Portion: 354 Notification of place exactly where register of rates is kept L.N. 163 of 2013 03/03/2014 (one) A company or registered non-Hong Kong company must notify the Registrar from the put at which the sign up of prices is saved. The discover needs to be in the required kind and sent to the Registrar for registration inside of fifteen times following the register is to start with retained at that area. (2) A company or registered non-Hong Kong company need to notify the Registrar of any change (besides a change with the deal with in the company’s registered Place of work or registered non-Hong Kong company’s principal spot of organization in Hong Kong) from the area at which the sign-up of prices is stored. The notice has to be in the specified sort and delivered to the Registrar for registration within 15 times after the change. (three) Subsection (1) won't demand a company or registered non-Hong Kong company to inform the Registrar from the put at which the sign-up of expenses is held— (a) if, in the case of the register that came into existence on or following the commencement day* of the portion, it's at all times been held at— (i) the company’s registered Workplace; or (ii) the registered non-Hong Kong company’s principal place of small business in Hong Kong; or (b) if— (i) right away right before that commencement date*, the company or registered non-Hong Kong company retained a sign up for your uses of section 89 on the predecessor Ordinance; and (ii) on and following that commencement date*, that register is stored to be a register of costs for your reasons of area 352(one) or 353(one) in the area at which it absolutely was stored promptly right before that commencement

L.N. 163 of 2013 03/03/2014 (one) The Court docket may possibly, on application by any person, by get direct the Registrar to rectify any info on the businesses Register or to get rid of any information from it Should the Court is content that— (a) the information derives from everything that— (i) is invalid or ineffective; or (ii) has been done without the company’s authority; or (b) the knowledge— (i) is factually inaccurate; or (ii) derives from nearly anything that's factually inaccurate or forged. (2) If, in relation to an application for your reasons of subsection (one), a doc exhibiting the rectification is submitted Using the Courtroom, the Court docket might demand the Registrar to rectify the information by registering the doc. (3) This area does not apply When the Court is especially empowered beneath almost every other Ordinance or any other provision of the Ordinance to handle the rectification of the knowledge on or perhaps the removal of the information from the businesses Sign up.

A company secretary is necessary to carry out certain regulatory functions in the company. They're also essential like a mandate from the Hong Kong Govt. Company directors rely on the company secretary to establish and solve compliance concerns.

Cap 622 - Organizations Ordinance 290 (ii) a whole new Chinese name that is made of the Chinese figures “公司註冊編號” as its prefix, followed by the registration amount of the company as said during the certification of incorporation. (three) The Registrar should enter the new identify in the Companies Register rather than the previous name. (4) The change of name has impact from your date on which The brand new title is entered in the businesses Sign-up. (five) In thirty times once the date of moving into the new title in the businesses Sign-up, the Registrar— (a) should notify the company in composing of— (i) The point that the title on the company has actually been changed; (ii) the new title; and (iii) the day on which the change takes outcome under subsection (3); and (b) need to publish a discover of that actuality, the new identify and that date while in the Gazette. (6) A change of identify less than this section does not have an impact on any rights or obligations of your company or render defective any lawful proceedings by or towards it. Any lawful proceedings that could have been commenced or ongoing by or towards it by its former identify could be commenced or ongoing by or versus it by its new name. Area: 773 Effect of restoration on bona vacantia residence or proper L.N. 163 of 2013 03/03/2014 (one) The federal government could eliminate or usually cope with any residence or right vested in it underneath section 752(1), or an fascination within the residence or appropriate, in a similar way as it could dispose of or normally handle some other assets or proper vested in it as bona vacantia, Though the company can be restored to the Companies Register below this Division or segment 290 of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap 32).

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(5) The directors of the company have to not specify a whole new accounting reference date in relation to an accounting reference interval In order to extend the period of time to more time than 18 months. (six) The administrators of the company have to not specify a fresh accounting reference date in relation to The present or earlier accounting reference period In order to extend that period of time if— (a) All those administrators have specified a whole new accounting reference date in relation to an before accounting reference time period In order to extend that ancient times; and (b) the earlier accounting reference interval ended in just 5 decades before the new accounting reference day is specified. (7) Subsection (six) does not implement if— (a) The brand new accounting reference date to become specified by the administrators coincides With all the accounting reference day of a Keeping company in the company; or (b) the specification is authorized by a associates’ resolution. (eight) If a company contravenes subsection (2), the company, and each responsible particular person from the company, commit an offence, and every is liable to some great at degree three and, in the situation of a continuing offence, to an additional great of $300 for every single day in the course of which the offence carries on. (nine) Within this part— previous accounting reference time period(對上的會計參照期), in relation to some company, implies the accounting reference duration of the company instantly previous the company’s latest accounting reference period. Component: Division: nine four Preparing of monetary Statements and Administrators’ Stories

As a company owner, you’ll need to submit two reports and a person audit each and every year. Even In case you have no transactions, you continue to should submit annual reports: get ready unaudited accounts, have an external auditor assessment them, and file Earnings Tax Return.

Cap 622 - Providers Ordinance a hundred and sixty (i) was billed While using the responsibility of making sure that subsection (one) was complied with; and (ii) was in a position to discharge that responsibility; and (b) It's not a defence to determine the fiscal statements or report wasn't actually organized as essential by this Ordinance. Section: 430 Company ought to deliver copies of monetary statements and so forth. to users ahead of general Assembly

L.N. 163 of 2013 03/03/2014 (1) An auditor’s report have to state, from the auditor’s viewpoint— (a) if the money statements happen to be properly well prepared in compliance with this Ordinance; and (b) specifically, if the monetary statements— (i) in the situation of yearly money statements of a company that does not fall in the reporting exemption with the money yr, give a legitimate and fair perspective on the economic position and economical performance with the company as needed by portion 380; or (ii) in the case of once-a-year consolidated money statements of the company that doesn't tumble inside the reporting exemption for that monetary 12 months, provide a real and fair watch with the economic situation and monetary functionality of your company and each of the subsidiary undertakings as expected by section 380.

Cap 622 - Businesses Ordinance 233 (a) the company’s registered Workplace; or (b) a prescribed place. (two) A company ought to notify the Registrar with the spot at which the register of associates is kept. The see need to be in the specified variety and sent to the Registrar for registration in 15 times following the register is initially stored at that location. (3) A company will have to notify the Registrar of any change (other than a change with the deal with of your company’s registered Business office) within the location at which the sign-up of users is stored. The see have to be in the specified form and shipped to the Registrar for registration within just 15 days following the change. (four) Subsection (two) does not require a company to notify the Registrar with the put at which the sign up of users is stored— (a) if, in the case of the sign-up that came into existence on or once the commencement day* of this area, it's constantly been kept at the company’s registered Business; or (b) if— (i) straight away just before that commencement date*, the company saved a sign up for your uses of segment 95 in the predecessor Ordinance; and (ii) on and after that commencement date*, that sign-up is kept like a sign-up of customers for that applications of portion 627 at the area at which it had been stored straight away just before that commencement date*.

Cap 622 - Companies Ordinance 228 (2) A company should give observe of a resolution if it's acquired requests that it do this from— (a) the customers of your company symbolizing at least two.five% of the overall voting legal rights of many of the customers which have a right to vote on the resolution in the annual general Conference to which the requests relate; or (b) at least 50 members who have a right to vote on the resolution in the annual common meeting to which the requests relate.

L.N. 163 of 2013 03/03/2014 (1) This part has outcome if a permitted indemnity provision is made for any director of a company, and applies— (a) to that company (if the provision is produced by that company or an connected company of that company); and (b) Should the provision is produced by an linked company, to that related company. (two) A company to which this area applies should continue to keep the next at its registered Workplace or at a location prescribed by rules made underneath segment 657— (a) a replica from the permitted indemnity provision; (b) Should the provision is just not formation company login in creating, a published memorandum environment out the phrases from the provision. (three) The company— (a) must keep the duplicate or memorandum for at least 1 12 months following the day of termination or expiry of your provision; and (b) must preserve the copy or memorandum accessible for inspection all through that time.

L.N. 163 of 2013 03/03/2014 (one) A member of the repurchasing company may well, on or prior to the day on which recognize of an authorizing meeting of your company is specified, give see to each other member on the company that the member will likely not tender any shares held via the member to generally be acquired again through the company underneath the final provide. (2) A non-tendering member will not be entitled to tender any shares held from the member for being acquired again from the repurchasing company beneath the final give even when offering extends to those shares.

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