Manson CPA

30/03/2026

30/03/2026

🚨【Manson CPA 個案分享】公司註冊處執法效率大幅提升！遲交周年申報表，隨時收到傳票上庭！
我們最近處理一個真實個案：

公司A

成立週年日：2024年3月11日

法定期限：須於 42日內（即2024年12月14日前） 交付周年申報表（NAR1）

董事狀況：完全忘記自己擁有這間公司

📍 事件時間軸：
➡️ 2024年12月30日
收到公司註冊處「未有交付周年申報表通知書」（NCO1），要求28日內簽署確認書、繳付$600罰款、補交NAR1及註冊費

➡️ 2025年2月4日
由於未有回應，收到法庭傳票，要求負責人於 2025年3月6日 親自到西九龍裁判法院答辯

➡️ 結果
董事收到傳票後才「識得驚」，急找 Manson CPA 協助

📌 我們想帶出的3個重點：
1️⃣ 公司註冊處執法效率已大幅提升
過去遲交2-3年才可能收到傳票，現在只是過了限期16天就已發出NCO1，再過一個多月就發出法庭傳票。不要再抱有「無人執法」的幻想。

2️⃣ 中小企負責人不能掉以輕心
即使公司沒有營運，董事和股東仍然是「負責人」。不按時交周年申報表、商業登記費，後果可以非常嚴重。

3️⃣ 公司若已無用途，盡快註銷
不要因為「忘記」或「覺得麻煩」而拖延。與其累積罰款、面對法律風險，不如及早處理。

📜 法例原文話你知（《公司條例》第622章）
🔹 第662條 — 交付周年申報表的責任

第(1)款：私人公司須在申報表日期後的42日內交付周年申報表。

第(2)款：如公司沒有遵從，即屬犯罪。

第(6)款：公司及其每名責任人 —

(a) 一經定罪，可各被處罰款 $50,000；及

(b) 可就該罪行持續期間的每一日，各被處罰款 $1,000。

⚠️ 意味著：每一位董事、公司秘書及經理都可被個人檢控，罰款按日計算，越拖越多！

🔹 第899條 — 處長發出通知的權力

處長可向公司發出書面通知，要求限期履行條件，否則可提出檢控。

這就是NCO1的法源。28日內不處理，直接啟動檢控。

🔹 第744至746條 — 處長將公司剔除註冊的權力

如公司不回應通知，處長可不另行通知將公司除名解散，公司名下所有資產（包括銀行戶口資金）歸於政府所有。

🔹 第749至750條 — 自願註銷公司

公司若已停業超過3個月、無負債、無訴訟、無香港物業，可申請自願註銷。

✅ Manson CPA 提提你：
不要等到收到法庭傳票才「識得驚」。

如果你：

收到NCO1或法庭傳票

不確定公司是否合規

想註銷已無營運的公司

📞 歡迎WhatsApp我們查詢，免費初步諮詢。

我們可以幫你：
✅ 補交周年申報表
✅ 處理NCO1及繳款
✅ 申請公司註銷
✅ 出庭前合規支援

🚨 [Manson CPA Case Study] Companies Registry is now enforcing the law FAST!
Real case we handled:

Company A

Anniversary: 11 March 2024

Deadline: Annual Return (NAR1) due within 42 days (by 14 December 2024)

The director forgot he even owned the company

📍 Timeline:
➡️ 30 December 2024
Received NCO1 notice under Section 899, requiring sign confirmation, pay $600, file NAR1 + fee

➡️ 4 February 2025
No response → received court summons to appear on 6 March 2025

➡️ Result
Director panicked and sought help from Manson CPA

📌 Key Takeaways:
1️⃣ Enforcement is now FAST – NCO1 issued just 16 days after deadline, summons within weeks.

2️⃣ Directors are personally liable – Even inactive companies.

3️⃣ Strike off unused companies – Don't let "I forgot" turn into fines and court.

📜 Companies Ordinance (Cap. 622) – Key Sections
🔹 Section 662 – Duty to deliver annual returns

(1) Deliver within 42 days.

(2) Failure = offence.

(6) Company + every responsible person –

(a) Fine up to $50,000 on conviction

(b) Further fine of $1,000 for each day the offence continues

🔹 Section 899 – Registrar's power to give notice

Registrar can issue NCO1. Failure to act within 28 days = prosecution.

🔹 Sections 744-746 – Power to strike off

If no response, Registrar can strike off company without further notice. Assets become government property.

🔹 Sections 749-750 – Voluntary deregistration

For companies that have ceased business >3 months, no liabilities, no HK property.

✅ Manson CPA says:
Don't wait until you receive a court summons.

If you:

Received NCO1 or a court summons

Are unsure about compliance

Want to strike off an inactive company

📞 WhatsApp us for a free initial consultation.

We can help you with:
✅ Late filing of annual return
✅ NCO1 response and payment
✅ Company deregistration application
✅ Pre-court compliance support

#會計師事務所 #公司註冊處 #周年申報表 #公司條例第622章 #遲交周年申報表 #法庭傳票 #西九龍裁判法院 #中小企 #公司董事責任 #公司秘書 #公司合規 #準時交表 #公司註銷 #剔除註冊 #香港法例 #罰款日日計 #唔好等收到傳票先識驚 #免費初步諮詢

04/02/2026

📊 The $2 Million Tax Break Most Hong Kong Businesses Are Missing

Did you know that Hong Kong's two-tiered profits tax system can save your business up to 41.25% on the first HK$2 million of assessable profits? Yet many businesses aren't optimizing their tax position correctly.

🎯 At Manson CPA, our certified professionals reveal the key strategies:

✅ Leverage the preferential 8.25% rate (vs 16.5%) on first HK$2M
✅ Navigate offshore profits exemption claims effectively
✅ Optimize business structure for maximum tax efficiency
✅ Maintain compliance while minimizing tax burden

📈 Recent Case Study:
A fintech startup approached us mid-year with concerns about their tax exposure. Through strategic restructuring and proper offshore profit documentation, we helped them save over HK$165,000 in their first year alone.

⚠️ Common Pitfall Alert:
Many businesses incorrectly assume all offshore profits are automatically tax-exempt. The IRD requires comprehensive documentation proving where profit-generating activities occur.

🔍 Ready to optimize your tax position? Contact our team for a strategic tax review session.

📱 WhatsApp: +852 5116 4889
🌐 Website: https://mansoncpa.com/

17/08/2025

Are you a foreign investor considering a Hong Kong company? Explore how you can achieve a legitimate 0% profits tax with our latest guide! Find out more here: https://wix.to/hWSXBxD

Are you a foreign investor or business owner with a Hong Kong company? Are you looking for a legitimate way to achieve a 0% profits tax rate? The answer lies in Hong Kong's offshore profits tax exemption, a powerful feature of its territorial tax system.At Manson CPA, we are a leading Hong Kong CPA....

16/08/2025

Are you a foreign entrepreneur looking to thrive in Hong Kong?🌏 Check out my latest blog post where I share insights on navigating the tax system and uncover opportunities! Dive into the details here: https://wix.to/g5bVgYb

Navigating a country's tax system can be overwhelming, especially for foreign entrepreneurs aiming to set up or expand their businesses. As a CPA firm deeply rooted in Hong Kong, we have a wealth of knowledge about the local tax landscape. In this post, I'll share my personal journey through Hong Ko...

15/08/2025

Are you planning to register a company in Hong Kong? Don't let common mistakes hold you back! Discover the top 5 pitfalls foreign entrepreneurs face and how you can avoid them. Read more here: https://wix.to/v677Tpz

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12/08/2025

📢 SME-FRS Section 19 Explained: Consolidated Financial Statements Made Simple! 📚📊

Hey business owners and finance pros! 🎯 Confused about consolidated financial statements under Hong Kong SME-FRS? Don’t worry—we’ve got you covered with clear rules, real examples, and fun visuals!

*(All rules are based on SME-FRS Section 19—so you know it’s legit! ✅)*

🔍 19.1: When MUST You Prepare Consolidated Financial Statements?
📜 Rule: If your company controls other businesses (subsidiaries), you must combine their financials into one big report (consolidated FS).

BUT WAIT! SME-FRS gives 3 exemptions—let’s break them down!

🚫 Exemption 1: Wholly-Owned Subsidiary (19.1(a))
📜 Rule: No consolidation needed if your parent company is 100% owned by another entity.

🎨 Visual Idea:
📌 A big company (🏢) holding a tiny company (🧩) with a tag: “My parent will report for me!”

Example:

Company Z owns 100% of Company A, which owns 100% of Company B.

Company A is exempt—Company Z will consolidate instead!

🚫 Exemption 2: Partially-Owned Subsidiary (19.1(b))
📜 Rule: If your company is partially owned, you can skip consolidation if:
✅ Option 1: Directors notify shareholders 6 months before year-end (19.1(b)(i)), AND no one objects within 3 months before year-end.
✅ Option 2: All shareholders agree in writing before year-end (19.1(b)(ii)).

🎨 Visual Idea:
📌 A group of shareholders (👨👩👧👦) signing a document with a ✅ stamp.

Example:

Company P (60% owned) notifies shareholders on June 1 about skipping consolidation.

By September 30, no objections → Exemption applies!

🚫 Exemption 3: All Subsidiaries Can Be Excluded (19.1(c))
📜 Rule: If every subsidiary is too small or too costly to include, no consolidation needed!

🎨 Visual Idea:
📌 A magnifying glass (🔍) looking at a tiny company (🐜) with a “Not Material” label.

Example:

Company R has two subsidiaries—one dormant (💤) and one too expensive to audit (💰).

Both qualify for exclusion → No consolidation required!

❌ 19.2: When Can You EXCLUDE a Subsidiary?
Even if consolidation is needed, some subsidiaries can be left out if:
1️⃣ Too small to matter (immaterial – 19.2(a)).
2️⃣ Too expensive/difficult to include (disproportionate effort – 19.2(b)).

🎨 Visual Idea:
📌 A frustrated accountant (😤) drowning in paperwork, with a red “X” over a distant subsidiary (🌍).

💡 Key Takeaways
✅ Consolidate if you control subsidiaries (unless exempt).
✅ Check exemptions—they can save you time & money!
✅ Exclude subsidiaries if they’re tiny or too costly.

Need help with your financial statements? 📞 Contact us today! Our CPA experts make compliance easy and stress-free.

👍 Like | 💬 Comment | 🔄 Share
Help fellow business owners simplify their financial reporting! Tag someone who needs this!

08/08/2025

Opening a company bank account is a crucial step for any startup or small business. It not only helps in managing finances effectively but also promotes professionalism when dealing with clients. Learn more about the benefits and steps to open one here: https://wix.to/QnLvfZH

Guide to Company Bank Account OpeningOpening a company bank account is a crucial step for any business. It not only helps in managing finances but also enhances the credibility of your business. In this guide, we will explore the essential steps and considerations for a successful company bank accou...

07/08/2025

🌟 Tackling Fraud Risks in One-Person Companies 🌟

Hey everyone! 👋

Let’s talk about a common yet tricky challenge: fraud risks in one-person companies where the sole director and member are the same person. Without segregation of duties, the risk of manipulation is understandably higher. 😬

But don’t worry! Here are some practical tips and audit procedures to bring those risks down to an acceptable level:

✅ Understand the IT environment: Encourage the use of accounting software with built-in audit trails.
✅ Focus on transparency: Bank reconciliations and expense reviews are key!
✅ Third-party confirmations: Verify transactions with suppliers, banks, or even customers.
✅ Analyze trends: Look out for irregularities in revenues, expenses, or journal entries.
✅ Recommend periodic reviews: Suggest external bookkeepers or accountants for oversight.

This isn’t about mistrust—it’s about ensuring transparency and credibility, which ultimately benefits the business! 💼✨

What strategies or tools have you found helpful when dealing with one-person companies? Let’s share ideas and learn from each other! Drop your thoughts in the comments below. 👇

05/08/2025

Are you ready to dive into the accounting world? Check out the essential steps for building a thriving practice! Learn more at https://wix.to/IHS4tBB

Starting an accounting practice can be both an exciting and challenging endeavor. With the right strategies in place, you can build a successful and thriving accounting firm that meets the needs of your clients and remains competitive in the industry. In this blog post, we will explore essential ste...

03/08/2025

Unlock the power of annual reports! Learn to extract economic trends and boardroom strategies from Hong Kong company reports. Read more at https://wix.to/EpCBBqI

Annual reports are goldmines of information for investors, analysts, and finance professionals—if you know where to look. In this series, we’ll focus on how to decode annual reports from Hong Kong companies, revealing: • Economic trends over the medium term (3–5 years). • Boardroom strateg...