In Hong Kong, an audit of your accounts is mandatory.

Nevertheless, you can do the accounting work internally or abroad, then have your accounts audited. By doing so, you might think you will save time and money. But it is very possible you might be wrong.

Indeed, in fact, if an accountant and an auditor do not work together, the auditor’s work will be lengthy and complicated. He/she will charge more for the same work as he/she is not familiar with your case and business.

The audit is a long process that will require over a month since the bank confirmation usually take around a month in order to reach the auditor’s mailbox.

Our advice: prepare your documentation in advance, send it as soon as possible to accountants in order to get the best price possible and have the time to work peacefully with the one you selected.