Ko Shun CPA & Company

 
  About us      Our Services      Management      News Update      Contact us

Home > Our Services

Our Services


Accountancy Services

Audit Services

Corporate Secretarial Services

Company Incorporation

Taxation Services

Trademark

Virtual Office

Special Engagements

 

Accountancy Services

We provide high level assurance of accountancy works over different types of industry and have proficiency experience in catering, logistics, trading, retailing, club, electronic business, incorporated owners of buildings, professional association and manufacturing sectors. In order to give our clients a proper understanding on the financial issue, we purvey our professional analysis and advice with supplementary of financial reports.

We offer clients the accountancy services, ranging from recording transactions to preparation of individual and consolidated financial statements, as follows:

Use appropriate accounting software for recording transactions

  • Prepare financial statements on a timely basis
  • Provide breakdown for the purpose of auditing
  • Assist the establishment and improvement of enterprise's accounting system
#top Top

 

Audit Services

Management generally prepares accounts for proper understanding of enterprise's operations. The financial statements also act as an indicator of commercial decision for management by financially comprehension.

Companies incorporated in Hong Kong with limited liability, as stipulated by Companies Ordinances (Chapter 622, Law of Hong Kong), should appoint an external auditor to perform statutory audit. The report is required to be presented to shareholders for approval at Annual General Meeting (AGM). Besides, Inland Revenue Department (IRD) also requests the submission of audited financial statements with profits tax return for the assessment purpose.

Range of Services

  • Statutory Audit

    Our firm delivers quality audits in accordance with the Laws of Hong Kong and Statements of Auditing Standards issued by Hong Kong Institute of Certified Public Accountants (HKICPA). During the course of audit, we carry out studies on the industry characteristics of target enterprise. Other factors will also be taken into consideration for planning of audit, such as mode of business operation, management structure, inherent problem and risk management. We also keep our clients informed during the audit so as to transmit a proper understanding of the financial issues of enterprise.

  • Non-Statutory Audit

    We also offer special audit services suit our client's needs. Examples are:

    • Perform due diligent review during Mergers and Acquisitions or pre-listing
    • Deliver focal report, such as company valuation or operational efficiency assessment
    • Comment on the internal control, external monitoring and inventory system of company
    • Carry detailed investigation on specific areas with appropriate improvement advice
    • Audit on proprietorship and partnership for enhancing reliability of financial statements
    • Other specialized audits as requested, such as fraud and errors
#top Top

 

Corporate Secretarial Services

Every enterprise incorporated in Hong Kong with limited liability is required to appoint director(s) and a company secretary in accordance with Companies Ordinance (Chapter 622, Law of Hong Kong) in order to fulfill the statutory requirement and to maintain the operations of enterprise.

The Company Secretary is an official post, which is responsible for reporting the structure and any changes of key management of enterprise to the Companies Registry. In addition, production of board minutes, convocation of shareholders annual general meeting and provision of professional consultation on relevant laws and regulations are also required.

We offer comprehensive secretarial services so as to avoid the embarrassment and perplexity at the time of confront regulations of our clients. We also take responsibilities on the compliance of our clients over the terms of Companies Ordinance, Memorandum and Articles of Association, Companies (Forms) Regulations, Business Registration Ordinance, Stamp Duty Ordinance and Code of Liquidation, etc. Publication for new and revised ordinances will also be delivered on an irregular basis in order to update clients, as well as avoidance of misunderstanding or unnecessary penalty.

Our service coverage

We offer clients various types of secretarial services, including:

  • Appointment of company
  • Registry of statutory record
  • Drafting minutes of directors and shareholders meeting
  • Submission of statutory return, e.g. annual return
  • Provision of nominee director and nominee shareholder services
  • Handling on application of business registration
  • Preparation of documents on opening bank account
  • Proceeding of change of company name
  • Share transfer between shareholders
  • Liquidation, de-registration application and related issues
#top Top

 

 

Company Incorporation

In order to maximize assets wealth and minimize business risk, a suitable form of entity should be considered meticulously for whom intend to start their business. In Hong Kong, the general forms of enterprise are sole-proprietorship, partnership and limited company with shares.

Most enterprises will select limited company as their business structure in view of various advantages such as tax benefits relief, greater feasibilities and limitation of shareholders' risk.

We offer one-stop formation services (also known as “open new company”) to our clients, both Hong Kong company and offshore company. Starting from company name selection to opening bank account, you can simply give out the instructions and relevant information to us so as to create your entity easily and smoothly.

We register tailor-made company and ready-made company for our clients.


Company Incorporation∕tailor made company

A Hong Kong limited company can be incorporated within 8 business days after completing all the registration process. Generally, we require the information including the proposed name of the new company, shareholders’ information, name of first director, company secretary, registered address, the copy of passport, Hong Kong identity card or other identity document.

Upon receipt of the request, we will prepare the respective documents for your signature within 1 to 2 days. After document signed, we will arrange the filing and the application of the certificate of incorporation on behalf of our customers. Following the incorporation of a Hong Kong limited company, we will submit the application for a business registration certificate for the company. In order to assist our customers to open a bank account in Hong Kong, we will provide you certified true copies of the respective documents which is necessary for the opening of a bank account.

#top Top

 

Taxation Services

Most taxpayers experienced headachy taxation problems. They may be peeved either by dealing with the issue of profits tax of enterprise or self salaries tax. Should the case be improperly handled, taxpayer may suffer loss on both money and time significantly by the problems raised.

Our primary aim is to assist our client to comply with and to minimize our client's tax liability as well under regulatory requirements. We offer professional tax planning and arrangements advice to our clients under particular circumstance. We serve clients by demonstrating our in-depth acquaintance with competent tax analysis in order to formulate and execute those arrangements. Clients can enjoy their tax-relief over rigorous plan, regular review and attentive discussion.

For the purpose of achieving efficient and effective tax-relief, overseas tax plans may sometimes be introduced in particular circumstance.

 

Our role in tax issue

As a tax representative of clients, we provide the services as follows:

  • Assist client on the preparation and submission of tax return
  • Save unnecessary tax expense by implementation of corporate and personal tax plan
  • Reply queries raised by revenue authority on behalf of clients
  • Communicate and negotiate with revenue authority during field audit / tax investigation
  • Deal with the tax affairs for employees' remuneration and individual tax return
  • Deliver professional advice for reducing estate and stamp duty
  • Handle property tax return
  • Preparation of personal assessment
  • Tax litigation and litigation support
#top Top

 

Trademark

A trademark is a sign which is capable of distinguishing the goods or services of different undertakings. A trademark may consist of words (including personal names), indications, designs, letters, characters, numerals, figurative elements, colours, sounds, smells, the shape of goods or their packaging and any combination of such signs. A sign can be registered as a trademark only when it is capable of being represented graphically. Once a trademark is registered, the applicant has the right to exclusively use such trademark in respect of such goods and services.

Information Required for Application of Trademark
Name and address of the applicant
Photocopies of the business license or personal ID card of the applicant
Graphic design of the trademark (in electronic file)
Designated merchandises or services for the trademark.

#top Top

 

Virtual Office

In addition to company secretary services, we provides business centre services, including dedicated company telephone lines, facsimile lines and numbers, registered office, mail address, forwarding of mail and parcel, and handling import/export documentations.

Our business centre services aim to meet the diversified needs and lower the operational costs for our clients. With our assistance in the day-to-day operations and administration, clients are able to focus on core business development.

Our Business Centre services include:

  • Registered office
  • Our Company address can be used as the legal registered office of clients' companies
    We can collect government correspondence on clients' behalf
  • Mail address
  • Our Company address can be used as the business address of clients' companies
  • We can collect the correspondence and packages on clients' behalf
  • Dedicated telephone / facsimile lines
    Independent phone / facsimile number
  • Answering phone calls and receiving faxes in the name of clients' companies
  • Keeping record of incoming calls and jot message for clients
  • Diverting incoming faxes to any appointed email box
  • Printing the dedicated telephone / facsimile numbers on stationery or business card
  • Phone diversion services
  • The clients can divert the telephone calls to any fixed phone or mobile phone in mainland China or any other country, so that the phone calls can be answered from anywhere
#top Top


Special Engagements

  • Solicitors (Professional Indemnity)
    In relation to Rule 8 of the Solicitors (Professional Indemnity) Rules, solicitors are required to submit an accountant’s certificate by 15 August each year to enable the Manager of the Professional Indemnity Scheme to renew their professional indemnity insurance, without which they are unable to renew their practicing certificates.

  • Insurance broker
    According to the “Insurance Company Ordinance” Section 73(1), an insurance broker is required to submit a report by auditors on compliance with the minimum requirements regarding capital and net assets, professional indemnity insurance, keeping of separate client accounts and keeping proper books and accounts.

 

#top Top

 

 

Copyright © Ko Shun CPA & Company. All rights reserved.