Hello,
I had created a company in HK 19 months back. It does not have any business activities (so no expenses, sales, profits, losses etc - not even one single business transaction) but it hasn'nt been declared dormant either (as per the official Dormant declaration process by Hong Kong Authorities).
So I understand that I should have obtained a PRT form after 18 months, that I could fill as 0 and submit it back. But I havent received such a form yet. When I called the IRD, they said sometimes they dont issue it if they think it is not needed.
Soo what should I do about the following
1) SHould I insist that they issue it to me and fill it as 0
2) Do i get an audit done in any case, because they may ask at the end of next year about the audit for this year? Or is audit not needed at all. I just wat to retain the flexibility toeither use this company again if I need to or put it as dormant or shut it down without having much hassles in the future about the already elapsed year of the past.
Thanks