Not known Factual Statements About company secretary hong kong company ordinance
Not known Factual Statements About company secretary hong kong company ordinance
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(6) An announcement in the particulars of a specified charge— (a) must be in the desired sort; and (b) need to be accompanied from the prescribed fee. (seven) If somebody keen on a specified charge pays to the Registrar any prescribed rate for the registration of a statement of the particulars of the demand, the rate is recoverable in the company generating the charge. (eight) If a specified charge is made in Hong Kong and comprises residence situate outside Hong Kong, a Licensed duplicate in the instrument producing or purporting to produce the charge can be shipped to the Registrar for registration under subsection (one), (two) or (3) Though more proceedings may be essential to make that cost valid or effectual in accordance with the law in the place where the home is situate. Area: 336 Registered non-Hong Kong company have to register specified charge made by it
We retain you up to date with crucial deadlines, making sure the tax obligations of the Hong Kong business are matched promptly As well as in an successful manner at the end of each and every fiscal 12 months.
You are able to do this by searching their title within the TCSP Registry (Be aware: some companies might use trade names, so You could have to request for their licence amount to search).
L.N. 163 of 2013 03/03/2014 (one) If a registered non-Hong Kong company is served with a see underneath portion 780(1) for any corporate name or for an approved identify in relation to your corporate identify, the company may well utilize, in writing, towards the Registrar for acceptance of A further title, in relation towards the corporate title, beneath which the company is to hold on company in Hong Kong. (2) An software have to be delivered to the Registrar. (three) On getting an software for acceptance of a name, the Registrar need to approve the identify Except if happy which the title— (a) is similar to or is just too like— (i) a reputation that seems, or ought to have appeared, in the Index of Company Names; or (ii) the title of a physique corporate incorporated or recognized underneath an Ordinance; or (b) gives so deceptive an indication of the formation company made simple character of the registered non-Hong Kong company’s actions in Hong Kong as being more likely to induce damage to the public.
(3) Having said that, Each and every member might only ask for the company to flow into one these statement with regard towards the resolution. Area: 552 Company’s obligation to circulate published resolution proposed by users
That said, because the purpose indicates some know-how and experience, in the event you appoint an individual, make sure that he/she has the pertinent history. Alternatively, if you choose to hire a service service provider, you’ll want to check they have got the right licence set up.
(1) This portion relates to a demand if— (a) just before section 82 from the predecessor Ordinance was repealed, a non-Hong Kong company registered under Section XI on the predecessor Ordinance obtained any house topic for the demand; and
A Hong Kong company secretary must retain any papers essential for government examination if important. They preserve the company’s statutory documentation and update the documents if their facts changes.
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The corporate secretary also manages the compliance status of the company. And acts as being a mediator between the company's shareholders and directors.
Portion: 455 Nomination of reserve director of private company L.N. 163 of 2013 03/03/2014 (1) If A personal company has only one member and that member is the only director of the company, the company may possibly by a resolution handed at a typical meeting, Regardless of nearly anything in its content, nominate someone (other than a overall body corporate) that has attained the age of 18 decades being a reserve director of the company to act inside the position of the sole director within the event of the only director’s Loss of life. (2) The nomination of someone for a reserve director of A personal company ceases to acquire impact if— (a) prior to the death in the director in respect of whom the person was nominated— (i) the person resigns as reserve director in accordance with section 464; or (ii) the company in a general Conference revokes the nomination; or (b) the director in regard of whom the person was nominated ceases to be the only real member and sole director of your company for virtually any motive apart from the death of that director.
(two) It is immaterial how the shares or share cash are used, regardless of whether by being extra to the acquisition dollars of
(3) Regardless of subsection (one), In the event the nominal sum or nominal price of a share is altered on or following the commencement day* of area a hundred thirty five below a continuing provision, a reference in a very continuing provision to the nominal volume or nominal price of the share is really a reference to your nominal quantity or nominal value as so altered. Element five
Eye-catching Tax Landscape: A simplified tax regime—no VAT, no cash gains tax, and also a corporate tax ceiling of sixteen.five%—makes a welcoming environment for revenue-driven enterprises.