Keep your Hong Kong company's books audit-ready — every month.

Accurate month-by-month bookkeeping is what makes your year-end audit fast instead of painful. Legalkarobar.com records transactions, reconciles bank accounts, and maintains your general ledger every month, so nothing needs to be reconstructed later.

• Monthly transaction recording and categorization
• Bank account reconciliation
• General ledger maintenance
• Records kept audit-ready throughout the year

Hong Kong's mandatory annual audit requires financial statements prepared to Hong Kong Financial Reporting Standards (HKFRS or HKFRS for Private Entities) — a different framework from what many founders are used to. Legalkarobar.com prepares statements in the format your auditor needs, the first time.

• Balance sheet, P&L, and cash flow statement preparation
• HKFRS / HKFRS for Private Entities compliance
• Notes to the accounts prepared alongside
• Handed to your auditor ready for review, not rework

Unlike some jurisdictions, Hong Kong has no small-company audit exemption — nearly every Hong Kong company must have its accounts audited annually by a Hong Kong Certified Public Accountant (Practising). Legalkarobar.com coordinates the full process with a licensed CPA on your behalf.

• Licensed CPA (Practising) engagement coordination
• Audit-ready financial statements and supporting schedules
• Query response support during the audit
• Signed audit report delivered for your records and IRD filing

Your audited financial statements are the starting point, not the finished product, for your profits tax return — adjustments for non-deductible expenses, capital allowances, and offshore profits claims all happen in the tax computation. Legalkarobar.com prepares this schedule to support accurate filing with the Inland Revenue Department.

• Tax computation schedule prepared from audited accounts
• Capital allowance and non-deductible expense adjustments
• Offshore profits exemption claim support, where applicable
• Coordinated with your profits tax filing timeline

Employers in Hong Kong must enroll eligible employees in a Mandatory Provident Fund (MPF) scheme and make regular contributions, alongside running payroll accurately each month. Legalkarobar.com manages both so your team gets paid correctly and your MPF obligations stay current.

• Monthly payroll processing and payslip generation
• MPF scheme enrollment for eligible employees
• Employer and employee MPF contribution calculation
• IR56 employer's return support at year-end

Waiting for the annual audit to understand how the business is actually performing is too slow for day-to-day decisions. Legalkarobar.com provides monthly management reports and cash flow visibility, so you know where the business stands well before year-end.

• Monthly management accounts
• Cash flow tracking and forecasting
• Key metrics summarized for founder-level decisions
• Available on request for board or investor reporting