Accounting and Audit Services

Bookkeeping and Financial Reporting

We provide meticulous bookkeeping and financial reporting to keep your Hong Kong company or Dubai company compliant and ready for audits or tax filings.

1

Hong Kong:

Record all transactions to meet Hong Kong company compliance under the Companies Ordinance. Prepare financial statements for Hong Kong profits tax filings (16.5% or 8.25% for the first HKD 2 million). Support offshore claim applications by documenting offshore income sources.

2

Dubai:

Maintain records for Free Zone companies and mainland Dubai companies per UAE Federal Tax Authority (FTA) standards. Ensure compliance with 9% corporate tax (or 0% for QFZPs in Dubai Free Zones) and 5% VAT where applicable. Track qualifying income for QFZP status to secure 0% tax on eligible activities.

3

Offshore Companies:

Simplified bookkeeping for Seychelles IBCs and BVI IBCs, which have minimal reporting requirements. Prepare management accounts for offshore holding companies, especially those linked to a Hong Kong company.

Audit Preparation and Support

Our audit services ensure your Hong Kong company or Dubai company meets statutory requirements, enhancing credibility and compliance.

1

Hong Kong:

Prepare for mandatory annual audits required for private Hong Kong companies under the Companies Ordinance (exemptions apply for small companies meeting specific criteria, e.g., revenue below HKD 2 million). Compile audit-ready financial statements, including balance sheets and profit/loss accounts. Support offshore claim applications by providing evidence of offshore income (e.g., contracts, offshore bank account records) for Inland Revenue Department (IRD) review.

2

Dubai:

Assist Free Zone companies with voluntary audits to maintain QFZP status or meet Dubai Free Zone authority requirements. Prepare mandatory audits for mainland Dubai companies with revenue above AED 50 million or as required by the FTA. Ensure compliance with International Financial Reporting Standards (IFRS) for Dubai audits.

3

Offshore Companies:

No mandatory audits for Seychelles IBCs or BVI IBCs, but we offer voluntary audits for transparency or banking purposes, especially for offshore holding companies owning a Hong Kong company.

Offshore Claim Applications and Tax Filings

We specialize in navigating offshore claim applications and tax filings to optimize tax savings for Hong Kong companies and Dubai companies.

1

Hong Kong Offshore Claim Applications:

File Profits Tax Returns (Form BIR51) with the IRD, claiming exemptions for offshore income to avoid Hong Kong profits tax (16.5%). Provide supporting documents (e.g., invoices, offshore bank account records, contracts) to prove profits are sourced outside Hong Kong. Respond to IRD inquiries, addressing factors like client locations, operations, or Hong Kong presence to secure exemptions. Ensure compliance with anti-avoidance rules to validate genuine offshore operations.

2

Dubai QFZP Applications:

Register your Free Zone company with the FTA and file Corporate Tax Returns to claim 0% tax on qualifying income as a Qualifying Free Zone Person (QFZP). Document substance (e.g., staff, assets in the Dubai Free Zone) and qualifying activities (e.g., intra-Free Zone transactions, exports). Segregate qualifying and non-qualifying income to comply with de minimis rules (non-qualifying revenue <5% or AED 5 million). Provide transfer pricing documentation to meet FTA standards.

3

Offshore Companies:

No tax filings for Seychelles IBCs or BVI IBCs, as they face 0% offshore taxes. We ensure minimal compliance, such as annual fees or Economic Substance filings (if applicable). For offshore holding companies owning a Hong Kong company, we coordinate dividend flows and financial reporting to align with Hong Kong’s tax-free dividend policy.

Tax Advisory and Compliance

Our expert advisors optimize your tax strategy while ensuring full compliance with local regulations.

1

Hong Kong:

Advise on Hong Kong profits tax exemptions, including offshore claim applications for foreign-sourced income. Ensure compliance with Hong Kong company filing deadlines and record-keeping requirements.

2

Dubai:

Guide Free Zone companies on maintaining QFZP status to secure 0% corporate tax. Advise on 9% corporate tax for mainland Dubai companies and 5% VAT obligations.

3

Offshore Companies:

Provide tax planning for Seychelles IBCs and BVI IBCs, especially as offshore holding companies, to leverage 0% tax and Hong Kong’s tax-free dividends.

Key Benefits of Our Accounting and Audit Services

  • Simplified Compliance Meet Hong Kong company compliance and Dubai company requirements with ease, from financial reporting to audit preparation.
  • Tax Optimization Maximize savings through offshore claim applications in Hong Kong or QFZP status in Dubai, reducing or eliminating tax liabilities.
  • Global Expertise Seamless support for offshore companies (e.g., Seychelles IBCs, BVI IBCs) and their integration with Hong Kong companies or Dubai companies.
  • Time and Cost Savings Outsource complex Hong Kong accounting, Dubai accounting, and offshore accounting tasks to our experts, freeing you to focus on growth.
  • Enhanced Credibility Audit-ready financials and compliant tax filings strengthen your Hong Kong company or Dubai company’s reputation with banks, investors, and regulators.
  • Offshore Bank Account Support Pair our services with offshore bank account openings to streamline financial management and support offshore claim applications.

Why Partner with Us for Accounting and Audit Services?

Our Accounting and Audit Services are designed to empower Hong Kong companies, Dubai companies, and offshore companies with efficient, compliant financial management. With extensive experience in Hong Kong accounting, Dubai accounting, and offshore accounting, we offer:

    • Comprehensive Support: From bookkeeping to offshore claim applications, we handle all aspects of financial compliance.
    • Expert Navigation: Simplify complex Hong Kong profits tax, Dubai corporate tax, and offshore tax requirements with our professional team.
    • Tailored Solutions: Customized services for Free Zone companies, mainland Dubai companies, Hong Kong companies, and offshore holding companies.
    • Seamless Integration: Coordinate with offshore bank accounts and company formation services for a holistic approach.

Get Started with Your Accounting and Audit Services Today

Whether you’re running a Hong Kong company, a Dubai Free Zone company, or an offshore company, our Accounting and Audit Services ensure compliance, tax efficiency, and financial clarity. From Hong Kong audit preparation to Dubai QFZP applications and offshore accounting, we’re your trusted partner for success in global markets.

Contact us today to streamline your Hong Kong accounting, Dubai accounting, or offshore claim application and keep your business compliant and thriving!

Whilst every effort has been made to ensure that the details contained in this website are correct and up-to-date, it does not constitute legal or other professional advice. The Client is responsible for ensuring that he/she has taken all necessary tax and legal advice with regards to the establishment and operation of the company/the trust/the foundation/the bank account and for ensuring that the activities will not breach the law of any relevant jurisdiction.