Overlooked Hong Kong Company Secretarial Services
- a22162
- 2 hours ago
- 16 min read
Hong Kong Company Secretarial Compliance Gaps
Overlooked Hong Kong Company Secretarial Services
While many business owners view Hong Kong Company Secretarial (CoSec) services as a simple, once-a-year administrative checkbox for filing the Annual Return (Form NAR1), a bare-minimum approach frequently leads to silent compliance gaps.
Under the Companies Ordinance (Cap. 622), the company secretary holds a legally mandated compliance role. When these hidden duties are overlooked, companies face escalating statutory fines, personal liability for directors, disrupted bank accounts, and stalled Mergers & Acquisitions (M&A) due diligence.
The five most frequently overlooked aspects of Hong Kong company secretarial services involve critical compliance areas that require proactive management.
1. The Significant Controllers Register (SCR) Maintenance
Since the Companies Registry active enforcement push, failing to maintain an updated Significant Controllers Register (SCR) has become a top vulnerability. It is not a static document created at incorporation; it must be updated immediately when any beneficial ownership or voting rights cross the 25% threshold.
The Overlooked Risk: Law enforcement officers can walk into the registered office without notice to inspect the SCR. If it is missing, inaccurate, or the named Designated Representative (often the CoSec) cannot produce it, it is a criminal offense.
The Penalty: A Level 4 fine of up to HK$25,000 plus a daily default fine of HK$700 on both the company and every responsible person.
2. Strict 15-Day Windows for Corporate Changes
Many directors assume corporate changes can be batched and filed at the end of the financial year. However, Hong Kong law mandates that the Companies Registry must be notified within 15 days of specific events using designated forms (e.g., Form ND2A for director changes, NR1 for change of address).
The Overlooked Risk: If you change your registered office, appoint/resign a director, or modify the Articles of Association and wait until the Annual Return to report it, you are already months late.
The Penalty: Fines up to HK$50,000 and daily default penalties of HK$1,000 per day for delayed filing of officer or structural updates.
3. The Escalating Penalty Scale of Form NAR1
Every private limited company must deliver its Annual Return within 42 days after the anniversary of its incorporation. Even if the company is dormant or has zero business activity, the filing is mandatory.
The Overlooked Risk: A delay of even one day pushes you out of the standard HK$105 filing tier into an automatically escalating statutory penalty bracket.
Filing Delay | Government Penalty (On top of standard HK$105) | Total Statutory Cost |
Within 42 days | Nil | HK$105 |
42 days to 3 months late | HK$870 | HK$975 |
3 to 6 months late | HK$1,200 | HK$1,305 |
6 to 9 months late | HK$2,610 | HK$2,715 |
Over 9 months late | HK$3,480 | HK$3,585 |
The Ultimate Risk (Striking Off): Persistent failure to file consecutive annual returns will result in the Registrar striking the company off the register entirely. When a company is dissolved this way, all its assets—including active bank balances—automatically vest in the Hong Kong Government as bona vacantia (ownerless property).
4. Reconciling CoSec Records with the IRD and Audits
A common bottleneck occurs because corporate secretarial data and tax/accounting data are handled in separate silos. The company secretary handles the Companies Registry (CR), while the accountant/auditor handles the Inland Revenue Department (IRD).
The Overlooked Risk: If a share transfer or a change in director is filed with the CR, but the corresponding update isn't cross-referenced during the preparation of the audited financial statements or the Profits Tax Return, the IRD will flag the mismatch. This triggers corporate tax compliance reviews, audits, and delays in obtaining Tax Resident Certificates.
5. Banking Compliance and KYC Bottlenecks
Hong Kong banks have implemented some of the most stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) reviews globally. Banks routinely screen the public Companies Registry database against internal records.
The Overlooked Risk: If your corporate secretarial provider fails to log a minor change in a corporate shareholder's structure or an alternate director's details, the bank's automated screening may trigger a compliance alert. If the company fails to provide updated, certified secretarial documents within the bank's tight deadline, corporate bank accounts can be frozen without further notice.
Essential Health Check for Corporate Portfolios
When managing or reviewing Hong Kong entities, verifying these three operational items ensures structural compliance:
TCSP Licensing: Ensure the outsourced corporate services provider holds a valid Trust or Company Service Provider (TCSP) license. Operating via an unlicensed provider invalidates their standing as your local representative.
The "Green Box" Audit: Periodically request a full reconciliation of the physical or digital statutory books (Register of Members, Directors, and Charges) against the public Registry records to ensure zero discrepancies exist before any due diligence or audit cycles begin.
Sole Director Separation: Confirm that for single-director setups, a separate resident individual or licensed corporate body is formally appointed as secretary, as a sole director is legally barred from holding both positions simultaneously.
Step-by-step process and document Checklist required to Transfer a Hong Kong Company Secretarial Mandate from an Old Provider to a New One
Transferring a Hong Kong company secretarial (CoSec) mandate from an old provider to a new one is a straightforward procedural matter under the Companies Ordinance (Cap. 622). However, because the company secretary is the custodian of your company's legal compliance, the handoff requires strict coordination to avoid missing critical regulatory windows.
1. Step-by-Step Transfer Process
The transition follows a precise timeline. The incoming provider will typically manage the heavy lifting regarding document drafting and system updates, provided they are given access to the existing corporate file.
1 Vetting & Onboarding
Days 1–3
Select the new provider. Because they must hold a valid TCSP (Trust or Company Service Provider) license, they will conduct mandatory Anti-Money Laundering (AML) and Know Your Customer (KYC) screening on all directors, significant controllers, and ultimate beneficial owners.
2 Formally Notify the Outgoing Provider
Day 4
Review your current service agreement for notice periods (usually 30 days, though many allow immediate termination upon payment of outstanding fees). Send a written notice of termination and request a full handover of the company’s statutory records.
3 Pass Board Resolutions
Days 5–6
The Board of Directors passes a written resolution (or holds a meeting) to formally approve the corporate secretarial change. The resolution must explicitly accept the resignation/termination of the outgoing provider and approve the appointment of the new provider, stating the exact effective date.
4 Obtain Written Consent & Execute Form ND2A
Days 7–8
The incoming secretary signs a formal Consent to Act confirming they accept the statutory duties. Prepare Form ND2A (Notice of Change of Company Secretary and Director), which details both the cessation of the old secretary and the appointment of the new one.
5 File with the Companies Registry
Within 15 Days
Submit the signed Form ND2A to the Companies Registry (CR). This must be lodged within 15 days of the effective change date. Late filings trigger automatic statutory penalties starting at HK$870 and can escalate significantly.
6 Update Internal Registers & Business Address
Post-Filing
The new secretary updates your internal Register of Secretaries. If your company's Registered Office Address (ROA) was tied to the old provider's office, the new secretary must concurrently file Form NR1 within 15 days to move your physical legal address to their location.
2. Document & Handover Checklist
The outgoing provider is legally obligated to return all corporate property and records belonging to your company. Ensure your new provider receives the complete physical and digital history:
Statutory & Foundation Documents
[ ] Certificate of Incorporation (CI) and any Certificates of Change of Name.
[ ] Articles of Association (AA) (the original incorporation version plus any subsequently amended versions).
[ ] Valid Business Registration Certificate (BRC).
[ ] Form NNC1 (Incorporation Form) or Form NAR1 (the latest Annual Return filed).
Legal Registers & Minutes (The Core Handover)
[ ] The Significant Controllers Register (SCR) – Crucial for sudden law enforcement inspections.
[ ] Register of Members (Shareholders) and copies of all historical Share Certificates.
[ ] Register of Directors and Register of Secretaries.
[ ] Register of Charges (if the company has secured bank loans or corporate charges).
[ ] Minute Books containing all historical board minutes, AGM minutes, and passed written resolutions.
Administrative & Government Access
[ ] All copies of forms submitted to the CR or IRD after the date of the last Annual Return (e.g., recent share allotments, director changes, or address updates).
[ ] Access credentials or e-Registry account logins tied to the company, if held by the outgoing provider.
[ ] The physical Company Seal and Chop(s) (if the company continues to utilize them for contracts/banking).
[ ] A copy of the Compliance Calendar detailing upcoming deadlines for the financial year (Annual Return date, Profit Tax Return windows, and AGM deadlines).
A Note on Outstanding Balances: Outgoing service providers often exercise a lien over physical statutory registers if there are unpaid invoices. To ensure a seamless, non-disruptive transfer, ensure all outstanding administrative fees are settled prior to initiating the handover request.
Navigating Hong Kong Corporate Compliance: How Bestar Can Help Your Business Scale
Operating a business in Hong Kong offers unmatched access to global markets, a simplified two-tier profits tax regime, and a robust legal framework. However, the regulatory environment under the Hong Kong Companies Ordinance (Cap. 622) is stringent. Navigating annual statutory audits, complex Inland Revenue Department (IRD) requirements, and strict company secretarial windows can quickly overwhelm growing small and medium-sized enterprises (SMEs) and international founders.
Managing separate providers for accounting, secretarial duties, and auditing often creates communication gaps, leading to late filings, frozen bank accounts, and severe statutory penalties.
Bestar Hong Kong eliminates this operational friction. As a premier, licensed corporate solutions provider, Bestar provides an integrated, one-stop business ecosystem designed to handle your entire compliance lifecycle. Here is exactly how Bestar Hong Kong protects your corporate standing while freeing you to focus entirely on business growth.
1. Licensed Company Secretarial Services (TCSP Licensed)
In Hong Kong, every private limited company is legally required to appoint a resident Company Secretary. This is not an administrative checkbox; it is a vital fiduciary role carrying significant legal liabilities.
Bestar operates as a fully licensed Trust or Company Service Provider (TCSP). Our corporate governance experts step in as your named statutory officer to safeguard your entity from compliance lapses.
Proactive Annual Returns (Form NAR1): Bestar tracks your incorporation anniversary to prepare and file your Annual Return within the mandatory 42-day window, protecting your company from automatically escalating government penalties.
Airtight Significant Controllers Register (SCR): We manage, update, and host your SCR and act as your Designated Representative, ensuring full compliance with anti-money laundering (AML) laws during unannounced law enforcement inspections.
Rapid Corporate Actions: Whenever your entity evolves, Bestar drafts resolutions and updates the Companies Registry within the strict 15-day regulatory window for director changes, share allotments, or alterations to your Articles of Association.
Premier Sheung Wan Corporate Address: Benefit from a compliant, prestigious registered office presence right in the heart of Hong Kong’s financial district.
2. Tech-Driven Statutory Audit & Assurance
Unlike jurisdictions that exempt small businesses from auditing, Hong Kong mandates an independent statutory audit for every incorporated company, even if it is a lean startup or currently dormant.
Bestar’s team of licensed Certified Public Accountants (CPAs) transforms this mandatory regulatory hurdle into a tool for financial optimization and corporate credibility.
Risk-Based Auditing: Conducted in strict accordance with the Hong Kong Standards on Auditing (HKSAs), we deliver clean, unqualified independent auditor's reports that build ironclad trust with international banks, lenders, and venture capital investors.
Eliminating "Audit Friction": Disorganized data lengthens audit cycles and drives up costs. Bestar's team provides comprehensive pre-audit preparation—compiling your Trial Balances, validating bank feeds, and organizing ledgers according to Hong Kong Financial Reporting Standards (HKFRS) before the formal audit begins.
Specialized Sector Capabilities: From traditional cross-border trade, logistics, and manufacturing to high-growth, modern compliance landscapes like E-commerce and Hong Kong crypto audits, our CPAs provide nuanced industry expertise.
3. Strategic Tax Advisory & Cloud Accounting
The IRD has significantly modernized its infrastructure, utilizing advanced data analytics and AI-driven tax assessments to flag mismatched accounting ledgers and corporate filings. Bestar bridges the gap between your daily books and your final tax liabilities.
Two-Tier Profits Tax Optimization: We ensure your entity properly claims the lower 8.25% tax rate on your first HK$2 million of assessable profits, and 16.5% thereafter, while advising on legitimate offshore tax exemption structures where applicable.
Xero & QuickBooks Integration: Bestar transitions businesses away from traditional "shoe-box" accounting toward digital, cloud-based setups. Enjoy real-time financial tracking, automated bank reconciliation, and multi-currency visibility.
Profits Tax Return (PTR) Filing: We sync your audited financial statements directly with your annual PTR submissions, leaving zero communication gaps for the IRD to flag.
Why Modern Growing Businesses Choose Bestar Hong Kong
Choosing a corporate service provider requires balancing compliance rigor with agility. Bestar bridges the gap between rigid, high-fee international firms and low-cost digital platforms that often lack the credentials to execute complex legal and audit work.
Feature / Capability | Traditional Providers | Digital-Only Platforms | The Bestar Advantage |
Service Integration | Fragmented; separate secretarial & CPA firms | Administrative only; no in-house statutory audit | Fully Integrated: In-house CoSec, CPA Audit, Tax, and Payroll |
Pricing Transparency | Hidden disbursement and "per-task" fees | Low upfront bait; high add-on costs | Fixed-Fee Clarity: Transparent packages with no billing surprises |
Technology Edge | Paper-heavy, traditional processing | Automated interfaces lacking human advice | Cloud-Ready + Human Experts: Dedicated managers leveraging modern cloud systems |
Regional Scale | Single-city focus | Limited regional legal execution | APAC Footprint: Directly owned offices across Hong Kong, Singapore, and Malaysia |
The Power of an Integrated Compliance Ecosystem: When your Company Secretary, Corporate Accountant, and Statutory Auditor sit in the same room, your operational risk drops to zero. A share transfer handled by your Bestar secretary is instantly updated in your books by your Bestar accountant and accurately verified by your Bestar auditor.
Streamline Your Hong Kong Compliance Today
Whether you are launching a new enterprise, facing an overdue audit backlog, or looking to migrate your corporate portfolio away from an unverified or slow-to-respond provider, Bestar Hong Kong delivers absolute peace of mind.
Contact Details & Consultation
Office Address: Flat D, 20/F, Eton Building, 288 Des Voeux Road Central, Sheung Wan, Hong Kong
Direct Office Telephone: +852 3565 1861
New Sales Enquiries (WhatsApp): +65 8836 4489
Corporate Email: admin@bestar-asia.com
Official Websites: www.bestar-hk.com | www.bestar-asia.com | www.bestar-cn.com
Take the next step in securing your company's good standing:
Comprehensive Pricing breakdown for Bestar Hong Kong's Corporate secretarial, bookkeeping, and statutory audit packages
Bestar Hong Kong structures its professional fees around operational transparency, aligning packages with your transaction volume, corporate complexity, and scaling requirements. Because we manage your accounting, secretarial, and audit functions entirely in-house, we eliminate the traditional multi-vendor markups.
1. Company Secretarial (CoSec) Packages
As a licensed Trust or Company Service Provider (TCSP), Bestar acts as your legally resident corporate officer. Our plans include unlimited updates to core corporate profiles and strict deadline management.
Standard Compliance Plan
Best For: Early-stage startups, dormant entities, holding companies requiring basic local representation, active trading companies, venture-backed startups, or entities undergoing regular structural modifications.
Annual Fee: From HK$2,100 / year
What’s Included:
Provision of an expert local Company Secretaryfice Address in Sheung Wan.
Maintenance and digital hosting of all mandatory registers, including the Significant Controllers Register (SCR).
Preparation and timely filing of your Annual Return (Form NAR1) (Note: Standard government filing fees are included).
Appointment of our firm as your Designated Representative for local law enforcement liaison.
Migration/Switching Special: If you are moving your corporate portfolio away from an unverified or slow provider, Bestar handles the entire transition setup for a low HK$500 flat fee (covering the drafting of exit resolutions and the filing of Form ND2A).
Standard Registered Office Address Plan
Annual Fee: From HK$1,800 / year
What’s Included:
Provision of a physical Registered Office Address in Sheung Wan.
2. Bookkeeping & Cloud Accounting Packages
Bestar is a certified cloud accounting partner (utilizing platforms like Xero and QuickBooks). We tier our bookkeeping rates primarily by monthly transaction volume (line items on bank statements, invoices, and expense claims) to avoid surprising growing businesses.
Plan Category | Transaction Volume | Estimated Pricing | Best For |
Micro-Volume / Entry | Low/Annual batching | From HK$3,500 / financial year | Investment holding vehicles, pre-revenue startups, or dormant setups. |
Active SME (Tier 1) | Up to 30 transactions/mo | From HK$1,000 to HK$2,500 / month | Lean operations, service firms, or consulting agencies with predictable ledgers. |
Scale & E-commerce (Tier 2) | High volume / Multi-currency | From HK$3,500 to HK$5,000+ / month | Businesses with high inventory turnover, multi-platform sales (Amazon/Shopify), or extensive multi-currency accounts. |
What Every Plan Includes: Digital receipt capturing, bank feed reconciliation, monthly or quarterly balance sheets and profit & loss generation, and continuous preparation of your general ledgers to ensure your accounts are completely "audit-ready."
3. Statutory Audit & Tax Liaison Packages
Under Hong Kong law, every private limited company must submit audited financial statements to the Inland Revenue Department (IRD). Bestar combines bookkeeping data with our licensed CPA audit workflow to compress execution timelines.
Integrated Accounting + Audit Liaison: Plans start as low as HK$292 / month when bundled into an ongoing annual support structure.
Standalone SME Audit Engagements: For businesses presenting pre-compiled books looking for independent assurance, our standard statutory audit fees typically range from HK$8,000 to HK$30,000, heavily scaling based on total asset value, transaction complexity, and industry-specific risks (e.g., inventory tracking or crypto-asset validation).
Tax Compliance Package: Included with our comprehensive audit services is the completion and filing of your annual Profits Tax Return (PTR) along with the required tax computation schedules to properly capture your 8.25% two-tier tax relief.
Request a Tailored Fee Proposal
Because factors like multi-currency banking, complex inventory tracking, or regional payroll requirements can modify your final corporate scope, we highly recommend getting a fixed-fee quote tailored precisely to your entity's current data.
Would you like a direct fee quote based on your company's transaction volume?
Can you generate a customized pricing proposal for Bestar Hong Kong covering corporate secretarial duties, cloud bookkeeping for 50 transactions a month, and the annual statutory CPA audit?
Customized Corporate Services Proposal
Prepared For: Your Business Entity
Prepared By: Bestar Hong Kong Compliance Team
Date: June 28, 2026
Service Scope: Integrated Corporate Secretarial, Cloud Bookkeeping, and Statutory CPA Audit
Executive Summary
Managing separate service vendors for your secretarial filings, accounting ledger maintenance, and statutory audits introduces structural gaps that frequently result in communication delays, mismatched figures, and avoidable regulatory penalties.
This proposal outlines Bestar's Integrated Compliance Ecosystem. By having our licensed corporate secretarial team, cloud accountants, and CPA auditors working collaboratively under one roof, your transaction updates are automatically reflected in your books, completely aligned with your tax filings, and ready for audit without extra manual intervention.
Fee Breakdown & Service Scope
1. Corporate Secretarial Services (Licensed TCSP)
Bestar will step in as your legally named Company Secretary and host your entity's compliant statutory presence in Hong Kong.
Annual Package Fee: HK$1,400 / year
What's Included:
Provision of an expert local Company Secretary and a compliant Registered Office Address in Sheung Wan.
Preparation and timely filing of your Annual Return (Form NAR1) (standard government filing fee of HK$105 is fully covered).
Maintenance and digital hosting of the mandatory Significant Controllers Register (SCR) and appointment of Bestar as your local Designated Representative.
Drafting of up to 3 routine board resolutions per year (e.g., changes to corporate bank mandates or residential addresses).
2. Cloud Bookkeeping & Management Accounting
Continuous digital record-keeping configured specifically for your ongoing volume of 50 transactions per month.
Monthly Retainer: HK$1,800 / month (Billed quarterly or annually at HK$21,600 / year)
What's Included:
Setup or takeover of your preferred cloud platform (Xero or QuickBooks Online).
Digital transaction capturing via Receipt Bank / Dext to eliminate paper clutter.
Monthly reconciliation of bank statements, supplier bills, and sales invoices up to your 50-item limit.
Generation of quarterly financial statements, including your Balance Sheet and Profit & Loss statement.
Audit-Ready File Preparation: Continuous compilation of the general ledgers, sub-ledgers, and schedules required by our auditing wing.
3. Statutory CPA Audit & Tax Compliance
An independent examination of your annual financial statements as required under Section 429 of the Hong Kong Companies Ordinance, combined with corporate tax optimization.
Annual Engagement Fee: From HK$9,500 / year (Final pricing subject to review of final trial balances, asset scale, and complexity of trade instruments)
What's Included:
Independent statutory audit conducted in strict compliance with the Hong Kong Standards on Auditing (HKSAs).
Issuance of an Unqualified Independent Auditor’s Report to support corporate banking retention and shareholder transparency.
Preparation and filing of the annual Profits Tax Return (PTR) and required tax computation schedules with the Inland Revenue Department (IRD).
Strategic optimization to ensure correct application of Hong Kong’s 8.25% two-tier tax relief on your eligible assessable profits.
Summary of Total Estimated Annual Investment
Service Component | Frequency | Annual Equivalent (HKD) |
Corporate Secretarial Plan | Annually | HK$1,400 |
Cloud Bookkeeping (50 Trans/mo) | Monthly | HK$21,600 |
Statutory CPA Audit & PTR Filing | Annually | From HK$9,500 |
Total Estimated Annual Cost | HK$32,500 |
Special Onboarding / Migration Promotion: If you are migrating your existing Hong Kong corporate portfolio away from an unverified or non-responsive provider, Bestar will handle the entire document collection, draft the required exit/appointment resolutions, and execute Form ND2A with the Companies Registry for a flat handover fee of HK$500.
Ready to Initiate the Onboarding and Migration Process?
To proceed with drafting the official engagement letters, completing your secure identity verification (KYC), or starting the seamless transfer from your outgoing firm, please get in touch with our team directly:
Corporate Email: admin@bestar-asia.com
Direct Office Line: +852 3565 1861
New Sales Support (WhatsApp): +65 8836 4489
Switch your current Hong Kong company to Bestar
What is the exact process and cost for transferring my existing Hong Kong private limited company's secretarial and accounting mandate to Bestar?
Transferring both your corporate secretarial and accounting mandates over to Bestar Hong Kong is designed to be completely non-disruptive. Because our workflows are tightly integrated, you do not need to coordinate between multiple parties; our team manages the exit transition from your old provider directly.
1. The Step-by-Step Transition Process
The entire handover takes approximately 1 to 2 weeks, with the administrative transition completing in the first few days.
1 Initial Intake & Free Registry Check
Day 1
You provide Bestar with your company name, registration number, and current provider details. Our onboarding team performs a quick, free check via the Companies Registry public database to verify your entity's current filing status and historical updates.
2 Digital KYC Onboarding
Days 1–2
To fulfill local TCSP (Trust or Company Service Provider) anti-money laundering compliance, all directors and ultimate beneficial owners (holding 25% or more shares) complete a brief, secure online identity verification by uploading copies of their passport/HKID and a recent proof of residential address.
3 Bestar Notifies Your Outgoing Provider
Day 3
You do not have to manage an awkward back-and-forth. Bestar drafts a standard Resignation & Handover Letter and transmits it directly to your current provider. This officially requests the release of your electronic and physical statutory records, including the Significant Controllers Register (SCR).
4
Execute Board Resolutions & Change Forms
Days 3–4
Bestar prepares the official board resolutions approving the change of officers, alongside the official statutory filings. You sign these instantly using secure digital signature tools (Best Sign):
Form ND2A: To change the Company Secretary.
Form NR1: To move your physical Registered Office Address to Bestar's Sheung Wan facility (if applicable).
5
Official Companies Registry Lodgement
Within 15 Days
Bestar logs the signed Form ND2A and Form NR1 into the Hong Kong Companies Registry system, updating your public profile to reflect the shift.
6
Accounting & Cloud Integration Ledgers
Week 2
Simultaneously, our accounting wing requests a digital data backup (such as a Xero/QuickBooks invite or Excel general ledgers) from your outgoing accountant. We audit the incoming trial balance to match your past filed tax returns, ensuring your ongoing monthly bookkeeping resumes seamlessly.
2. Comprehensive Cost Breakdown
When switching both profiles over simultaneously, Bestar structures your ongoing fees into a highly transparent, fixed annual profile with an promotional entry rate for the bookkeeping segment.
A. Corporate Secretarial Costs
Annual Maintenance Plan: HK$2,100 / year
Bestar HK
Includes: Serving as your legally named Company Secretary, providing our central Sheung Wan office address, hosting/updating your SCR, managing your corporate compliance calendar, and filing your Annual Return (Form NAR1).
One-Time Mandatory Switch Fee: HK$500 flat
Covers: Handover coordination, drafting outgoing letters, updating internal registers, and filing Form ND2A/Form NR1.
B. Accounting, Bookkeeping & Audit Scaling
For active entities, your accounting rates are determined dynamically by your operational volume (measured by your average monthly business expenses).
Bestar HK
Bestar features three distinct compliance brackets to perfectly match your activity level:
Bestar HK
Monthly Expense Band | Accounting Package | Annual Cost (HKD) | Standard Statutory Audit Cost |
Under HK$15,000 | Accounting Basic | HK$2,975 / year (Promo rate, down from HK$3,500) | HK$5,500 / year |
HK15,000–HK50,000 | Accounting Standard | From HK$5,880 / year | HK$8,250 / year |
HK50,000–HK100,000 | Accounting Standard | From HK$11,760 / year | HK$11,000 / year |
HK100,000–HK200,000 | Accounting Premium | From HK$21,600 / year | HK$15,000 / year |
What the Bookkeeping Fee Covers: High-speed processing via native Xero/QuickBooks integrations, multi-currency bank reconciliations, regular management reports, and complete "audit-ready" adjustments so your annual CPA review runs efficiently with zero extra hidden disbursement fees.
Ready to Initiate the Handover?
To launch the secure digital KYC link or have an onboarding specialist draft the initial resignation template for your current provider, get in touch with our intake specialists:
Corporate Email: admin@bestar-asia.com
Bestar Hong Kong
Direct Office Line: +852 3565 1861
Bestar Hong Kong
Instant Sales Support (WhatsApp): +65 8836 4489
Bestar Hong Kong
Comments