Where to Look for the Best Accounting Firm in Hong Kong

Posted by Vincent Tai on May 10th, 2016

Hiring the right accounting firm is crucial to the success of your business in Hong Kong. A professional bookkeeping service will help you save costs and ensure compliance with all accounting standards. Moreover, the expertise of a professional accountant can help you improve profitability and business management. A basic accounting firm can deal with your company's finance, commercial, corporate, and tax issues, but you need to look beyond that and find a firm that also understands your unique tax and business requirements. Here are tips that can help you look for the best accounting firm for your business in Hong Kong:

• Look them up online. When Googling accounting firms in Hong Kong, you will likely see hundreds of listings. Make sure that the service provider is locally based and that it is an established business. Find out what services that they offer and verify their experience in offering accounting and bookkeeping services locally. More importantly, make sure that they are a certified company and that they have certified public accountants working for them. The greater your accounting and bookkeeping needs are, the more you will find the services of a certified firm more valuable for your time and money.

• Find out what industries they serve – When verifying an accounting firm's experience, be sure to check what types of businesses and industries they have served or are currently serving in Hong Kong. Were they able to contribute to transforming those businesses into dominant names in their respective industries? Consider getting in touch with those companies to verify the quality of service and the experience they had with the accounting firm.

• Find out exactly accounting services they provide – A comprehensive accounting firm can cater to various requirements like bookkeeping, cost control, inventory management, and compilation of financial statements. They can help you establish an accounting policy and an internal accounting checking system, too.

• Ask for a quote – Accounting fees tend to vary from one firm to another, so be sure to get an estimate of their services to find out how much it would cost you. Compare at least two companies. Consider an accounting firm that can tailor its services to the unique requirements of your business to make sure that you are getting more value for your money.

About the Author:-

Capital World Account Services Limited, is the top leading accounting firm in Hong Kong. With years of experience, they assist companies who are looking forward to set up or expand their business in Hong Kong. They strive to provide services like company formation, offshore company formation, Hong Kong company accounting & audit services, bank account opening services, Hong Kong company secretary services, trademark registration services, virtual office and apostille stamp services. They work with a vision to deliver convenient and efficient services at low cost to meet the different needs of the businesses and provide custom made service to suit every client’s needs.