The Basic Principles Of company secretary hong kong qualification
The Basic Principles Of company secretary hong kong qualification
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This should-have document outlines significant particulars of the company, such as the company identify, company mother nature, and address. It is usually issued for one yr and should be renewed per year. We will set up this doc to your company assist with the renewal process.
(two) The Registrar may possibly do the act, or result in the act for being done, as the company’s or perhaps the liquidator’s or provisional liquidator’s agent. (three) The Registrar may execute or signal any applicable instrument or document, including a memorandum stating that the Registrar has carried out so since the company’s or the liquidator’s or provisional liquidator’s agent. (4) An instrument or document executed or signed by the Registrar below subsection (3) has a similar impact as If your company, if nonetheless current, had executed the instrument or document. Segment: 758 Former director have to continue to keep dissolved company’s guides and papers for 6 yrs
(5) A change of identify beneath this area isn't going to have an effect on any legal rights or obligations on the company or render defective any lawful proceedings by or from it. Any lawful proceedings that could have been commenced or continued by or versus it by its previous identify may be commenced or continued by or in opposition to it by its new title. (six) If a company contravenes subsection (two), the company, and every liable particular person on the company, commit an offence, and each is liable to the great at level three and, in the case of the continuing offence, to a further good of $300 for day after day in the course of which the offence carries on. Segment: 108 Registrar may direct company to change similar or related name and so on.
According to the company secretary requirement Hong Kong, a company secretary is recommended being a member of HKCGI.
Be mindful not To combine up a “company secretary” with a “secretary” who may only take care of clerical duties. An officially appointed company secretary of the company performs a way more advanced job inside the legal routine maintenance of the company.
N. 163 of 2013 03/03/2014 (1) A company will have to continue to keep during the English or Chinese language a sign up of company secretaries. (two) A company have to enter inside the sign up of company secretaries the needed particulars laid out in section 650 of the one that is, or individuals who're the company secretary or joint company secretaries of your company. (three) A company ought to continue to keep the sign up of company secretaries at— (a) the company’s registered Business office; or (b) a prescribed area. (four) A company must notify the Registrar from the location at which the register of company secretaries is saved. The observe must be in the required kind and delivered to the Registrar for registration within just fifteen days once the sign-up is first kept at that place. (five) A company need to notify the Registrar of any change (besides a change of the tackle with the company’s registered office) while in the place at which the register of company secretaries is kept. The notice needs to be in the required type and delivered to the Registrar for registration in fifteen days after the change. (six) Subsection (4) isn't going to demand a company to inform the Registrar with the spot at which the sign up of company secretaries is stored— (a) if, in the situation of a sign-up that came into existence on or after the commencement day* of this portion, it has always been kept in the company’s registered Place of work; or (b) if— (i) quickly right before that commencement day*, the company retained a sign-up with the functions of area 158 on the predecessor Ordinance; and (ii) on and following that commencement day*, that register, in as far as it relates to the company secretary or joint company secretaries of the company, is stored being a register of company secretaries to the reasons of subsection (one) on the area at which it absolutely was saved quickly in advance of that commencement date*.
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(2) Approval may be specified for a particular work out of the ability or for its training usually, and should be unconditional or subject to ailments.
(2) For your uses of this Ordinance, an enterprise is additionally a parent endeavor of Yet another enterprise if it's got the right to exercising a dominant impact more than that other undertaking by virtue of— (a) the provisions contained in any document constituting company formation companies house or regulating that other endeavor; or (b) a agreement in producing that—
(three) A closing report must be delivered to the Money Secretary within the time directed from the Fiscal Secretary or, in the absence of Instructions, inside of a reasonable time right after it is ready. (4) An inspector need to, in an affordable time following the shipping of a closing report to the Monetary Secretary, supply to your Registrar for registration a detect of that actuality in the desired type. Area: 857 Interim report or last report may possibly go over affairs of connected physique corporate
Partnership: During this small business, two or more people get the job done together they usually share their gains , losses and cope with many of the obligations.
L.N. 163 of 2013 03/03/2014 (one) Should the situation laid out in subsection (two) is pleased, a company is just not prohibited by section five hundred, 501, 502 or 503 from entering into any transaction— (a) to supply a director of your company or of the holding company on the company with cash to meet expenditure incurred or to get incurred via the director in putting up a defence within an investigation, or versus any action taken or proposed to be taken, by a regulatory authority in connection with any alleged misconduct because of the director in relation to the company or an related company on the company; or (b) to allow this type of director to avoid incurring this sort of expenditure. (two) The condition is that the transaction in issue is entered into about the conditions— (a) which the funds are for being repaid, or any liability with the company incurred in relation to that transaction is to be discharged, When the director is found in the investigation or motion to possess committed the misconduct; and (b) that the funds are to be so repaid, or this sort of liability will be to be so discharged, not later on when compared to the day once the locating turns into last.
Your company secretary is answerable for making certain all statutory returns are submitted in time and precisely. A few of the most common returns include things like: