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Nil Return template for nil turnover

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asked by (10.5k points)

2 Answers

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Please remind client that prepare annual financial statements is statutory requirement imposed by Company Ordinance (Cap. 622).

Suggested cover letter sentences:

ABBC International Limited (“Company”)

Profits Tax Return – Y/A 2015/16 (F) & 2016/17 (P)

 

I would like to inform you that I have been appointed as the tax representative of the captioned company.

 

We refer to the above profits tax return dated ## OCT 2016 issued to the company. We, on behalf of the company, would like to inform you that the company had no turnover and therefore no assessable profit during the above year of assessment. In this circumstance, a “NIL” profits tax return is completed and submitted herewith for your attention.

 

Should you have any queries, please do not hesitate to contact me.

 

Yours faithfully

answered by (10.5k points)
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Update in 2019: for no business activity, at cell 4.4, Hong Kong Standard Industrial Classification Code be: 000000.

answered by (10.5k points)
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