hong kong company secretary exam Secrets
hong kong company secretary exam Secrets
Blog Article
Area: 354 Notification of area wherever register of costs is saved L.N. 163 of 2013 03/03/2014 (1) A company or registered non-Hong Kong company need to notify the Registrar from the place at which the sign-up of prices is saved. The see has to be in the specified variety and shipped to the Registrar for registration within 15 times once the register is first held at that position. (two) A company or registered non-Hong Kong company need to notify the Registrar of any change (apart from a change with the handle with the company’s registered Office environment or registered non-Hong Kong company’s principal position of business in Hong Kong) during the spot at which the sign-up of fees is saved. The notice have to be in the desired kind and delivered to the Registrar for registration inside of fifteen days after the change. (3) Subsection (1) doesn't require a company or registered non-Hong Kong company to notify the Registrar on the place at which the sign up of costs is kept— (a) if, in the case of the register that arrived into existence on or after the commencement date* of this section, it's constantly been saved at— (i) the company’s registered office; or (ii) the registered non-Hong Kong company’s principal position of small business in Hong Kong; or (b) if— (i) straight away prior to that commencement day*, the company or registered non-Hong Kong company saved a register to the uses of portion 89 in the predecessor Ordinance; and (ii) on and following that commencement day*, that sign-up is held as being a sign up of expenses for your applications of area 352(1) or 353(1) on the put at which it was stored right away before that commencement
(3) This part does not utilize on the giving of economic assistance by a company for the objective of the acquisition of the share in its holding company or for the objective of lowering or discharging a liability incurred for these an acquisition In case the holding company is often a company incorporated outside Hong Kong. (four) If a company contravenes subsection (1) or (two), the company, and each liable individual from the company, commit an offence, and each is liable to a good of $150000 also to imprisonment for twelve months. Section: 276 Failure to comply with Division would not have an affect on validity of monetary aid, etcetera.
Cap 622 - Businesses Ordinance 159 Portion: 427 Court could purchase statement of conditions to not be sent L.N. 163 of 2013 03/03/2014 (one) This area applies if an application is made beneath area 426(one)(b) or (three) in relation to a press release of circumstances supplied by someone to the company. (two) In the event the Courtroom is glad that the person has abused using the assertion of circumstances or is utilizing the assertion to protected needless publicity for defamatory matter, the Courtroom— (a) ought to direct that copies of the assertion are certainly not to be despatched less than area 426(one)(a); and (b) may possibly buy the individual, even though not a celebration to the application, to pay for the applicant’s costs on the applying in full or in part. (three) Should the Court docket presents directions below subsection (two)(a), the company ought to, within 15 times beginning about the day on which the directions are given— (a) send a notice location out the influence in the Instructions to— (i) each individual member of the company; and (ii) Except if presently named as a party to the proceedings, the person who has given the assertion of conditions towards the company; and (b) produce a copy in the observe to your Registrar for registration. (4) If your Court decides never to grant the application, the company will have to, within 15 times commencing over the date on which the choice is made or on which the proceedings are discontinued for almost any reason— (a) give see of the decision to the person who has provided the assertion of instances to the company; and (b) send out a duplicate on the statement of conditions to every member on the company and to that human being.
Cap 622 - Firms Ordinance fifteen (ii) specified by the Registrar in accordance With all the agreement. (two) An settlement having a company may additionally supply that any doc, or any class of doc, that relates to the company, and is needed or authorized being shipped from the Registrar to it underneath an Ordinance, will likely be shipped by electronic implies.
(five) In Division 6, a reference into the charged residence of a registered non-Hong Kong company is usually a reference to— (a) the house in Hong Kong from the company and subject to some charge created via the company, other than home which was not in Hong Kong once the cost was produced; or (b) the residence in Hong Kong from the company and topic to your charge that subsisted once the property was
A corporate secretary in Hong Kong really should not be puzzled with just a secretary who performs everyday clerical perform.
(three) We retain and update your company's Sign-up of users, Sign up of directors and Sign up of company secretary
If your company secretary is actually a purely natural human being, they should be a resident in Hong Kong (long-lasting or usually);
(two) Before an inspector sends a draft interim report or ultimate report, or Portion of the draft report, to somebody beneath subsection (one), the inspector could— (a) trigger any passages while in the draft report or that part of the draft report back to be hid from look at or to be obliterated; and (b) demand the individual to maintain the draft report or that Portion of the draft report private. Part: 859 Monetary Secretary to file copies of inspector’s report with Courtroom
Section: 784 Attraction against decision to serve detect L.N. 163 of 2013 03/03/2014 In three months right after remaining served which has a detect underneath portion 780(1)(b) for a corporate title or for an authorised title in relation to your corporate title, a registered non-Hong Kong company may possibly appeal to the Administrative Appeals Board against the choice to serve the see. Part: 785 Change of accredited identify L.N. 163 of 2013 03/03/2014 (1) A registered non-Hong Kong company may well use, in composing, to the Registrar for change of the authorised identify, in relation to the corporate identify, under which the company is to carry on business enterprise in Hong Kong. (2) An application has to be delivered to the Registrar. (3) On obtaining an application for change of the authorised name, the Registrar will have to approve The brand new identify Unless of course content that the new identify— (a) is the same as or is too like— (i) a reputation that appears, or must have appeared, while in the Index of Company Names; or (ii) the identify of the human body corporate incorporated or proven underneath an Ordinance; or (b) provides so deceptive an indication of the character in the registered non-Hong Kong company’s functions in Hong Kong as for being very likely to induce harm to the public. (four) In the event the Registrar approves a different name, the registered non-Hong Kong company could provide into the Registrar for registration a return, in the desired sort, specifying the new name so authorised. (5) On obtaining a return, the Registrar should, Except content which the new name laid out in it can be similar to a name that seems, or should have appeared, from the Index of Company Names— (a) enter The brand new identify in the Companies Sign up as the title, in relation to the corporate identify, under which the registered non-Hong Kong company is to carry on enterprise in Hong Kong; (b) create a Be aware in the businesses Sign-up into the influence that there's a change of authorised title;
Part: 469 Permitted indemnity provision L.N. 163 of 2013 03/03/2014 (one) Area 468(three) isn't going to apply to your provision for indemnity against legal responsibility incurred by the director into a 3rd party When the requirements specified in subsection (2) are achieved in relation for the provision. (2) The provision ought to not offer any indemnity from— (a) any legal responsibility with the director to pay for— (i) a fantastic imposed in felony proceedings; or (ii) a sum payable by way of a penalty in regard of non-compliance with any prerequisite of a regulatory mother nature; or (b) any legal responsibility incurred through the director— (i) in defending felony proceedings wherein the director is convicted; (ii) in defending civil proceedings introduced because of the company, or an connected company on the company, through which judgment is presented towards the director; (iii) in defending civil proceedings brought on behalf of your company by a member with the company or of the connected company from the company, during which judgment is supplied against the director; (iv) in defending civil proceedings introduced on behalf of the affiliated company with the company by a member in the related company or by a member of an related company from the involved company, during which judgment is supplied in opposition to the director; or (v) in connection with an software for relief underneath segment 358 in the predecessor Ordinance or portion 903 or 904 in which the Court docket refuses to grant the director aid. (three) A reference in subsection (two)(b) into a conviction, judgment or refusal of relief would be to the ultimate choice within the proceedings.
Will company formation services packages not pressure about searching for documents ever again. We keep all of your files in your safe account, generating them uncomplicated to deal with.
At the start, Understand that a company secretary ought to know what They are really undertaking – you shouldn’t just appoint any random to go ahead and take work!
Eye-catching Tax Landscape: A simplified tax routine—no VAT, no funds gains tax, and a corporate tax ceiling of sixteen.5%—makes a welcoming atmosphere for earnings-driven enterprises.