corporate secretary hong kong Secrets
corporate secretary hong kong Secrets
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A company secretary is often described as the company’s executive, whose Key purpose is to make sure that the business and its operations comply with all statutory rules and regulations established in the Hong Kong Companies Ordinance.
(2) The Registrar might do the act, or cause the act for being finished, because the company’s or maybe the liquidator’s or provisional liquidator’s consultant. (3) The Registrar may possibly execute or indication any related instrument or doc, including a memorandum stating which the Registrar has accomplished so given that the company’s or maybe the liquidator’s or provisional liquidator’s agent. (4) An instrument or doc executed or signed by the Registrar under subsection (3) has the same impact as In the event the company, if nevertheless present, had executed the instrument or doc. Section: 758 Previous director must continue to keep dissolved company’s guides and papers for six a long time
Cap 622 - Organizations Ordinance 342 (b) to give notice into the Registrar of any make a difference. (two) The Registrar, or a member or creditor from the company, might provide a observe on the company or officer demanding the company or officer to comply with the necessity. (3) Should the company or officer fails to make superior the contravention within fourteen times after service of the detect, the Court may possibly, on application with the Registrar, or by a member or creditor with the company, make an get— (a) in the situation of a contravention because of the company, directing the company and any officer of your company for making excellent the contravention throughout the time laid out in the order; or (b) in the situation of a contravention through the officer, directing the officer for making very good the contravention in the time specified in the purchase.
(4) If a registered non-Hong Kong company contravenes subsection (1), the company, every responsible man or woman on the company, and every agent with the company who authorizes or permits the contravention, dedicate an offence, and every is liable to a wonderful at level 3 and, in the situation of the continuing offence, to an additional fine of $300 for daily during which the offence carries on. Part: 795 Approved consultant of registered non-Hong Kong company have to notify Registrar of dissolution
It's necessary for all Hong Kong providers to possess a area Company Secretary. This individual is answerable for liaising with govt regulatory bodies when needed and if there are actually any changes inside your company composition. Learn more about our Corporate Secretary services.
A corporate secretary in Hong Kong really should not be perplexed with simply a secretary who performs common clerical operate.
You will require a bank account to receive money and shell out your invoices. We spouse up with HSBC, the biggest lender in Hong Kong, along with other classic banking institutions.
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Section: 784 Appeal versus determination to serve observe L.N. 163 of 2013 03/03/2014 Inside three weeks immediately after remaining served using a discover under part 780(1)(b) to get a corporate title or for an authorized title in relation to some corporate title, a registered non-Hong Kong company may well attract the executive Appeals Board from the choice to provide the detect. Segment: 785 Change of authorised title L.N. 163 of 2013 03/03/2014 (one) A registered non-Hong Kong company could use, in composing, for the Registrar for change of the approved title, in relation to some corporate identify, underneath which the company is to hold on organization in Hong Kong. (two) An software needs to be sent to the Registrar. (three) On obtaining an software for change of an permitted title, the Registrar will have to approve the new title Except if happy the new title— (a) is similar to or is too like— (i) a name that appears, or ought to have appeared, during the Index of Company Names; or (ii) the identify of the human body corporate incorporated or established below an Ordinance; or (b) gives so deceptive an indication of the character with the registered non-Hong Kong company’s activities in Hong Kong as for being prone to bring about damage to the public. (4) When the Registrar approves a fresh name, the registered non-Hong Kong company may possibly produce for the Registrar for registration a return, in the specified form, specifying The brand new title so accredited. (5) On obtaining a return, the Registrar will have to, Except satisfied that the new identify laid out in it can be the same as a reputation that appears, or ought to have appeared, in the Index of Company Names— (a) enter the new title in the businesses Sign up as being the title, in relation into the corporate name, underneath which the registered non-Hong Kong company is to carry on business in Hong Kong; (b) produce a Take note in the Companies Sign-up to the formation company services effect that there is a change of approved name;
(3) A ultimate report needs to be shipped to the Economic Secretary throughout the time directed by the Monetary Secretary or, within the absence of Instructions, within just an affordable time right after it is ready. (4) An inspector must, within just an affordable time following the shipping and delivery of the remaining report back to the Fiscal Secretary, deliver for the Registrar for registration a discover of that reality in the required kind. Segment: 857 Interim report or remaining report may possibly go over affairs of related entire body corporate
The economical statements to get a fiscal calendar year must contain, beneath individual headings, the mixture number of any superb financial loans made beneath the authority of sections 280 and 281 during the economic yr.
(three) Irrespective of subsection (1), When the nominal amount of money or nominal price of a share is altered on or following the commencement day* of area 135 less than a continuing provision, a reference in the continuing provision to the nominal amount of money or nominal price of the share is a reference to the nominal amount of money or nominal price as so altered. Component five
(one) The elimination by an present company from its sign up of company secretaries on or following the commencement date* of section 650 of particulars needed through the predecessor Ordinance but not needed by this Ordinance does not give increase to any obligation to deliver a notice to your Registrar below part 652.