Accounting Services in Hong Kong

Why Indah Global’s Accounting Services in Hong Kong

Maintaining proper bookkeeping and accounting records to know your financial position for quick management decision making and financial planning.

All Hong Kong incorporated and registered entities are required to maintain proper records and bookkeeping of accounts under Hong Kong Companies Ordinance. Indah Global Limited is here to help companies to comply to the Hong Kong’s Financial Reporting Standards and to comply with annual statutory audit requirements.

Running an internal or in-house accounting department or team requires a lot of operating costs and resources. For example, incurring cost for accounting software licenses, preparing working space, insurance, training costs, sick leaves, salary and MPF (Mandatory Provident Fund, HK’s compulsory saving scheme for retirement).

Indah Global Limited as an outsourced accounting solution, providing comprehensive accounting services for businesses in Hong Kong, to assist our clients to manage all their accounting issues.

Our Accounting Services in Hong Kong include

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Bookkeeping & Managing Account Ledgers

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Preparing Management Report according to FRS

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Preparing Consolidated & Annual Reports

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Financial Planning & Analysis

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Preparing Bank Reconciliation

Our other accounting services are:

Accounting and Bookkeeping services
Management reporting in accordance to Hong Kong’s Financial Reporting Standards (FRS) and Generally Accepted Accounting Principles (HKGAAP)
Preparation of consolidated accounts and reporting
Regulatory reporting, including financial return to Securities & Future Commission of Hong Kong
Local statutory reporting
Financial planning and analysis, including budgeting and cash flow forecast
Pre IPO management accounts preparation
Investor reporting, including fund accounting and trust accounting
Implementation of accounting system
Reporting, including customised financial management report
Drafting of procedural manual, analysing and documenting internal controls and accounting policies
Payment processing
Provision of cheque signatories for our clients’ bank accounts and liaising with relevant parties when necessary
Tax compliance for corporate and individual, including offshore profit claim
Trade support services, including re-invoicing and letter of credit processing, logistic and documents administration
Private equity and real estate investment services

Why Outsource Accounting Services for your Business in Hong Kong?

Time

A business is free to hire and set up their own in-house accounting team or department, however it takes time to establish a proper team equipped with the experience and knowledge about Hong Kong’s International Reporting Standards and GAAP.

By outsourcing the accounting services, business owners can save ample time from having to understand the necessary accounting requirements and leveraging on our years of experience and knowledge.

In addition, business owner who wants to understand their current financial position, do not have to waste time from having to sort through files and invoices just to prepare their financial statement

Cost

If you decide to establish your own in-house accounting department / team, do note that apart from staff salaries, you will also need to contribute to Hong Kong’s compulsory saving scheme, MPF.

You will also need to prepare a larger office for them to work in and prepare to deal with human resources related matters such as overtime claims, medical coverage/benefits, training costs and etc.

You will also avoid the cost of replacing and re-training previous staff who decides to leave, especially during crucial reporting periods.

Other Corporate Services in Hong Kong