Audit Arrangement
Audit-Ready, Year-Round.
Every Hong Kong limited company must be audited annually by a Certified Public Accountant before filing its Profits Tax Return. MONDAY coordinates the audit end-to-end — selecting the right CPA, preparing the ledger, and managing the auditor’s queries so a routine engagement stays routine
Takes about 2 minutes | No credit card required
Why Audit Matters
An IRD-compliant statutory audit is the basis for filing your Profits Tax Return, claiming deductions, applying for the two-tier 8.25% concessionary rate, and supporting future fundraising, M&A, and bank credit applications.
When You Need It
The first PTR is typically issued 18 months after incorporation. From the second year onward, audit cycles align to your financial year-end — most commonly 31 December or 31 March — with the signed audit report due within IRD's PTR window.
What We Coordinate.
We don’t audit your books — that’s the CPA’s role, and statutory independence requires it. We do everything else around the audit so the CPA can do their job efficiently.
Auditor Selection
Introduction to vetted CPA firms matched to your size, industry, and budget — from boutique Practising Units to Big Four.
Ledger Preparation
Trial balance, schedules, and supporting documentation prepared in the auditor's preferred working-paper format.
Query Management
We field the auditor's questions on your behalf — bank confirmations, related-party transactions, revenue recognition.
Tax Filing
Once the audit report is signed, we coordinate the Profits Tax Return computation and lodge it with the IRD on your behalf.
Audit Process
Planning
Year-end review meeting to scope transaction volume, revenue streams, related parties, and risk areas before fieldwork begins.
Fieldwork
Auditor performs sampling, vouches transactions to source documents, confirms balances with banks and counterparties.
Report Review
Draft financial statements and management letter reviewed with directors before signature on the auditor's opinion.
PTR Filing
Audited accounts and tax computation lodged with the IRD inside the Profits Tax Return submission deadline.
Active companies with any revenue or transactions
Dormant companies issuing first PTR after waking
Group entities consolidating into a parent audit
Even quiet years need a clean audit.
Dormant Hong Kong companies are exempt from audit only if a dormancy resolution is properly filed under section 5 of the Companies Ordinance. Without that resolution, even a year with zero revenue still requires a signed audit report — and the IRD will eventually ask for one.
We screen your status before the audit clock starts so you don’t pay for fieldwork you never had to commission.
Audit Coordination Pack
Audit fees are billed directly by the CPA firm. Our coordination fee is fixed annually and covers everything required to get from year-end to a filed return.
- CPA Firm Introduction
- Auditor Liaison
- Profits Tax Computation
- Working-Paper Pack
- Director Briefing
- IRD Lodgement
Stay audit-ready before year-end.
The cheapest audit is the one prepared three months early. Tell us about your company in a 2-minute form and we’ll match you with the right CPA before fieldwork begins.
Prefer to talk first? Schedule a call instead.