Business Daily Media

The Times

.

SetupHK Launches Free Corporate Tax Diagnosis Service — Limited to 20 Slots — Helping Hong Kong SMEs Navigate Tax Filing Season

HONG KONG SAR - Media OutReach Newswire - 27 March 2026 - Professional accounting services firm SetupHK(朗峰會計) today announced the immediate launch of its "One-Hour Free Corporate Tax Diagnosis" service, designed exclusively for Hong Kong small and medium-sized enterprises (SMEs).

Available to the first 20 applicants only, the service covers account health assessment, tax filing arrangement clarification, and tax risk analysis. Appointments are now open via WhatsApp.

The service launches in alignment with Hong Kong's annual tax filing season, during which the Inland Revenue Department (IRD) begins issuing Profits Tax returns to businesses from April onwards. SetupHK stated that the initiative aims to help SME owners gain a clear picture of their financial records before formally engaging tax filing services, reducing the risk of missed deadlines and unnecessary tax complications.

Service Details

The free corporate tax diagnosis is conducted on a one-to-one basis by SetupHK's professional advisors. Each session runs approximately one hour and covers three key areas:

Account Health Assessment — A review of the completeness and accuracy of the company's existing financial records, identifying potential issues that require attention.

Tax Filing Arrangement Clarification — Based on the company's structure and financial year-end, advisors will outline the required filing steps and timeline.

Tax Risk Analysis — A preliminary identification of tax-related risks, including late submission exposure, discrepancies in financial records, and common filing errors.

Availability is strictly limited to the first 20 applicants on a first-come, first-served basis. To book an appointment: WhatsApp 852-9248-5734.

Background

Under the Hong Kong Inland Revenue Ordinance, limited companies are required to submit an annual Profits Tax return (BIR51) together with audited financial statements prepared by a certified public accountant. Late submission may result in a fine of up to HK$10,000 plus a penalty of three times the tax assessed. Based on SetupHK's experience serving SMEs, a significant number of business owners do not begin preparing their financial records until after receiving their tax return, leaving insufficient time to complete the mandatory audit process before the filing deadline.

Marx Chan, Director of SetupHK, commented: "Many business owners have little visibility into the actual state of their company's accounts. By the time they receive their tax return and realise there are problems, they are already under pressure. The purpose of this free diagnosis is to give owners a clear picture of where they stand — what needs to be done and how much time they have — so they can respond with confidence rather than scramble at the last minute."

Hashtag: #SetupHK

The issuer is solely responsible for the content of this announcement.

About SetupHK

has been providing comprehensive business support services to companies in Hong Kong and overseas since 2014. Its service offering includes company incorporation (Hong Kong and Taiwan), bookkeeping, auditing, tax filing, company secretarial services, bank account opening, and company dissolution. Operating from its office in Mong Kok, the firm serves hundreds of clients annually and is a trusted one-stop business partner for local SMEs, startups, and cross-border business owners.

  • Website: setuphk.com
  • Tel: 852-3845-2888
  • WhatsApp: 852-9248-5734
  • Office: Room 17B, Silvercord Tower, 707-713 Nathan Road, Mong Kok, Hong Kong
  • Facebook: facebook.com/setuphk
For media enquiries, please contact SetupHK's Marketing Department at 852-3845-2888.

News from Asia

Doing Good Index 2026: Asia’s US$753 Billion Philanthropic Potential Remains Unrealized

In the 2026 edition of its flagship policy report the Doing Good Index, the Centre for Asian Philanthropy and Society (CAPS) finds that Asia's capacity to deploy private capital for social good is ...

Global Wellness Forum 2026 Set for June 23 in Kuala Lumpur as Malaysia's Nutraceutical Industry Embarks on Next-Gen Transformation

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 16 June 2026 - Malaysia's wellness market is moving beyond traditional competition over ingredients, dosage, and pricing toward product-format ex...

Geely Preface TCR Secures Historic Triple Victory in Valencia, Showcasing CMA Engineering Excellence

VALENSIA, SPAIN - Media OutReach Newswire - 16 June 2026 - Geely Cyan Racing delivered a landmark result at the second round of the 2026 Kumho FIA TCR World Tour in Valencia, Spain, where Santiago...

Vietnam Airlines Launches Nonstop Hanoi–Amsterdam Service

HANOI, VIETNAM - Media OutReach Newswire - 16 June 2026 - Vietnam Airlines has officially inaugurated its nonstop service between Hanoi and Amsterdam, becoming the first Vietnamese carrier to oper...

foodpanda launches Sheng Siong partnership with S$280,000 in total giveaways

Shoppers can stand to win S$10,000 daily exclusively on foodpanda when ordering from Sheng Siong, while enjoying islandwide delivery within an hourSINGAPORE - Media OutReach Newswire - 16 June 202...

Point One Technology Announces the Launch of Typhoon VSPEC-IV RS Ceiling Fan

SINGAPORE - Media OutReach Newswire - 16 June 2026 - Point One Technology has announced the upcoming launch of Typhoon VSPEC-IV RS, a new ceiling fan model developed with the latest motor technolo...

SIWW2026 Opens with Global Leaders Pledging Action to Secure a Resilient and Sustainable Water Future

700 leaders amongst 25,000 global participants to forge partnerships, drive innovation and advance solutions to pressing water and climate-related challengesSINGAPORE - Media OutReach Newswire - 1...

Eternal Group Concludes Successful Debut of "The Eternal Path to China" at Esxence 2026 in Milan

Empowering global fragrance brands to expand in the China marketHONG KONG SAR - Media OutReach Newswire - 16 June 2026 - Eternal Beauty Holdings Limited ("Eternal Group" or the "Group") (Stock Cod...

West Pharmaceutical Services Strengthens Support for China’s Biologics Ecosystem with Integrated Prefillable Syringe System Launch at CPHI China 2026

The West Synchrony™ Prefillable Syringe (PFS) System offers strategic infrastructure to support Chinese biotech innovators to expand their global footprint in biologics and vaccines.SHANGHAI, CHINA...

Respond.io Raises $62.5M Series B to Scale AI-Powered Customer Conversations Into North America and Europe

$62.5M Series B led by Camber Partners, with existing investors participating. Respond.io is profitable with $35M ARR, 169% year-over-year growth, and a 30% profit margin...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...