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The Annual Return (NAR1), explained

When it is due, what it costs, what it contains and what happens if it is late.

By DBMS GlobalLast reviewed: 18 October 2026

The answer first

Every Hong Kong company must deliver an Annual Return (Form NAR1) to the Companies Registry each year. For a private company limited by shares, the return is due within 42 days after the anniversary of the date of incorporation, and the government fee is HK$105 if it is delivered on time.

The fee rises in steps to HK$3,480 the later the return is filed. Failure to file is an offence: the company and its responsible officers can be fined up to HK$50,000 plus HK$1,000 for every day the default continues.

At a glance (private company limited by shares)

Form
NAR1
Return date
The anniversary of the date of incorporation
Deadline
Within 42 days after the return date
On-time government fee
HK$105 (annual, recurring)
Financial statements attached?
No, for a private company
Filed with
Companies Registry
Maximum fine for failing to file
HK$50,000 plus HK$1,000 per day

The fee ladder

The registration fee depends on when the return is delivered, counted from the company's return date.

When the Annual Return is deliveredGovernment fee (HK$)
Within 42 days after the return date105
More than 42 days after, but within 3 months870
More than 3 months after, but within 6 months1,740
More than 6 months after, but within 9 months2,610
More than 9 months after3,480
Key takeawayFiling one day after the 42-day window costs more than eight times the on-time fee. The late fee is payable even if the Registry does not prosecute.

What the Annual Return contains

  • Company name, business name (if any) and type of company.
  • Registered office address and email address (if any).
  • Share capital: classes, number and amount of issued shares and amount paid up.
  • Particulars of members and their shareholdings, including transfers during the year.
  • Particulars of the company secretary and every director (including any reserve director).
  • Address where certain registers are kept, if not at the registered office.
  • The total amount of indebtedness under registered mortgages and charges.

The return must be consistent with the company's own registers and with notices already filed. A change that should have been notified separately during the year, for example a new director on Form ND2A, must be filed on its own form within its own deadline. The Annual Return does not replace those notices.

Other types of company

Type of companyReturn date and deadlineFinancial statements attached
Private company limited by sharesAnniversary of incorporation; within 42 days afterNo
Public company limited by sharesWithin 42 days after the date 6 months after the end of its accounting reference periodYes
Company limited by guaranteeWithin 42 days after the date 9 months after the end of its accounting reference periodYes

Different fee scales apply to public companies and companies limited by guarantee. Please ask us for the figures that apply to your company type.

Penalties and consequences

Penalty exposureA company that fails to deliver its Annual Return, and every responsible person of the company in default, is liable on conviction to a fine of up to HK$50,000 and, for a continuing offence, a further fine of HK$1,000 for each day the offence continues.
  • The Companies Registry prosecutes persistent defaulters, and directors are named in proceedings personally.
  • Repeated defaults can be taken into account in director disqualification proceedings.
  • A company that has stopped filing may be treated as defunct and struck off, with its property passing to the Government.
  • Banks and counterparties often check the company's filing record; a gap raises questions in due diligence.

A simple annual routine

WhenAction
4 weeks before the anniversaryWe send you a reminder and a draft return based on your registers
2 weeks beforeYou confirm any changes in shareholders, directors or address
On or after the anniversaryWe file the return and pay the HK$105 fee
Within daysWe send you the filed copy for your records
How DBMS Global can help
  • Preparing and filing the Annual Return every year as part of our company secretarial service.
  • Checking that the return matches your registers, and filing any overdue change notices first.
  • Bringing late returns up to date and advising on next steps if the company has fallen behind.
  • Tracking the deadline for you, with advance reminders.

In summary

  • Private companies: file NAR1 within 42 days after each anniversary of incorporation.
  • HK$105 on time; up to HK$3,480 if late, plus possible prosecution.
  • Keep your registers current during the year so the return is straightforward.

Official references

  • Companies Ordinance (Cap. 622), section 662
  • Companies Registry: fees schedule and annual return guidance, www.cr.gov.hk
  • Companies Registry: Filing Requirements of a Local Limited Company after Incorporation