5 Simple Statements About hong kong company secretary checklist (2nd edition) Explained
5 Simple Statements About hong kong company secretary checklist (2nd edition) Explained
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L.N. 163 of 2013 03/03/2014 (one) If it appears towards the Registrar that the information contained in a document registered from the Registrar in regard of the company is inconsistent with other facts regarding the company on the Companies Sign-up, the Registrar may give see to the company— (a) stating in what respect the knowledge contained while in the doc seems to get inconsistent with other information on the businesses Register; and (b) requiring the company to choose steps to resolve the inconsistency. (2) For your reasons of subsection (1)(b), the Registrar may well involve the company to provide for the Registrar within the period of time specified in the see— (a) facts required to solve the inconsistency; or (b) proof that proceedings are commenced with the company during the Court docket for the goal of resolving the inconsistency and the proceedings are now being done diligently.
Remarks: Not nonetheless in Procedure Routine eight, which contains amendments referring to paperless holding and transfer of shares and debentures, has result. Area: 909 Power to generate polices L.
Remarks: Not however in Procedure (1) The Court docket might make an purchase for your disclosure with the Registrar of a withheld deal with— (a) if— (i) There exists evidence which the service of files at an tackle contained in an application below portion
Cap 622 - Businesses Ordinance eighty one in the company. (two) The company have to contain Using the detect in the proposed resolution— (a) a duplicate of your document that contains the proposed common supply; and (b) a statement, signed by the administrators on the company, made up of facts that would empower an inexpensive individual to type a legitimate and justifiable impression as to your merits from the give. (3) If, underneath the proposed common present, a member from the company could possibly be compelled to dispose of the member’s shares below Division 5 of Component thirteen (Obligatory acquisition just after typical present for share acquire-back)— (a) the company must appoint an independent financial commitment adviser to advise customers who can be influenced with the compulsory disposal on the deserves of your offer you; and (b) the resolution authorizing the provide needs to be a Particular resolution on which no non-tendering member votes. (four) Someone is qualified for appointment being an investment adviser below subsection (three)(a) only if— (a) the person is a company licensed to carry on, or a certified money establishment registered for carrying on, a company in advising on securities or advising on corporate finance beneath Aspect V of your Securities and Futures Ordinance (Cap 571); and (b) the individual is neither— (i) a member, officer, shadow director or employee in the company earning the general present or of an connected company of that company; nor (ii) an involved company in the company making the overall offer you.
No, It is far from legal to do so. Firms based in Hong Kong are necessary to appoint a company secretary below the businesses Ordinance. The secretary will have to reside in Hong Kong and be not less than 18 several years of age to qualify.
(4) If the copy or memorandum is stored at a spot in addition to the company’s registered Workplace, the company ought to notify the Registrar on the area, or any change within the area, at which the duplicate or memorandum is held. The recognize have to be in the desired sort and sent to the Registrar for registration within fifteen times following the copy or memorandum is to start with saved at that place or inside 15 days after the change (as the case might be). (five) If a company contravenes subsection (2) or (three), the company, and every liable individual with the company, commit an offence, and each is liable to some good at stage 3. (six) If a company contravenes subsection (4), the company, and each liable particular person of the company, dedicate an offence, and each is liable to some wonderful at amount 3 and, in the case of the continuing offence, to an additional great of $three hundred for every single day during which the offence continues.
(3) We manage and update your company's Sign-up of customers, Register of administrators and Sign up of company secretary
Section forty six of your predecessor Ordinance, as in company formation charges drive right away just before its repeal, carries on to use in relation to an arrangement built in accordance with that portion ahead of the commencement day* of section 148 for any company to pay Fee to a person in thought of the individual subscribing or agreeing to subscribe for shares during the company or procuring or agreeing to acquire subscriptions. 22. Registration of transfer or refusal of registration
Area 57C of the predecessor Ordinance, as in power immediately in advance of its repeal, proceeds to apply to shares purportedly issued or allotted prior to the commencement date* of portion 146. 21. Permitted commissions
Cap 622 - Firms Ordinance 233 (a) the company’s registered office; or (b) a prescribed location. (2) A company need to notify the Registrar of your put at which the sign up of users is retained. The see needs to be in the required variety and shipped to the Registrar for registration within just fifteen times following the register is initial held at that position. (3) A company will have to notify the Registrar of any change (other than a change of the tackle of your company’s registered office) inside the spot at which the sign up of members is held. The detect should be in the specified variety and shipped to the Registrar for registration in 15 days once the change. (4) Subsection (2) does not need a company to notify the Registrar from the location at which the sign up of associates is stored— (a) if, in the case of the register that arrived into existence on or following the commencement date* of the portion, it's got all of the time been held at the company’s registered office; or (b) if— (i) quickly just before that commencement day*, the company retained a sign-up for the needs of part 95 from the predecessor Ordinance; and (ii) on and after that commencement day*, that sign up is retained as a sign up of associates with the reasons of portion 627 for the spot at which it absolutely was stored promptly just before that commencement day*.
(3) A letter has to be tackled— (a) to a certified representative on the registered non-Hong Kong company whose essential information are demonstrated in the Companies Register; or (b) if no needed specifics of approved Reps of your company are demonstrated in the Companies Register, to anywhere of business enterprise proven by the company in Hong Kong. (four) The Registrar is just not needed to mail a letter into the registered non-Hong Kong company below subsection (two)(a) In case the Registrar is on the feeling the letter is not likely being been given with the company. Part: 798 Registrar may well strike off registered non-Hong Kong company’s title
(two) Segment 116C in the predecessor Ordinance, as in power promptly right before its repeal, proceeds to use in relation to resolutions for which Unique observe is needed if see of your intention to maneuver the resolution was supplied to your company prior to the commencement date* of section 578. 103. Members’ statements
We care for the transition method from your old company secretary to us. It is effective and trouble-free of charge: we Obtain your documents and get their resignation indication-off.
Area 351B from the predecessor Ordinance, as in pressure instantly ahead of its repeal, proceeds to apply in relation to an application built prior to the commencement day* of section 897 to the applications of that section.