How do I file an annual return in Hong Kong?
Filing the annual report is an important step in ensuring a company’s compliance. The following is the basic process for filing the annual report:
1) Determine the submission deadline
Private companies: Must be filed within 42 days after the company’s anniversary date.
Public Companies: Must be filed within 42 days after the end of each calendar year.
2) Prepare the required documents
Annual Return (Form NAR1): This is the primary document to be filed and should include the company’s basic information, as well as the most up-to-date details regarding directors and shareholders.
3) Fill out the form
Ensure that all information is accurate, including the company name, registration number, company type, and details of the directors and secretary.
Update any changes to the company’s information, such as changes to the capital structure, directors, or secretary.
4) Pay the filing fee
There is a fee for filing the annual return, and the amount varies depending on the type of company and the method of filing (electronic or paper).
Electronic submissions are usually less expensive than paper submissions.
5) Submit the form
Electronic Filing: Applications can be submitted online through the Hong Kong Companies Registry’s “CR eFiling” system.
Paper Submission: If you choose to submit your application in paper form, you must mail or deliver the completed form and check (if applicable) to the Companies Registry in person.
6) Confirm Submission
After submission, you should receive a confirmation notice from the Companies Registry, which is typically sent by mail or electronically.
Important Notes
Be sure to submit your work by the deadline to avoid a fine.
If the information is incorrect or incomplete, the filing may be returned, which could delay the compliance process.