Professional Accounting & Bookkeeping Services in Hong Kong

Starting a small business often requires understanding many different business fields, such as the day-to-day operations, customer service, management, and even doing the company’s accounts and tax filing.

Many entrepreneurs find this topic overwhelming as they must prepare endless stacks of financial documents. This can further strain the operations for busy founders. This is where Startupr simplifies your life. We work with a wide range of businesses to provide scalable solutions for handling their accounts.

We offer professional bookkeeping and accounting services to companies seeking to outsource their financial administration to experts. With our experience in Hong Kong’s specific tax landscape, we will work to keep your financials in proper order and fully compliant with the latest 2026 regulations.

Startupr Bookkeeping & Accounting Services for Small Businesses in Hong Kong

This article will provide you with an overview of the essential accounting, bookkeeping, and taxation services in Hong Kong for your business entity.

Bookkeeping Services in Hong Kong

A bookkeeper records the transactions of the company, such as the payment of bills, the collection of accounts receivable, payroll, purchases, and sales. Whether you operate a small business or a big enterprise, accurate records are the foundation of your tax strategy. Since these recorded transactions are used to pay the taxes of the company later on, it is always better to hire a professional bookkeeper.

As most business owners know, bookkeeping is a time-consuming process that requires meticulous organizational skills. These statements may also vary from country to country. That’s why it’s advisable to hire a professional firm like Startupr, which has a proven track record in the Hong Kong market.

Transparent Pricing

We offer affordable prices for all types of companies. Our accounts are in accordance with Hong Kong Accounting Standards, and we maintain a high quality when managing your company’s books.

The Pricing Page for our bookkeeping services outlines all of our accounting options.

What do all services include in our Bookkeeping services?

Our comprehensive services include:

• Preparation of financial statements
• Real-time monthly reporting
• Generate monthly reports
• Create Management accounts (Profit and Loss, Balance Sheet, Trial Balance, General Ledger)
• Bank reconciliation
• Integration with top-tier software (QuickBooks and Xero)

Choosing the Right Software: QuickBooks vs. Xero

Once you have the company documents in place, the next issue to address is which accounting software is best for your company.

After all, it’s about managing the records of your business accounts. If the records of the transactions are managed well, it will help you analyze the business performance accurately. Let’s see a brief explanation about the types of bookkeeping software we use:

QuickBooks

The bookkeeping software that we use most for our clients is Quickbooks. Generally, this is a small-business accounting software program used to manage sales and expenses and to track your business’s daily transactions. This software can be used for invoicing customers, paying bills, generating planning and tax-filing reports, and more. In short, whether you are a solo entrepreneur or a mid-sized business, this bookkeeping software can help manage every document efficiently.

The top uses of QuickBooks for small business owners are:

• Manage Sales and Income: With the help of QuickBooks software, you can easily manage the sales and income of your business just by creating invoices to track sales by customers.
• Keep Track of Bills and Expenses: This bookkeeping software can automatically keep track of your bills and expenses by connecting your bank and credit card accounts to QuickBooks. In this way, all of your expenses can be downloaded and appropriately categorized.
• Profit and Loss Report: It can also help run the profit and loss reports in just a couple of minutes. It will show you how profitable you are by summarizing your overall net profit.
• Statement of Cash Flows: In QuickBooks, you can quickly create a statement of cash flows. With this report, you can manage all the activities that affect the operating, investing, and financing cash inflow and outflow for your business.

Xero

Are you a Mac user? Xero is the best small business accounting software for Mac users because it is cloud-based and accessible from any device or computer.

• Worth Spending: Xero is a good value for small businesses because all of its plans include nearly every feature – estimates, accounts payable, and inventory management tools, which are frequently only available in top-tier plans.
• Ease of Use: This bookkeeping software allows business owners to set up their accounts easily. It gives employers the right to perform a wide range of tasks with an online accounting solution, such as connecting your business bank account, adding a customer, and creating your first invoice. If anyone needs additional help with how to link and upload videos, then this software could also let one know about the required steps.
• Time-saving Features: The next feature of this bookkeeping software is that it saves the time of the executives by streamlining different processes. Also, it provides entrepreneurs with the right tools to accomplish financial tasks faster.
• Inventory Tracking and Purchase Ordering: Whenever you create an invoice or quotation, you can see how many of each item you have in stock. And in case you entered more than intended, it alerts you with a red pop-up box. If you need to reorder inventory, you can use the software to create and send purchase orders as well.

What are accounting Services for a Small Business in Hong Kong?

Hong Kong companies are required to prepare financial accounts to record their company transactions in accordance with HKFRS (Hong Kong Financial Reporting Standards). This requires them to follow the rules in Hong Kong for preparing the accounts, and also to record proper documentation and eventual tax filing promptly.

We at Startupr provide accounting services for your company’s transactions. We will assist you in preparing all the required financial controls, financial reports, and performance ratios, all based on the information entered in the bookkeeping system.

With our years of experience in accounting and bookkeeping services in Hong Kong, Startupr will do its best to keep your financial statements in order. We pride ourselves in providing accurate and efficient account services, coupled with our accounting software.

Financial Statements and Reports

Startupr will help manage the financial statements and reports of your business. Generally, we offer the knowledge essential to business owners for the growth of their organization through properly presented and accurately prepared management accounts. To be more specific, we help you with:

• Accurate financial reports of your business at predefined time intervals.
• Support to your external accountants for their performance enhancement
• Professionally controlled figures that are in the correct order
• Relevant recommendations based on information related to actual performance
• Professionally presented reports that build stakeholder confidence

If you are looking for professionals who can help with the business expansion and prepare detailed accounting and bookkeeping services in Hong Kong, Startupr would be your best choice.

Taxation Services in Hong Kong

The accounting and tax collection services are pretty important in every country, so there is no exception in Hong Kong. Every incorporated company in Hong Kong will need to file the Profits Tax Return (PTR) for each respective year when conducting business, which is issued by the Hong Kong Inland Revenue Department (IRD).

The company would also need to manage its company accounts so that they can be submitted to a Certified Public Accountant. After the submission, the accounts will be audited and then filed to the government.

Once the accounts have been prepared and audited, the taxation computation and audit reports will be submitted with the PTR to the Inland Revenue Department. If you are dealing with some taxation problems, Startupr can help you with it. We offer timely responses for your tax matters.

Profits Tax Return (PTR) Filing

All Hong Kong companies are legally obliged to file the PTR to the government. This should be accompanied by the company’s audit report and tax computation, generated by a Hong Kong CPA.

The Inland Revenue Department would issue the very first PTR (Profits tax return) of the company after 18 months of incorporation, and subsequent PTRs every 12 months after, normally in April.

In general, whether your company operates its business within Hong Kong or outside the city, you would still need to file a PTR with your company accounts. Therefore, every incorporated company is liable to submit its accounts accurately and promptly.

Startupr can assist companies in submitting the PTR and audit financial statements provided by an independent CPA firm for your business. If you need to have the annual PTR filing completed for your company, contact us today.

Employer’s Return (ER) Filing

Employers are also required to file their return to the IRD. The purpose behind this form is to report the information related to the employee’s remuneration like salaries, pensions, and wages in the relevant year of assessment to the HK government.

During the year, the IRD will issue the ER form to companies in Hong Kong for filing the income for their employees and directors. The employers would need to present the relevant information on the pensions and remuneration paid to their employees to the IRD within one month from the date of issue.

We provide corporate services for filing Employer’s Returns for Hong Kong companies.

Individual Tax Return (BIR60) Filing

Another form that needs to be filed by every taxpayer is the individual tax return form (BIR60) with the IRD. The individual will usually receive this form if they have taxable income during the period. Otherwise, the individual should inform the IRD about any income subject to tax.

The year of assessment runs from April 1 through March 31 of the following year. By May 1st, the IRD issues the individual tax returns to the taxpayers, which is to be submitted within 1 month. The IRD will then issue a tax demand note for the payment of taxes.

If you are confused about how to file out this form or how to declare your income earned throughout the year, Startupr can help. We offer services for individual tax returns and calculations all the income and deductions you can claim in Hong Kong.

Declaring Income for Tax Purposes for Foreigners

Did you know that working or doing business as a non-resident in Hong Kong may cause tax liabilities for your income? However, not all forms of income are chargeable in Hong Kong. You may also be required to notify the IRD before 1 month of your departure date of Hong Kong, or face penalties for non-compliance.

A common request from our clients is declaring income for tax purposes for their operations in Hong Kong, whether their incomes from business or for salary tax purposes.

We at Startupr can assist you with the necessary tax filings for your income and also tax computation for the taxes due to the IRD.

Additional Accounting Services

If you want any extra support from Startupr, apart from accounting, taxation, and bookkeeping services, we have your back. We offer additional accounting services as per the suggestions and requirements of our clients. These additional services are tailor-made for your company and would be quoted based on your requirements.

In each case, we would spend ample time and make sure the best solution for your company matters.

Our services for this include the following:

• Management account consultation
• Implement tax strategies to enhance tax efficiency
• Consult on the tax effects of international transactions
• Tax compliance services, such as tax computation and tax form preparation
• Advice on offshore status and profits tax exemption to the IRD
• Compose a response for the IRD Tax Query Letter
• Other services

If you require further in-depth services, we can quote you based on the time required to satisfy your needs.

Maximize Your Growth! Let Startupr Handle the Compliance

By now, you may have a better idea about the importance of accounting, bookkeeping, and taxation services in Hong Kong. Having up-to-date accounts can impact the growth and operations of your business. That’s why it’s suggested to hire professional accountants when the company grows and the finances get complex.

Hiring Startupr as your tax advisor and bookkeeper would allow you to organize and submit all the relevant documents to the IRD. We offer comprehensive services from efficient maintenance of the company books, satisfying international tax compliance responsibilities, consultation in effective tax plans to lower taxes, moderate taxation risks, and many more.

We have worked with clients from all over the world, from industries of different sizes and backgrounds. Whether you own a business in the IT sector, consulting, services industries, or any other sector, Startupr can assist you. We strive to complete each engagement efficiently and effectively to suit each of our clients’ needs. Contact Startupr today to organize your Hong Kong company accounts for 2026!

Contact Startupr – Accounting and Bookkeeping

Last update: January 2026