Cross-border Tax Optimization
Resolve the crisis of Hong Kong court summons within one month and efficiently complete multiple years of tax declaration
作者:ycadmin   时间:2025-10-16   浏览3 次
⚖️ Resolve the crisis of Hong Kong court summons within one month and efficiently complete multiple years of tax declaration 🏢 1、 Customer background

The client is a cross-border e-commerce enterprise with an annual turnover of approximately HKD 10 million to HKD 20 million. The Hong Kong company registered and opened a bank account in 2021.

11602670.png⚠️ 2、 Source of Crisis

Due to the disappearance of the previous intermediary, the company has never submitted any audit reports or tax returns since its establishment. The Hong Kong Inland Revenue Department immediately initiated enforcement procedures and issued a court summons, requiring the company to appear in court and immediately fulfill its declaration obligations, otherwise it will face fines or even criminal consequences.

🎯 3、 Core Challenge

⏰ Multi year accounting deficiencies require the reconstruction of complete financial records in the short term ⚖️ The court deadline is approaching, and it is necessary to simultaneously complete the appearance and supplementary reporting 💬 Lack of compliance experience within the company, resulting in significant communication and execution pressure

🛠️ 4、 Emergency plan: Parallel legal and tax affairs

We immediately established a special team upon receiving the request for help, and simultaneously promoted legal response and tax remedies

1. Court coordination ⚖️ • Communicate with the court on behalf of the client, submit a remedial plan, explain historical reasons and compliance intentions ✅ • Successfully obtained a grace period to win a window for subsequent supplementary reporting

2. Accounting reconstruction and audit planning 📊 • Quickly organize the accounting team, make up for the accounts since its establishment, and organize bank statements, invoices, and transaction records 🗓️ • Suggest starting with March 31, 2022 as the first year-end closing date:

Align the tax reporting cycle of the Hong Kong Inland Revenue Department to facilitate subsequent annual declarations

Include transactions from establishment to year-end in the first audit report to avoid data fragmentation

3. Urgent audit and tax reporting 🚀 • Coordinate with registered accounting firms to initiate expedited procedures 📝 • Complete multiple annual audits and submit profit tax reports within the court's commitment period, achieving 100% compliance and supplementary reporting

44383112.png🏆 5、 Project achievements

✅ Crisis resolution: The court recognized the client's positive attitude towards rectification, and the case was successfully closed ✅ Compliance Restoration: All annual accounts, audits, and tax reporting must be completed in one go ✅ System reconstruction: Establish standardized financial processes to avoid future risks ✅ Customer peace of mind: From facing fines and court risks to fully restoring normal operations, it only took one month

💬 Customer feedback

When we received the court summons, we almost collapsed. It was your team who helped us get through the most critical moment. Rebuilding our accounts, completing audits and tax reporting in a short period of time really saved us! "- Customer company manager

📞 Conclusion

If your business also encounters difficulties due to tax filing delays, audit deficiencies, or receiving court subpoenas, we can provide you with a one-stop solution for crisis response, tax reporting, and compliance reconstruction, allowing risks to be internalized and resolved in the shortest possible time.

 
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