Audit & Tax Filing Services in Hong Kong

Every Hong Kong company must have its accounts audited by a Certified Public Accountant (CPA) and file a Profits Tax Return with the Inland Revenue Department annually. Echo Olesen Global coordinates the entire audit and tax filing process, working with qualified CPAs to ensure full compliance.

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TCSP Licensed ยท TC010076

What's Included

Coordination with CPA for statutory audit
Audit under Hong Kong SME-FRS
Profits Tax Return (PTR) preparation
Employer's Return (IR56B/IR56E) filing
Salaries Tax advisory
Stamp Duty compliance
Tax computation and review
Offshore profits tax exemption application
IRD correspondence handling
Tax assessment objection support

Our Process

01

Financial Statement Preparation

We prepare draft financial statements from your bookkeeping records for audit purposes.

02

Audit Coordination

We coordinate with our CPA partners to conduct the statutory audit efficiently.

03

Tax Computation

We prepare the profits tax computation, identifying all allowable deductions and exemptions.

04

PTR Filing

We submit the Profits Tax Return and audited financial statements to the Inland Revenue Department.

Frequently Asked Questions

When must a Hong Kong company file its Profits Tax Return?
The Inland Revenue Department issues Profits Tax Returns on 1 April each year. The standard filing deadline is 1 month from the date of issue, but tax representatives (like Echo Olesen Global) are granted extended filing deadlines under the Block Extension Scheme.
What is the Hong Kong Profits Tax rate?
Hong Kong operates a two-tier profits tax system. The first HK$2 million of assessable profits is taxed at 8.25% for corporations (or 7.5% for unincorporated businesses). Profits above HK$2 million are taxed at the standard rate of 16.5% (15% for unincorporated businesses).
Real Client Cases

Audit & Tax Filing Services in Hong Kong โ€” Case Studies

Real results from international clients who trusted Echo Olesen Global for their Hong Kong business needs.

๐Ÿ‡ฌ๐Ÿ‡ง
Professional Services Firm
United Kingdom ยท Consulting
60% Penalty ReductionVia Voluntary Disclosure
Challenge

A UK consulting firm's HK entity had never filed a profits tax return despite operating for 3 years, creating significant tax exposure and potential penalties from the Inland Revenue Department.

Our Solution

Echo Olesen Global prepared three years of financial statements, conducted the statutory audit, calculated the profits tax liability with applicable deductions, and negotiated a voluntary disclosure arrangement with the IRD to minimise penalties.

Outcome

Three years of tax compliance restored. Penalties reduced by 60% through voluntary disclosure. The client now files annually with zero late submissions.

๐Ÿ‡ฏ๐Ÿ‡ต
Trading Company
Japan ยท Import & Export
8 WeeksAudit Completed
Challenge

A Japanese trading company needed its HK subsidiary audited under Hong Kong SME-FRS standards to satisfy the requirements of a Japanese parent company's consolidated accounts.

Our Solution

Our audit team conducted a full statutory audit in compliance with Hong Kong SME-FRS, prepared audited financial statements in both English and Japanese summary format, and delivered the audit report within the agreed 8-week timeline.

Outcome

Audit completed on schedule. Financial statements accepted by the Japanese parent company's auditors without qualification. The client has engaged us for annual audits since.

Client Reviews

What Our Clients Say

5.0
Google Reviews
๐Ÿ‡ฌ๐Ÿ‡งUnited Kingdom
Verified

โ€œEcho Olesen resolved three years of unfiled tax returns for our HK entity professionally and efficiently. Their knowledge of IRD voluntary disclosure procedures saved us significant penalties. We now use them for all our annual audit and tax filing needs.โ€

Peter Lawson
Managing Director, Lawson Advisory Ltd
June 2024
Audit & Tax Filing
๐Ÿ‡บ๐Ÿ‡ธUnited States
Verified

โ€œOur HK audit is always completed on time and to a high standard. Echo Olesen's audit team is thorough and their tax filing is accurate. The profits tax computation they prepare is detailed and well-documented.โ€

Michelle Torres
VP Finance, Torres Global Holdings
August 2024
Audit & Tax Filing
๐Ÿ‡ฉ๐Ÿ‡ชGermany
Verified

โ€œEcho Olesen conducts our annual HK audit and prepares our profits tax return. Their team is professional, meets deadlines, and provides clear explanations of the tax computation. Highly recommend for European companies with HK entities.โ€

Klaus Richter
Finance Manager, Richter GmbH Asia
October 2024
Audit & Tax Filing
๐Ÿ‡ฆ๐Ÿ‡บAustralia
Verified

โ€œThe audit and tax filing service from Echo Olesen is excellent. They are proactive in identifying tax planning opportunities and ensure our HK entity is fully compliant with IRD requirements. Very professional team.โ€

Sophie Martin
CFO, Martin Pacific Group
December 2024
Audit & Tax Filing

Get Expert Advice

Our licensed advisors are ready to help you with Hong Kong audit tax filing service in Hong Kong โ€” whether you're based overseas or already in the city.

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TCSP License: TC010076
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Why Trust Us

TCSP Licensed by Companies Registry
Physical office in North Point, HK
50+ professional team members
Remote service for overseas clients
No middlemen โ€” direct service
Transparent pricing policy
Echo Olesen Global
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