Accounting, Audit & Tax Services for Hong Kong SMEs | TaxLabHK

TaxLabHK provides tax services in Hong Kong for sole proprietors, partnerships, SMEs, startups, online sellers and individuals, offering a one-stop service that covers sole proprietorship tax filing, bookkeeping, audit arrangement, profits tax filing and personal tax returns. As a private firm offering accounting and audit services in Hong Kong, we work with independent practising CPAs to keep your accounts in order all year round. We also support Hong Kong companies whose owners are overseas—remote document handover for bookkeeping, audit arrangement and tax filing.

Who We Help

• Individuals: salaried employees, freelancers and property owners who want their tax return filed correctly with every allowance claimed.

• SMEs: limited companies that need reliable annual accounts and tax filing.

• Startups: founders who want their bookkeeping set up properly from the first year.

• Online sellers: Instagram and Shopify sellers with many small transactions across several payment channels.

• Sole proprietors and partnerships: businesses that don't need an audit but must still keep proper records and file profits tax correctly.

Our Services

• Sole proprietorship and partnership tax filing

Our most requested service. We organise your business records, prepare the profits tax computation and complete the business section of your tax return, claiming every deductible expense allowed and checking whether personal assessment could lower your overall tax.

• Personal tax returns

We complete your Individual Tax Return (BIR60) for salaries tax, property tax and personal assessment, and check that you claim the deductions and allowances available to you, such as MPF contributions, home loan interest, rent, and dependent parents or children.

• Bookkeeping

Monthly or annual bookkeeping that keeps your income, expenses and bank records organised.

• Catch-up bookkeeping

If your records have fallen behind, or receipts are incomplete, we can help rebuild the accounts in a clear and compliant way.

• Audit arrangement with an independent practising CPA

Every Hong Kong limited company must have its annual financial statements audited by a practising CPA. We prepare your accounts and coordinate with an independent practising CPA, who carries out the audit and signs the report.

• Profits tax filing

We prepare your profits tax return and tax computation for limited companies, sole proprietorships and partnerships.

• Tax planning within the law

We review deductible expenses, the two-tiered profits tax rates and other options under Hong Kong tax law, so you pay what you owe and no more.

• Year-round advisory

Each client has a dedicated file and a consistent point of contact. You can ask questions during the year, not only at filing time.

How It Works

1. Tell us about your business: send a short message with your business type, year-end date and approximate transaction volume.

2. Receive a clear scope: we take time to understand your situation before planning your tax, with transparent fees agreed upfront. We explain what's included, which documents are needed and the expected timeline before any work starts.

3. Share your records: upload bank statements, invoices and receipts digitally, and we follow up on any gaps.

4. Review and file: you review the accounts and tax computation, the audit is completed where required, and the return is filed.

Why TaxLabHK

• Based in Hong Kong: a local tax accountant team in Hong Kong that understands how SMEs here operate.

• One-stop service: personal tax, bookkeeping, audit arrangement and profits tax handled by one team.

• Transparent fees agreed upfront: you know the cost before any work starts, with no hidden charges.

• Clear communication: plain explanations in English or Chinese, with no unnecessary jargon.

• Dedicated follow-up: one team keeps track of your file and deadlines, so nothing slips through.

Frequently Asked Questions

Can you help with my personal tax return?

Yes, personal tax returns are one of our most requested services. We review your income and check which deductions and allowances apply, and whether personal assessment could lower your overall tax.

Do I need an audit if my company is small or has had no turnover?

Hong Kong limited companies generally need an annual audit regardless of size or turnover. If your situation is unusual, we're happy to discuss it with you first.

I run a sole proprietorship. Do I still need an accountant?

A sole proprietorship doesn't need an audit, but you still have to keep business records for at least seven years and report your profits accurately.

My records are incomplete. Can you still help?

Yes. Catch-up bookkeeping is one of our core services. We use bank statements, electronic receipts and other records to rebuild the accounts.

Have a Question About Your Accounts?

You don't need to have everything ready before getting in touch. If you'd like to know what your yearly accounting, audit or tax filing would involve, send us a short WhatsApp message with your business type and year-end date, or simply tell us about your personal tax return. We'll explain the next steps, and you can take your time to decide.

Remote year-end accounts

•  Audit arrangement and profits tax filing for Hong Kong companies whose owners live abroad. WhatsApp us to start.