5 Easy Facts About company secretary hong kong qualification Described
Section 55 with the predecessor Ordinance, as in pressure instantly just before its repeal, continues to apply to an increase in a company’ s share cash if the resolution authorizing the increase was handed before the commencement date* of area 171. 28. Description of shares of different lessons
(4) In the event the get from the Court docket involves the company not to help make any, or any specified, alteration to its articles or blog posts, the company doesn't have ability to create any these alteration with out depart of the Courtroom. (five) The powers from the Court below this section don't limit its powers beneath portion 287.
(five) A change of name beneath this area would not have an impact on any legal rights or obligations of your company or render defective any authorized proceedings by or versus it. Any lawful proceedings that might have been commenced or ongoing by or towards it by its previous identify might be commenced or ongoing by or from it by its new identify. (six) If a company contravenes subsection (2), the company, and every accountable person with the company, dedicate an offence, and every is liable to the fantastic at amount 3 and, in the situation of a continuing offence, to an extra good of $three hundred for daily for the duration of which the offence carries on. Segment: 108 Registrar may direct company to change exact same or comparable title and so forth.
(one) For the functions of the Ordinance, an enterprise can be a subsidiary enterprise of Yet another endeavor if that other endeavor is often a mother or father undertaking of it. (2) For that uses of the Ordinance, an endeavor can also be a subsidiary endeavor of A different enterprise if a father or mother enterprise of It's really a subsidiary enterprise of that other enterprise.
(4) A person may only state in a detect of revocation beneath subsection (1)(d), or a notice of cessation of statutory election beneath subsection (3)(d), that the person requests for a duplicate in the reporting paperwork or a replica of the summary fiscal report to be sent in electronic form or by rendering it obtainable on a web site In the event the company has supplied, during the notification beneath segment 442(one) to which the recognize relates, the individual an option to request the copy to get so despatched. (five) If a recognize of revocation, or maybe a recognize of cessation of statutory election, is obtained because of the company no less than 28 days before the very first date on which a copy of your reporting files with the fiscal yr to which the detect relates is shipped to some member underneath section 430, the see has result in relation to that financial calendar year, and every subsequent money yr. (6) If a observe of revocation, or a observe of cessation of statutory election, is been given by the company below 28 times prior to the to start with day on which a copy in the reporting documents for the fiscal calendar year to which the detect relates is sent to some member less than segment 430, the observe has impact in relation to each financial yr subsequent to that monetary year. Portion: 444 Company must adjust to member’s ask for in detect of intent etc.
(3) If a recognize is sent to anyone below subsection (2) with regard to some document, the period of time specified in subsection (4) would be to be disregarded for the goal of calculating the each day penalty under an Ordinance which makes it an offence for failing to adjust to a prerequisite to deliver the doc and that imposes a penalty for each day in the course of which the offence carries on. (4) The period of time is a single starting within the day on which the doc was delivered to the Registrar and ending While using the fourteenth working day following the day on which the detect is shipped under subsection (two). Element: Division: two five Registrar’s Powers in relation to Keeping Firms Sign-up
(3) We preserve and update your company's Sign-up of customers, Register of directors and Register of company secretary
A Hong Kong company secretary must keep any papers vital for government examination if necessary. They manage the company’s statutory documentation and update the documents if their data changes.
聯絡我們
Company secretaries guarantee enterprises adjust to legal requirements and company documents are accurate. That features reporting changes to your company's statutory specifics and publications, submitting returns and keeping data updated.
(three) An officer or staff of the physique corporate on which a prerequisite is imposed less than part 873 commits an offence if the officer or worker, with intent to defraud, causes or makes it possible for the human body corporate to are unsuccessful to comply with the need.
Of course! By legislation, according to the Providers Ordinance, each individual private company incorporated in Hong Kong need to have a company secretary. You gained’t be able to incorporate with out just one, and also a company is necessary to keep one in the course of its lifetime.
(seven) If a overall body corporate is a member of a holding company of your body corporate, subsection (1) does not stop the body corporate from accepting or holding even further shares in the holding company if These shares are allotted to the human body corporate as absolutely paid up as being a consequence of a capitalization of reserves or profits by the Keeping company. (eight) If a company would make a proposal of shares to its associates, the company— (a) might provide, on behalf of any of its subsidiaries, any such shares which the subsidiary could, but for this part, have taken by virtue of shares within the company that are now held because of the subsidiary; and (b) may well shell out into the subsidiary the proceeds with the sale. (9) Although a body corporate is a member of a Keeping company of your body corporate, it's got no proper to vote at — (a) conferences on the Keeping company; or (b) meetings of any class of users in the Keeping company. (10) Subsection (9) won't utilize if your body corporate is this kind of member during the conditions explained in subsection (2). (11) In this area, a reference to the human body corporate features a nominee for the human body corporate. (twelve) On this part, a reference to shares, in relation to a holding company That may be a company limited by promise or a limiteless company, features the desire of your company’s users, Regardless of the sort of the desire and if the company contains a share cash. Part: 114 Notifying Registrar of rise in variety of associates of company restricted by ensure
Cap 622 - Corporations Ordinance 349 (i) is of A form licensed by any doc constituting or regulating that other enterprise; formation company startup and (ii) is permitted because of the legislation underneath which that other endeavor is set up. (3) In subsection (1)(b), a reference towards the voting legal rights within an endeavor is— (a) in the situation of an endeavor getting a share money, a reference towards the rights provided into the users in regard in their shares; or (b) in the situation of an undertaking not aquiring a share cash— (i) Should the enterprise is required to carry typical meetings at which matters are resolved with the exercising of voting rights, a reference to the legal rights provided to the customers to vote at the general conferences on all matters or on significantly all issues; or (ii) In the event the endeavor will not be necessary to keep these standard conferences, a reference to your rights beneath the enterprise’s constitution to immediate the undertaking’s In general policy or to change the terms of that Structure. (four) For your purposes of subsection (1)(b), an enterprise is actually a member of another endeavor if— (a) an individual performing on behalf of it, or of any of its subsidiary undertakings, holds shares in that other endeavor; or (b) any of its subsidiary undertakings is a member of that other enterprise.