Yes, if the tax return sent by the Hong Kong Inland Revenue Department has not been received by the tax return period, then the company should take the initiative to apply to the Hong Kong Inland Revenue Department for the tax return of that year and file the tax return within the specified time. After the establishment of the company, the first tax return was received in1August, and the tax return should be submitted within 3 months. If it is not the first time, it is within 12 months (the specific time depends on the year-end date selected after the first tax return), and the tax return needs to be made within 1 month.

If the company fails to submit the tax return within the specified time, it will be severely punished, as follows:

1. Failing to submit the tax return within the specified time for the first time, and failing to do so within the specified time limit, a fine of HK$ 65,438+0,200 will be imposed. If the fine is not handled within 65,438+0.4 days, the fine will increase to HK$ 3,000 and will be prosecuted by the Inland Revenue Department.

2. The second overdue, a fine of HK$ 3,000. If it is not handled within 65,438+04 days, it will be increased to HK$ 8,000 and will be prosecuted.

If you ignore the fine and fail to file tax returns, your bank account will be frozen and forced to deduct money. At the same time, the directors and shareholders will be drawn into the list of untrustworthy people in Hong Kong. At that time, in addition to the operation of the company, the lives of directors and shareholders will also be greatly affected, such as access.