Accounting in Hong Kong, in plain language.
What the IRD and the Companies Ordinance actually expect of a small company: deadlines, audits and record-keeping, written the way we explain it to our own clients. No jargon, no scare tactics.
AI accountant vs a human accountant in Hong Kong
What AI accounting software covers for a Hong Kong company, what still needs a practising CPA under the Companies Ordinance, what each costs, and how Suma splits the work.
Read the guide →AI accountingCheap AI accounting in Hong Kong: what you actually pay
What affordable AI accounting costs in Hong Kong: Suma, a bookkeeper plus software, and five tools at their published prices, plus the audit and government fees on top.
Read the guide →AI accountingAI bookkeeping in Hong Kong: what it can and cannot do
What AI bookkeeping tools do well, what they cannot do, and why Hong Kong's 7-year record-keeping duty stays with the business and its directors whatever tool keeps the books.
Read the guide →AI accountingBest AI accounting software in Hong Kong (2026)
Seven AI accounting options grouped by type and listed alphabetically: ledger software with AI features, outsourced accounting and a custom-built app, with what each AI does, published prices and sources.
Read the guide →SoftwareAccounting software in Hong Kong: 14 options
14 options grouped by type and listed alphabetically: accounting software, outsourced accounting, business accounts, practice management and a custom-built app, with published prices and sources.
Read the guide →TaxProfits tax e-filing: who must file electronically
Who must e-file a profits tax return from 2025/26, what the IRD expects in iXBRL, how to register for the Business Tax Portal, and the deadlines.
Read the guide →TaxSole proprietor tax return: BIR60 and profits tax
How a sole proprietor reports business profits in Part 5 of the BIR60, when a BIR52 is used instead, the 7.5% and 15% rates, and the deadlines.
Read the guide →ComplianceAnnual returns and the compliance calendar
The NAR1 and its 42-day anniversary deadline, business registration renewal, AGMs, and how the Companies Registry and IRD clocks fit together.
Read the guide →AuditDoes your Hong Kong company need an audit?
Yes, unless the company is dormant. The Companies Ordinance requires one. Who is exempt, what simplified SME reporting changes, and what your auditor will ask for.
Read the guide →BookkeepingBookkeeping requirements for HK companies
What records the Inland Revenue Ordinance requires you to keep, for how long, and why a shoebox of receipts stops working the year you grow.
Read the guide →PayrollEmployer's Return and payroll obligations
BIR56A and the IR56 forms, what triggers each one, the departing-employee withholding rule, and MPF enrolment and contributions.
Read the guide →Getting startedNew company? The accounting setup checklist
Choosing a year-end deliberately, opening the books on day one, MPF registration, and the deadlines already ticking the day you incorporate.
Read the guide →TaxProfits tax returns: deadlines and what to file
When returns are issued, how the block extension scheme works, the two-tiered rates, and what a first-time company should expect.
Read the guide →Short answers to common Hong Kong business questions
These guides are general information current as of 15 October 2026, not tax, legal or accounting advice. Requirements change. Confirm the current position with the IRD or a licensed practitioner before acting.
Where Suma fits
Suma builds accounting software around how your business works, and our partner CPA firm reviews and files what it produces.
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