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Crazy Accountancy Rule

4 years ago
Dear all, last month I was informed that there is a new accountancy rule for Hong Kong based offshore companies. According to this rule, the previously simple bookkeeping is not valid anymore and now a more detailed bookkeeping is requested. The crazy thing is, that this rule applies BACKDATED to the year of establishment of the company which could be a decade or more. The latter results in horrendous accountancy costs, of course. Anybody here facing the same situation? How to avoid or at least reduce these crazy accountancy costs?

GeoBlue
GeoBlue
Cigna Global Health
Cigna Global Health

Award winning International Health Insurance for Individuals and families living abroad
Get Quote

Cigna Global HealthCigna Global Health

Award winning International Health Insurance for Individuals and families living abroad
Get Quote

GeoBlue
GeoBlue

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