The annual review is a mandatory qualification review that offshore companies must undergo every year in accordance with local laws. Only companies that pass the annual review will be recognized by the local government.
Conducting the annual review on time can enhance the company's credibility with the local government, laying the foundation for its legal existence.
Companies that fail to undergo the annual review will incur fines based on the delay period. Conducting the annual review on time can help avoid such financial losses.
Tax filing is based on the actual business operations of the company. Non-operating companies can file zero tax returns.
Notify clients one month in advance and prepare relevant documents.
Review conducted within 3 to 5 working days from the company's registration date.
Completion of the process, documents can be collected.