Kenneth Chau & Co.

Certified public accountant in Central (show on map)

Kenneth Chau & Co. is a firm of experienced professionals focusing on serving clients in Hong Kong.

About

Kenneth Chau & Co. was founded in 1960 and has built its reputation and professional expertise through a team of Certified Public Accountants and Certified Tax Advisers. Our professional team combines many years of expertise in providing Audit, Taxation and Corporate Secretarial & Advisory services.

Kenneth Chau & Co. is registered as a firm of Certified Public Accountants (Practising) in Hong Kong. HKICPA Firm Registration Number is 007. Our firm’s client portfolio includes multinational and local corporations, as well as a number of private enterprises operating across international markets and well established family businesses. As Hong Kong is an international city and offers easy access to Mainland China and other Asia countries, the local knowledge of Kenneth Chau & Co. and MGI’s international connection make us well-positioned to serve our clients’ local and global needs. Our firm is well established in Hong Kong with good connection with various organizations to extend our services area.

Personal touch

Entrepreneurial understanding

Global network through MGI Worldwide

Services

Incorporation

Incorporation services for setting up a limited liability company in Hong Kong.

Limited liability company setup Compliance with Hong Kong Companies Ordinance

Company Secretarial

Comprehensive company secretarial services including annual return filing, meeting minutes, and share transfers.

Annual return filing Meeting minutes preparation Share transfer assistance

Accounting

Preparation of financial statements and bookkeeping services in accordance with HKFRS.

Bookkeeping Financial statement preparation HKFRS compliance

Audit and Assurance

Audit services ensuring compliance with accounting standards and regulatory requirements.

Independent audit Assurance services Regulatory compliance

Taxation

Tax advisory and compliance services tailored to Hong Kong’s territorial tax system.

Tax planning Filing of profits tax returns Representation in tax appeals

Outsourcing

Outsourced accounting and secretarial services to support business operations.

Full-service accounting Secretarial support Cost-effective solutions

Credentials & Certifications

Certified Public Accountant

Certified Tax Adviser

Fellow of Hong Kong Institute of Certified Public Accountants

Fellow of The Taxation Institute of Hong Kong

Member of The Hong Kong Institute of Directors

Frequently Asked Questions

Why Hong Kong? +

Hong Kong adopts a territorial source principle of taxation, meaning only profits sourced in Hong Kong are taxable. This results in a simple, predictable, and low tax system with no sales tax, VAT, capital gains tax, or estate tax.

What are the categories of taxation and tax rates? +

Hong Kong levies three direct taxes under the Inland Revenue Ordinance: profits tax (capped at 16.5% for 2016/17), salaries tax (maximum 15%), and property tax (15%). There is no sales tax, VAT, capital gains tax, estate tax, or capital duty.

What is a Company Secretary? +

Under the Companies Ordinance, every Hong Kong limited company must have a company secretary, who must be a natural person aged 18 or above residing in Hong Kong, or a corporate entity with a registered office in Hong Kong.

What is a Profits Tax Representative? +

Kenneth Chau & Co. acts as the company’s Profits Tax representative, handling compliance, tax filing, and providing professional advice to solve tax-related problems.

What is tax filing for a Hong Kong company? +

Every Hong Kong limited company receives a Profits Tax Return from the Inland Revenue Department about eighteen months after incorporation. The company must submit audited accounts with the return, regardless of whether business is conducted in Hong Kong or abroad.