Compliance - Annual Return - Registered Non-Hong Kong Company
Annual Return for a Registered Non-Hong Kong Company in Hong Kong
Overview
A registered non-Hong Kong company operating in Hong Kong is required to submit an annual return to the Companies Registry every year. This is a legal obligation to keep the company's information up-to-date.
Key Points
Timing: The annual return must be submitted within 42 days of the company's registration anniversary.
Form: The required form is NN3.
Content: The annual return should include accurate information about the company's directors, shareholders, registered office, and business activities.
Fees: An annual registration fee is applicable. Late submission results in significantly higher fees.
Penalties: Failure to submit the annual return on time is a criminal offense.
Required Information for an Annual Return (Form NN3)
The annual return for a registered non-Hong Kong company in Hong Kong requires the following information:
Company Details
Company name
Registration number
Date of incorporation
Jurisdiction of incorporation
Registered office address in Hong Kong
Principal place of business in Hong Kong
Authorized Representative
Name and address of the authorized representative
Directors
Names and addresses of all directors
Date of appointment and resignation (if applicable) for each director
Shareholders
A list of shareholders (for public companies only)
Business Activities
A brief description of the company's principal business activities
Other Information
Any changes in company structure or share capital
Details of any mortgages or charges on the company's assets
Note: While shareholder information is required for public companies, private companies typically do not need to provide this information.
Important Considerations
All information provided must be accurate and up-to-date.
The annual return must be signed by a director, company secretary, manager, or authorized representative.
A certified copy of the company's latest published accounts may be required (check specific requirements).
Process of Filing an Annual Return in Hong Kong
General Steps
Gather Required Information:
Ensure you have accurate details about the company's directors, shareholders, registered office, and business activities.
Prepare the necessary documents, such as certified copies of identification for directors and shareholders.
Obtain Form NN3:
You can download the form from the Companies Registry website.
Complete the Form:
Provide accurate and complete information in all sections of the form.
Double-check the information for errors.
Calculate and Pay the Fee:
Determine the appropriate fee based on the company's size and circumstances.
Make the payment as instructed by the Companies Registry.
Submit the Form:
You can submit the form electronically through the Companies Registry's online system (if available).
Alternatively, you can submit a physical copy of the form to the Companies Registry office.
Additional Considerations
Timely Submission: Ensure the annual return is submitted within 42 days of the company's registration anniversary to avoid penalties.
Penalties: Late submission can result in significant financial penalties.
Online Resources
The Hong Kong Companies Registry website is the most reliable source of information for filing an annual return. It provides detailed guidelines, forms, and fee schedules.
Link to the Hong Kong Companies Registry: https://www.cr.gov.hk/en/home/index.htm
Detailed Information
You can find comprehensive information on the Hong Kong government's website:
Companies Registry: https://www.cr.gov.hk/en/compliance/annual-return/non-hk-company.htm
This page provides details about:
When to deliver the annual return
How much to pay
The required form (NN3)
Penalties for late submission
Additional Resources
Annual Return of a Registered Non-Hong Kong Company: https://www.cr.gov.hk/en/publications/docs/21-e.pdf
Annual Return Filing and Business Compliance in Hong Kong: https://www.bestar-asia.com/post/annual-return-filing-hong-kong
How Bestar can Help
Compliance - Annual Return - Registered Non-Hong Kong Company
Bestar plays a crucial role in supporting businesses in Hong Kong.
Financial Management: Handles accounting, taxation, and financial reporting.
Tax Planning: Offers strategies to minimize tax liabilities.
Business Advisory: Provides financial advice and support for business growth.
Auditing: Conducts financial audits to ensure compliance with regulations.
Company Incorporation: Assists in setting up a company in Hong Kong.
Legal Compliance: Ensures that the company adheres to local laws and regulations.
Registered Office: Provides a registered office address for the company.
Company Secretary Services: Can offer company secretary services if qualified.
Legal Compliance: Ensures the company complies with corporate governance and statutory requirements.
Annual Return: Prepares and submits the annual return to the Companies Registry.
Board Meetings: Provides administrative support for board meetings.
Shareholder Management: Maintains shareholder records and handles share transfers.
Corporate Governance: Advises on corporate governance best practices.
By utilizing the expertise of Bestar, businesses can focus on their core operations while ensuring that their legal, financial, and administrative matters are well-managed.
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