5 Simple Techniques For company secretary hong kong company ordinance
5 Simple Techniques For company secretary hong kong company ordinance
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L.N. 163 of 2013 03/03/2014 (one) With no prescribed acceptance of its customers, a company should not— (a) consider element within an arrangement underneath which— (i) Yet another individual enters into a questionable transaction which has a director in the company, a physique corporate managed by such a director, or an entity linked with this kind of director; and (ii) that other person, pursuant for the arrangement, has received or is to get any benefit from the company or an involved company from the company; or (b) organize for an assignment for the company, or assumption from the company, of any rights, obligations or liabilities beneath a questionable transaction entered into by Yet another human being with— (i) a director of your company; (ii) a body corporate managed by this kind of director; or (iii) an entity linked with this kind of director. (two) With no prescribed approval of its users along with the prescribed approval of your Keeping company’s members, a company will have to not— (a) take aspect within an arrangement below which— (i) Yet another man or woman enters right into a questionable transaction which has a director of a Keeping company with the company, a human body corporate managed by such a director, or an entity linked with this type of director; and (ii) that other particular person, pursuant for the arrangement, has acquired or is to acquire any reap the benefits of the company or an related company with the company; or (b) organize for an assignment to your company, or assumption because of the company, of any rights, obligations or liabilities beneath a questionable transaction entered into by An additional person with— (i) a director of the holding company from the company; (ii) a overall body corporate managed by this kind of director; or (iii) an entity connected with such a director.
(2) The Registrar may well do the act, or cause the act for being done, as the company’s or perhaps the liquidator’s or provisional liquidator’s representative. (3) The Registrar may well execute or sign any suitable instrument or doc, adding a memorandum stating which the Registrar has finished so since the company’s or the liquidator’s or provisional liquidator’s representative. (four) An instrument or doc executed or signed from the Registrar less than subsection (three) has precisely the same outcome as In the event the company, if nevertheless existing, experienced executed the instrument or doc. Segment: 758 Former director ought to hold dissolved company’s textbooks and papers for six yrs
Cap 622 - Providers Ordinance 210 (a) a resolution getting rid of an auditor before the conclude of the auditor’s phrase of Business; or (b) a resolution eliminating a director prior to the conclusion of the director’s term of Business office.
L.N. 163 of 2013 03/03/2014 (1) If a registered non-Hong Kong company is served by using a see beneath area 780(1) for a corporate identify or for an accepted identify in relation into a corporate identify, the company may implement, in writing, towards the Registrar for acceptance of Yet another title, in relation towards the corporate title, underneath which the company is to carry on business in Hong Kong. (2) An application has to be shipped to the Registrar. (three) On receiving an application for acceptance of a name, the Registrar must approve the name Except if pleased which the identify— (a) is the same as or is just too like— (i) a reputation that seems, or ought to have appeared, from the Index of Company Names; or (ii) the identify of a body corporate incorporated or founded below an Ordinance; or (b) provides so deceptive a sign of the character from the registered non-Hong Kong company’s actions in Hong Kong as being prone to induce harm to the public.
It is mandatory for all Hong Kong companies to possess a community Company Secretary. This personal is answerable for liaising with government regulatory bodies when desired and if there are any changes within your company structure. Find out more about our Corporate Secretary services.
(eight) A one that commits an offence less than subsection (7) is liable to some fine at degree five and, in the situation of the continuing offence, to an additional fine of $one thousand for each day through which the offence continues. (9) A contravention of subsection (two) would not have an impact on the validity of the debentures issued. (10) With this portion, a reference to some time on the development of a demand is really a reference to time of execution of— (a) the instrument by reference to which the demand is specified; or (b) if there's no this sort of instrument, the 1st debenture with the collection. Section: 342 Company or registered non-Hong Kong company should register particulars texas limited liability company formation of Fee and so on. in relation to debentures
You will need a checking account to get cash and spend your invoices. We companion up with HSBC, the biggest financial institution in Hong Kong, as well as other standard banking companies.
leg. C), as in force straight away ahead of its repeal, continues to apply in relation to your petition to verify an alteration inside a memorandum introduced beneath area 8 of your predecessor Ordinance getting a continuing effect beneath subsection (one). seven. Alteration of selected situations of memorandum of association
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(4) In this particular portion— specified incumbent(指明在任人) implies— (a) the one who is the final auditor on the company and whose expression of Business office as auditor has expired; or (b) the person whose phrase of Business office as auditor will expire— (i) at the end of the final Assembly; or (ii) at the end of the appointment period of time in relation towards the economical calendar year concerned. Part: 401 Copies of composed resolution for appointment should be despatched to new and old auditors
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On and once the commencement date* of section 648, a sign-up of directors and secretaries kept by a company