When a person is starting their new company they can actually appoint an auditor for their company. But appointing an auditor is based on many factors such as if the transactions is more and the amount involved is also more. Not in all the countries appointing an auditor is a compulsory thing. But when the Hong Kong based companies are considered it is mandatory that the person while starting the company should appoint an auditor to take care of their accounts and the transactions. The auditor is appointed in order to take care of both the income and expenses. They also have to make the annual audit and pay the tax on the specified date. It should not cross the date which is given by the government as the last date.
The tax amount will be normally paid for the profit which the get from their business. The payment of profit tax is very important. When they are filing the tax they must also take care of many criteria which is mandatory. There are also annual return services hong kong which helps in filing the tax and getting the annual returns. Before appointing the auditor the person who is starting the company must make sure that whether the auditor will know all the rules and regulations of the Government to file the tax. They must also know who to proceed further that is nothing but they must have the knowledge of the procedure. Only then there will not be any issues in filing the tax.