Everything about hong kong company secretary checklist (2nd edition)
(three) The Registrar should enter The brand new identify in the Companies Sign up instead of the previous name. (4) The change of name has impact with the date on which the new name is entered in the Companies Register. (five) Inside 30 times following the day of coming into the new name in the Companies Sign-up, the Registrar— (a) have to by discover in producing notify the company of— (i) The reality that a name on the company continues to be changed; (ii) The brand new name; and (iii) the day on which the change requires effect beneath subsection (four); and (b) will have to by observe within the Gazette notify that truth, the new title and that day. (six) A change of title underneath this area doesn't have an impact on any rights or obligations of your company or render faulty any lawful proceedings by or towards it. Any legal proceedings that could have been commenced or ongoing by or against it by its former title could be commenced or ongoing by or towards it by its new title.
L.N. 163 of 2013 03/03/2014 (one) The Registrar will have to make the Companies Register accessible for public inspection in the least affordable situations in order to permit any member of the public— (a) to confirm whether the member of the public is working with— (i) a company to which this subsection applies, or its directors or other officers, in issues of or related with any act in the company; (ii) a director or other officers of such a company in issues of or linked Along with the administration from the company, or of its house; (iii) a person against whom a disqualification purchase has been produced by a courtroom;
Remarks: Not nevertheless in operation (one) The Court docket might make an get for your disclosure with the Registrar of the withheld handle— (a) if— (i) There may be proof that the service of files at an tackle contained in an software less than area
All Hong Kong businesses will need to have a neighborhood registered address to get govt and financial institution correspondence. Whenever you get mail, we open up, scan and upload letters to the Osome account and send you a notification and that means you never miss a matter.
It can be mandatory for all Hong Kong organizations to have a neighborhood Company Secretary. This personal is responsible for liaising with authorities regulatory bodies when required and when you can find any changes with your company construction. Find out more about our Corporate Secretary services.
(4) If the copy or memorandum is held at a location other than the company’s registered Business office, the company ought to notify the Registrar on the position, or any change while in the spot, at which the copy or memorandum is held. The detect should be in the specified kind and delivered to the Registrar for registration in fifteen days once the duplicate or memorandum is initial stored at that location or in 15 days after the change (as the case can be). (5) If a company contravenes subsection (2) or (three), the company, and each responsible person from the company, dedicate an offence, and every is liable to your fantastic at stage 3. (six) If a company contravenes subsection (4), the company, and each dependable individual of your company, commit an offence, and every is liable to a fine at amount 3 and, in the situation of a continuing offence, to an extra high-quality of $three hundred for daily through which the offence proceeds.
As a company operator, you’ll should post two stories and just one audit every year. Even For those who have no transactions, you still have to post once-a-year stories: get ready unaudited accounts, have an exterior auditor review them, and file Profit Tax Return.
(one) This part applies if, at the end of a economic 12 months, a company will be the subsidiary of A further endeavor. (2) The company’s economical statements to the monetary yr should comprise, inside the notes for the statements— (a) the title of your undertaking regarded by the administrators as staying the company’s ultimate parent undertaking; and (b) the next data regarding that enterprise as known to the administrators— (i) if that enterprise is actually a human body corporate, the region by which it truly is incorporated; (ii) if that enterprise just isn't a overall body corporate, the tackle of its principal location of small business. 4. Compliance with relevant accounting requirements
Cap 622 - Companies Ordinance 201 (three) For your uses of this section, a payment is presumed, apart from in as far as the contrary is demonstrated, for being created in reference to a transfer of any undertaking or house of the company if it is made pursuant to an arrangement — (a) entered into as A part of the settlement to the transfer, or within just one particular year right before or 2 a long time after that arrangement is entered into; and (b) to which the company, or anyone to whom the transfer is built, is privy.
During this Division— continuing provision (續用條文) implies a provision in the predecessor Ordinance that features a continuing result beneath this Agenda. 36. References to quantity compensated on shares issued prior to commencement date* of area a hundred thirty five
Area sixty nine from the predecessor Ordinance (so far as it pertains to a transfer of debentures or debenture inventory), as in force straight away just before its repeal, carries on to use in relation to some transfer of debentures or debenture inventory lodged ahead of the commencement day* of portion 321. sixty. Problem of debenture or certificate for debenture stock on transfer
Cap 622 - Corporations Ordinance ninety nine published off in a reduction or reorganization of funds; or (b) any other reserve the company is prohibited from distributing by an Ordinance (in addition to this Element) or by its articles. (2) In paragraph (a) with the definition of undistributable reserves in subsection (one), a reference to capitalization excludes a transfer of gains in the company to its cash redemption reserve on or right after 1 September 1991. (three) During this Component— (a) a reference to gains of any certain description is usually a reference to earnings of that description manufactured Anytime; and (b) a reference to losses of any individual description is really a reference to losses of that description manufactured Anytime. (four) For the reasons of this Element, any fiscal statements are referential money statements if the distribution in question is produced pursuant to determinations made by reference to economic goods as mentioned from the financial statements less than segment 302. Area: 291 Realized profits and losses L.N. 163 of 2013 03/03/2014 (one) In this Part, a reference to understood revenue or realized losses of a company is often a reference to Those people gains or losses of the company which are thought to be recognized revenue or realized losses for the purpose of any fiscal statements geared up by the administrators in accordance with rules normally approved, at enough time once the economical statements are organized, with respect for the dedication for accounting functions of understood income or realized losses. (two) Subsection (1) won't have an affect on any distinct provision (no matter whether within an Ordinance or usually) below which profits or losses of any description are thought to be understood. (three) If, soon after creating all acceptable enquiries, a company’s directors are unable to find out if a specific financial gain or reduction designed prior to one September 1991 is realized, they may deal with the profit as understood, as well as the loss as unrealized, with the purposes of this Section.
It is crucial to get ready these appropriately and on time to stay away from fines company formation software and penalties, but We'll do our best to make certain this doesn't materialize.
I'm genuinely delighted to operate with BBCIncorp and so it's been because my really initially contact with Sheryl some many years ago.