate on your core operations with our expertise.
For NGO
Tailored accounting services for non-profit organizations like schools, nursing homes, clinics, and more. We provide comprehensive bookkeeping, financial statement preparation, and compliance filing. Simplify your financial management and focus on your mission.
Choose with confidence, only for the certified.
Simple means simple, nothing more.
How we begin ?
Initiate contact by calling or messaging us via WhatsApp to schedule an initial consultation for our professional accounting and auditing services. We specialize in providing personalized solutions tailored to your business needs.
2. Efficient Document Collection for Accounting and Bookkeeping
Upon consultation, we will guide you on the necessary accounting documents required for our services, including financial records, receipts, and invoices. Our streamlined process ensures a hassle-free collection of essential information for accurate bookkeeping.
3. Comprehensive Bookkeeping and Organizational Expertise
Our experienced team excels in meticulous bookkeeping and organizing financial data. We employ advanced accounting software and methodologies to ensure precision and efficiency in managing your accounts.
4. Client Sign-off and Expert Tax Filing Services
5. Proactive Follow-up and Timely Reminders
To ensure smooth operations, we maintain regular communication throughout the year. Our team will provide proactive updates, reminders, and guidance on additional documentation requirements or impending deadlines for tax filings, audits, and compliance. Count on us to keep your accounting matters in order.
Frequently Asked Questions
1. Why should small or startup businesses outsource accounting or tax accounting services to professional firms?
As a small business, you can handle bookkeeping yourself while closely monitoring your company's financial situation. However, as your business grows, most entrepreneurs prefer to focus their time on products and services rather than on bookkeeping or accounting tasks. Outsourcing accounting services means entrusting the accounting work to a professional accounting firm. You can outsource various accounting services, including accounts receivable, accounts payable, payroll, transaction coding, tax, and financial reporting.
2. What accounting software do you use?
We use Odoo or Xero. These are modern cloud-based accounting systems that can be used to manage invoices, inventory, expenses, cash flow tracking, bank reconciliation, bookkeeping, and other accounting services tailored to small businesses. They can be accessed through computers or mobile devices. They integrate with multiple third-party providers such as Stripe, Paypal, Capsule, and HubSpot.
3. What format of data should I submit?
You can send us data in any format. Simply upload the documents to our application, store them in the cloud, or email them to our experts, and we will take care of the rest.
4. How do you price your services?
Our pricing is based on company revenue. We do not charge based on the number of transactions in your account or the number of invoices uploaded. All charges are calculated on a fiscal year basis, not a calendar year basis.
5. What taxes does a Hong Kong company need to pay annually?
A Hong Kong company is only required to pay profits tax annually. The tax rate is 8.25% for the first HKD 2 million of profits and 16.5% for profits exceeding that amount. Sole proprietorship or partnership businesses have two-tier profit tax rates of 7.5% and 15%. If a company has no profits, there is no need to pay profits tax.
6. When is the financial year-end for a Hong Kong company?
It is typically customary to use either March 31st or December 31st as the financial year-end for a Hong Kong company. The maximum length of the first financial year-end is 18 months.
7. My Hong Kong company only has a bank account and acts as an intermediary for collecting and paying Chinese company payments. Do I still need bookkeeping, auditing, and tax filing for the Hong Kong company?
Yes, you do. Even if the Hong Kong company only plays the role of collecting and paying on behalf of others, it still needs bookkeeping and auditing. By doing bookkeeping, the entire process of collection and payment can be documented, and then the actual income of the Hong Kong company can be determined based on the circumstances.
8. Under what circumstances can a Hong Kong company be exempt from paying profits tax?
If a company's income does not originate from Hong Kong and the company does not have an office or employ staff in Hong Kong, the profits earned can be exempted from paying profits tax. However, an application for offshore income tax exemption needs to be made to the Hong Kong Inland Revenue Department.