What should I do if a registered Hong Kong company does not have an annual audit?

Annual review is a maintenance required for Hong Kong companies after 12 months  of registration, once a year, every year.

If the declaration is overdue, a fine will be imposed! If not dealt with in  a timely manner, it will receive a court summons, and the board of directors  will face monitoring risks. Serious companies will be blacklisted and forcibly  expelled!

If the annual review is not conducted for a long time, the bank account will  face freezing, which will reduce the success rate of opening a bank account  again for future Hong Kong business or overseas travel.

It's not an exaggeration! Bosses still need to take it seriously!

How to operate without annual review in those years?

My suggestion is to cancel it! You can come to us to check the company's situation,  whether it has been expelled or dissolved. If the above situation does not  occur, the next step is to calculate the expenses, make up for the fines over  the years, and then apply for cancellation!

Accounting audits and annual reviews are necessary tasks for companies to  ensure their normal operation! Annual review is conducted once a year on the  anniversary of the company's establishment; The first audit of the company  will be conducted in the 18th month of its establishment, and will be conducted  annually thereafter.