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Account freezeBanks will be frozen and unable to pay Unable to withdraw the balance, unable to open an account in the future
Government fineThe government fined or prosecuted, and the court issued a subpoena. Overdue maximum fine of HKD50000, daily fine HDD700, understand the detailed fine amount.
Credit damageMay cause shareholders' directors to be recorded bad credits, Affecting immigration and flight transfers, etc.
Shanghai Miss Li registered a Hong Kong company in 2013. Her colleagues held a brand name for her own clothing brand. Due to the busyness of the matter, she forgot to handle the annual review, resulting in an overdue three months. Not only did the government impose a fine of 1,170 yuan, but it also left a bad one. Recording, brand use has also been affected. On time and on time, avoiding bank accounts being affected
Mr. Zhou’s Hong Kong company has a HSBC bank account and has been working very well. It has promoted his business. When he received a new order, he found that this year’s account was closed due to a delay in the annual review. This not only requires re-applying for an account, but the new order can't be processed, which makes him deeply anxious. On time and on time, avoiding bank accounts being affected
Annual review content: Replace the latest annual business registration certificate and submit annual return
Hong Kong companies need to arrange annual review work before the date of establishment
Generally, it will be prepared more than one week in advance, so as not to cause fines for the annual review.
Companies that have not started their annual review will grow more and more fines over time.
It will even affect the normal use of bank accounts.
For more questions, please contact customer service staff.
If it is more than 30 days from the anniversary of the founding of the corporation, the penalty - HKD300
If it is more than 42 days but not more than 3 months from the anniversary of the founding of the corporation - HKD 870
If it is more than 3 months but not more than 6 months from the anniversary of the incorporation of the corporation - HKD 1740
If it is more than 6 months but not more than 9 months from the anniversary of the incorporation of the corporation - HKD 2610
If it is more than 9 months from the anniversary of the founding of the corporation - HKD 3480
Overdue time is accumulated year by year