The violation of the requirement to file annual returns in Hong Kong consists in the fact that it can end with very heavy punishments. Having no tax filing in Hong Kong does not mean that the company director and the officer in charge will be the only people punishable for it. The top officials also have the same responsibility. All the levels of officers, i.e. the director to the secretary, can be fined or prosecuted, and a fine of 50,000 HKD is imposed for a single offense. As a result, an everyday fine begins from 1000 HKD per day from then onwards.