A REVIEW OF COMPANY SECRETARY HONG KONG QUALIFICATION

A Review Of company secretary hong kong qualification

A Review Of company secretary hong kong qualification

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The only real director of A personal company cannot also be the company secretary (i.e. one of many company’s directors is usually the company secretary only if there is more than one director in position);

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Cap 622 - Companies Ordinance 106 (a) the company’s registered Business; or (b) a location prescribed by restrictions designed under portion 657. (2) A company have to notify the Registrar with the place at which the sign-up of debenture holders is stored. The notice need to be in the specified type and sent to the Registrar for registration inside of 15 times following the sign up is to start with held at that put. (three) A company ought to notify the Registrar of any change (apart from a change with the handle from the company’s registered Place of work) from the place at which the sign up of debenture holders is saved. The observe have to be in the required type and sent to the Registrar for registration in 15 days after the change. (four) Subsection (two) doesn't require a company to inform the Registrar in the put at which the register of debenture holders is kept— (a) if, in the situation of a register that arrived into existence on or once the commencement day* of this Division, it has constantly been stored in the company’s registered Business; or (b) if— (i) right away ahead of that commencement date*, the company stored a sign-up to the uses of section 74A on the predecessor Ordinance; and (ii) on and following that commencement date*, that register is stored for a sign up of debenture holders for the needs of part 308(1) within the spot at which it had been kept promptly before that commencement date*.

(one) For the functions of the Ordinance, an enterprise can be a subsidiary endeavor of A further enterprise if that other endeavor is really a parent endeavor of it. (2) For your uses of this Ordinance, an endeavor is also a subsidiary endeavor of Yet another enterprise if a guardian enterprise of It's a subsidiary enterprise of that other enterprise.

(five) In Division 6, a reference on the billed house of a registered non-Hong Kong company is really a reference to— (a) the residence in Hong Kong on the company and matter into a demand developed from the company, besides assets that was not in Hong Kong when the demand was designed; or (b) the home in Hong Kong of the company and subject to your cost that subsisted when the assets was

L.N. 163 of 2013 03/03/2014 (1) A registered non-Hong Kong company have to supply an announcement in the particulars of every specified demand created via the company on assets in Hong Kong of the company, along with a Licensed duplicate with the instrument (if any) developing or evidencing the cost, on the Registrar for registration throughout the registration interval laid out in subsection (six)(a). (2) Where— (a) a specified cost produced by a registered non-Hong Kong company on home in Hong Kong from the company— (i) is specified in the debenture forming part of a sequence by reference to any other instrument made up of the demand (whether also contained in the debenture); or (ii) is contained inside a debenture forming A part of a series (although not provided from the debenture by reference to another instrument); and (b) every holder with the debentures on the series is entitled Similarly to the good thing about the charge, the company is always to be viewed as having complied with subsection (1) in relation to the desired demand In the event the company delivers a statement of your particulars with the charge, together with a certified duplicate of an instrument

2. Statement of financial posture to become contained in notes to once-a-year consolidated economical statements

Cap 622 - Companies Ordinance 212 (a) can be despatched on the company in hard copy type or in electronic form; and (b) should be authenticated via the member or by somebody acting about the member’s behalf.

Usage of Funds: The thriving economic landscape supplies diverse funding avenues, from undertaking capital to community choices.

Part: 784 Attractiveness versus decision to serve see L.N. 163 of 2013 03/03/2014 Within just 3 weeks right after getting served that has a observe below section 780(1)(b) for company formation agents near me your corporate name or for an approved identify in relation to some corporate title, a registered non-Hong Kong company may perhaps attract the executive Appeals Board from the choice to provide the observe. Section: 785 Change of permitted name L.N. 163 of 2013 03/03/2014 (1) A registered non-Hong Kong company may apply, in producing, into the Registrar for change of an accredited identify, in relation to the corporate title, below which the company is to carry on enterprise in Hong Kong. (two) An application must be sent to the Registrar. (3) On getting an software for change of the accredited identify, the Registrar ought to approve The brand new identify unless satisfied which the new name— (a) is the same as or is too like— (i) a name that appears, or should have appeared, during the Index of Company Names; or (ii) the name of the body corporate incorporated or set up less than an Ordinance; or (b) gives so deceptive an indication of the nature from the registered non-Hong Kong company’s actions in Hong Kong as to be very likely to trigger damage to the general public. (four) Should the Registrar approves a brand new name, the registered non-Hong Kong company might provide for the Registrar for registration a return, in the desired variety, specifying the new identify so authorised. (five) On getting a return, the Registrar will have to, Unless of course happy which the new name specified in it is actually similar to a name that appears, or should have appeared, within the Index of Company Names— (a) enter The brand new title in the businesses Register given that the identify, in relation into the corporate title, under which the registered non-Hong Kong company is to carry on organization in Hong Kong; (b) come up with a note in the businesses Register to the influence that there's a change of accredited identify;

Segment: 469 Permitted indemnity provision L.N. 163 of 2013 03/03/2014 (one) Segment 468(3) isn't going to apply to some provision for indemnity versus legal responsibility incurred via the director to some 3rd party In the event the requirements laid out in subsection (two) are fulfilled in relation to the provision. (two) The provision need to not offer any indemnity towards— (a) any legal responsibility on the director to pay for— (i) a great imposed in legal proceedings; or (ii) a sum payable By means of a penalty in regard of non-compliance with any requirement of the regulatory mother nature; or (b) any liability incurred via the director— (i) in defending felony proceedings by which the director is convicted; (ii) in defending civil proceedings brought because of the company, or an affiliated company from the company, where judgment is offered towards the director; (iii) in defending civil proceedings brought on behalf of your company by a member on the company or of the linked company from the company, wherein judgment is specified towards the director; (iv) in defending civil proceedings introduced on behalf of an associated company of your company by a member on the related company or by a member of the involved company from the involved company, by which judgment is given against the director; or (v) in connection with an software for relief underneath part 358 in the predecessor Ordinance or segment 903 or 904 where the Court refuses to grant the director relief. (3) A reference in subsection (two)(b) to some conviction, judgment or refusal of reduction is to the ultimate selection during the proceedings.

Partnership: Within this business enterprise, two or more and more people get the job done together and they share their gains , losses and take care of each of the responsibilities.

L.N. 163 of 2013 03/03/2014 (1) If your situation specified in subsection (two) is glad, a company isn't prohibited by area five hundred, 501, 502 or 503 from moving into into any transaction— (a) to provide a director on the company or of a Keeping company of the company with funds to meet expenditure incurred or for being incurred with the director in Placing up a defence within an investigation, or against any action taken or proposed for being taken, by a regulatory authority in connection with any alleged misconduct from the director in relation to your company or an associated company in the company; or (b) to permit this type of director to stop incurring these types of expenditure. (two) The situation would be that the transaction in problem is entered into over the phrases— (a) which the cash are being repaid, or any liability of the company incurred in relation to that transaction would be to be discharged, When the director is present in the investigation or action to have dedicated the misconduct; and (b) which the resources are being so repaid, or these legal responsibility is usually to be so discharged, not later compared to the day when the getting becomes final.

All you have to do is send us the required paperwork through chat. We complete the registration application, post to the authorities, and send out back for you to indication digitally.

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