| Requirement Name | Financial Statements |
|---|---|
| Location Type |
|
| Accreditation Type |
|
| Requirement Language | English |
| Type of Requirements | Mandatory |
| Requirement Text |
Applicants must: (a) submit to IATA a complete set of audited financial statements which must not be older than 9 months at the time of submission and in the auditor's opinion, the financial statements give an unqualified true and fair view of the state of the company's affairs. (b) In order to become IATA Accredited or to maintain IATA Accreditation, an Applicant/Agent must have a paid up capital of minimum HK$ 500,000. Applicant failing to meet 1(b) or 1(c) will not be eligible in obtaining more than 84 points in the financial assessment. |