HONG KONG COMPANY SECRETARY REQUIREMENTS - AN OVERVIEW

hong kong company secretary requirements - An Overview

hong kong company secretary requirements - An Overview

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A company secretary can be called the company’s executive, whose primary function is to make sure that the company and its functions comply with all statutory rules and laws established during the Hong Kong Businesses Ordinance.

Cap 622 - Businesses Ordinance 353 (e) in respect of each founder member, states the number of shares the company proposes to difficulty on the member and the full number of share capital being subscribed via the member on that formation. (2) In case the shares proposed being issued to your founder member on the development belong to 2 or more courses, the information essential underneath subsection (one)(e) needs to be mentioned in respect of every course.

On and following the commencement day* of area 308, a sign-up of holders of debentures stored less than section 74A with the predecessor Ordinance is always to be considered to be a sign-up of debenture holders retained beneath segment 308. fifty one. Notifying Registrar of position where by sign up of debenture holders is stored

(four) If a registered non-Hong Kong company contravenes subsection (1), the company, every accountable individual on the company, and every agent of your company who authorizes or permits the contravention, dedicate an offence, and each is liable to some great at amount three and, in the case of a continuing offence, to an additional fantastic of $three hundred for daily through which the offence proceeds. Area: 795 Approved agent of registered non-Hong Kong company ought to notify Registrar of dissolution

Cap 622 - Providers Ordinance 236 (2) If a company discontinues a department sign up, many of the entries in that sign up should be transferred to— (a) some other department sign up stored in a similar place outdoors Hong Kong through the company; or (b) the company’s sign-up of customers. (three) If a company discontinues a department register, it have to inside fifteen times once the discontinuance supply for the Registrar for registration a discover in the required type informing the Registrar of— (a) the discontinuance; and (b) the sign-up to which each of the entries are actually transferred.

如何辦理新公司的註冊? 如何更改公司名稱? 交付文件的一般規定? 如何取得公司資料? 如何撤銷註冊不營運但有償債能力的公司? 《公司條例》規定的主要收費 放債人牌照

L.N. 163 of 2013 03/03/2014 (one) This portion applies to a company that's an insurance company and carries on long term business enterprise. (2) For your needs of this Part— (a) an volume effectively transferred towards the statement of in depth revenue from the company from a surplus while in the fund preserved by it in regard of the long run small business should be to be considered to be a recognized gain; and (b) a deficit in that fund should be to be viewed as a realized reduction. (three) Issue to subsection (two), any revenue or decline arising in the company’s long lasting enterprise is usually to be disregarded with the reasons of this Component. (4) Within this part— (a) a reference to some surplus within a fund taken care of by a company is really a reference to an excessive of your assets symbolizing the fund over the company’s liabilities attributable to its long run business enterprise, as demonstrated by an actuarial investigation; and (b) a reference to your deficit in such a fund is actually a reference to an excessive of These liabilities in excess of These assets, as proven by an actuarial investigation.

Section forty six in the predecessor Ordinance, as in drive instantly ahead of its repeal, proceeds to apply in relation to an agreement created in accordance with that area prior to the commencement date* of section 148 to get a company to pay commission to an individual in consideration of the individual subscribing or agreeing to subscribe for shares from the company or procuring or agreeing to obtain subscriptions. 22. Registration of transfer or refusal of registration

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Section: 784 Attractiveness versus conclusion to provide see L.N. 163 of 2013 03/03/2014 Inside 3 months following being served which has a see less than area 780(1)(b) for the corporate identify or for an authorised name in relation to a corporate title, a registered non-Hong Kong company may perhaps attract the Administrative Appeals Board against the choice to serve the recognize. Section: 785 Change of accredited title L.N. 163 of 2013 03/03/2014 (1) A registered non-Hong Kong company may utilize, in writing, on the Registrar for change of an authorized title, in relation to a corporate title, under which the company is to hold on business enterprise in Hong Kong. (two) An software need to be shipped to the Registrar. (3) On receiving an application for change of the permitted title, the Registrar need to approve The brand new name Except happy the new title— (a) is the same as or is just too like— (i) a name that appears, or should have appeared, inside the Index of Company Names; or (ii) the title of the body corporate incorporated or established below an Ordinance; or (b) provides formation company login so misleading an indication of the character in the registered non-Hong Kong company’s things to do in Hong Kong as to become likely to bring about hurt to the public. (four) In the event the Registrar approves a new identify, the registered non-Hong Kong company may well supply for the Registrar for registration a return, in the specified form, specifying The brand new title so accredited. (5) On receiving a return, the Registrar have to, Except if satisfied the new identify laid out in it really is similar to a reputation that seems, or should have appeared, in the Index of Company Names— (a) enter The brand new name in the businesses Sign up as the identify, in relation to your corporate identify, beneath which the registered non-Hong Kong company is to hold on company in Hong Kong; (b) make a Notice in the businesses Register into the influence that there's a change of authorised identify;

(three) If, in relation to an software for the needs of subsection (2), a doc exhibiting the rectification is shipped to the Registrar for registration, the Registrar might rectify the error by registering the doc. Portion: forty two Registrar have to rectify info on Businesses Sign-up on purchase of Courtroom

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(7) In subsection (five)— projected sum(預計款項), in relation to some depreciation of a hard and fast asset, signifies a sum that will have been prepared off or retained for depreciation In the event the revaluation from the asset experienced not been made. (8) For that functions of this portion, an asset of a company will be to be regarded as a set asset if it is meant for use within the company’s functions, or in any other case to be held for the purpose of the company’s functions, with a continuing foundation. Segment: 293 Specific total concerning insurance policy company with lasting company to get considered to be understood earnings or decline

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