Hong Kong (HK)

Jurisdiction Overview

IDQuestionAnswer
189 *Are annual accounts submitted to a public authority? No, annual accounts are not always required to be submitted to a public authority.
 Data Date: 2018

Notes

 
"Although there is no requirement to file accounts with the Registrar, there is a requirement to file accounts with the Hong Kong Inland Revenue Department." (Ocra.com). "However, it is noted that the 1.4 million private companies are not covered by the requirements under the CO [Companies Ordinance] to submit their financial statements along with the annual returns." (GF 2019: 70; [TJN's note]).
 
According to Ocra: "Although there is no requirement to file accounts with the Registrar, there is a requirement to file accounts with the Hong Kong Inland Revenue Department." (Ocra.com). However, the Global Forum added recently that: " 1.4 million private companies are not covered by the requirements under the CO [ Companies Ordinance] to submit their financial statements along with the annual returns." (GF 2019: 70; [TJN's -note]).

Sources

GF 2019: 70; GF 2011: 50-51
 
http://www.cr.gov.hk/en/companies_ordinance/docs/briefingnotes_part09-e.pdf
 
https://web.archive.org/web/20170206172232/http://documents.ocra.com/jurisdiction/south%20east%20asia%20and%20pacific%20islands/Hong_Kong_Information.pdf