Financial Management

Accounting & Auditing

Accurate bookkeeping, professionally prepared financials, and statutory audit coordination — fully HKFRS compliant.

Service Overview

Accounting & Auditing

Every HK company has a legal obligation to maintain proper accounting records. Financial statements must be prepared in accordance with HKFRS and audited by a HK CPA. BNH manages your full accounting cycle — from monthly bookkeeping through to statutory audit coordination and management reporting.

What We Cover

Monthly bookkeeping
Bank reconciliation
Accounts payable/receivable
Management accounts
Annual financials (HKFRS)
Statutory audit coordination (CPA)
Profits Tax computation
Financial advisory
How We Work

Our Process

01
Onboarding
We obtain your financial records, review historical transactions, and set up a bookkeeping system appropriate to your business.
02
Monthly Bookkeeping
Record, categorise, and reconcile transactions. Reconcile bank statements. Follow up on payables and receivables.
03
Quarterly Review
Prepare management accounts — P&L, balance sheet, and key metrics. Proactively flag any issues.
04
Annual Audit
Coordinate statutory audit with a HK CPA. Prepare financial statements and supporting schedules.
05
Tax Filing
Prepare Profits Tax computation and file together with audited financials.
Who It's For

Is This Right for You?

All HK Companies
Every company must maintain accounts and submit audited tax returns — we keep you consistently IRD compliant.
Foreign-Owned Companies
Non-HK-resident owners without an internal finance team who need professional management of their accounts.
Companies Raising Investment
Businesses needing clean, audited financials for investor or financing due diligence.
High-Transaction Businesses
Companies with complex or high-volume transactions requiring accurate monthly reconciliation.
FAQs

Frequently Asked Questions

Is a statutory audit mandatory?
Yes — all HK companies must have financials audited by a HK CPA. No minimum threshold; applies regardless of size or activity.
Which accounting standards apply?
HKFRS issued by the HKICPA. Smaller entities may qualify for HKFRS for Private Entities.
What is the Profits Tax rate?
16.5% standard rate. Two-tier: 8.25% on first HKD 2M; 16.5% above. One entity per group qualifies for the lower rate.
Is there GST or VAT?
No — Hong Kong has no GST, VAT, or any form of sales tax.
Get Started

Ready to Get Started?

Our consultants will guide you — no obligation consultation.

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