Detailed Notes on company secretary course hong kong

The economical statements to get a money 12 months ought to point out— (a) whether or not they have already been well prepared in accordance While using the applicable accounting standards throughout the this means of part 380; and (b) if they've not been so geared up, the particulars of, and The explanations for, any content departure from Individuals benchmarks. Component two

(two) The Registrar may do the act, or induce the act to be accomplished, given that the company’s or perhaps the liquidator’s or provisional liquidator’s agent. (three) The Registrar may possibly execute or indication any suitable instrument or document, including a memorandum stating that the Registrar has completed so since the company’s or perhaps the liquidator’s or provisional liquidator’s consultant. (4) An instrument or doc executed or signed because of the Registrar beneath subsection (three) has the same result as if the company, if nonetheless current, had executed the instrument or document. Part: 758 Former director need to maintain dissolved company’s guides and papers for 6 many years

A company secretary is needed to execute unique regulatory capabilities inside a company. They're also required like a mandate in the Hong Kong Government. Company directors trust in the company secretary to identify and solve compliance concerns.

L.N. 163 of 2013 03/03/2014 (one) If a registered non-Hong Kong company is served by using a observe under portion 780(one) to get a corporate identify or for an authorised name in relation to some corporate name, the company might utilize, in writing, to your Registrar for approval of One more title, in relation towards the corporate name, underneath which the company is to hold on small business in Hong Kong. (two) An software must be delivered to the Registrar. (3) On acquiring an software for approval of a name, the Registrar should approve the identify Except if pleased which the identify— (a) is similar to or is simply too like— (i) a name that seems, or must have appeared, within the Index of Company Names; or (ii) the name of the physique corporate incorporated or founded less than an Ordinance; or (b) gives so deceptive an indication of the character in the registered non-Hong Kong company’s functions in Hong Kong as for being likely to result in damage to the general public.

(2) For the objective of implementing this Ordinance to a company stated in subsection (one), a reference Within this Ordinance towards the day of registration is always to be read through as the day on which the company was registered beneath the previous Organizations Ordinance.

(four) In case the duplicate or memorandum is kept at a location in addition to the company’s registered office, the company have to notify the Registrar of the position, or any change inside the location, at which the duplicate or memorandum is saved. The recognize need to be in the desired kind and delivered to the Registrar for registration in 15 times once the copy or memorandum is initially kept at that area or in just 15 days after the change (as the situation may be). (5) If a company contravenes subsection (two) or (three), the company, and each dependable human being in the company, commit an offence, and every is liable to your great at stage 3. (6) If a company contravenes subsection (4), the company, and every accountable individual on the company, commit an offence, and each is liable into a great at level three and, in the situation of a continuing offence, to an additional fantastic of $300 for day after day for the duration of which the offence continues.

L.N. 163 of 2013 03/03/2014 (one) With no prescribed acceptance of its associates, a company should not create a payment for lack of Business office to the director or former director on the company. (2) Without the prescribed approval of its users and also the prescribed acceptance in the Keeping company’s users, a company ought to not make a payment for lack of Workplace into a director or previous director of a holding company on the company. (3) Regardless of subsection (2)— (a) a company may possibly enter in the transaction with only the prescribed acceptance of its users If your holding company is incorporated outdoors Hong Kong; and (b) a company may well enter into your transaction with just the prescribed approval in the Keeping company’s users whether it is an entirely owned subsidiary with the holding company, plus the Keeping company is incorporated in Hong Kong.

(two) With no prescribed acceptance of its associates as well as prescribed approval with the Keeping company’s customers, a specified company have to not— (a) produce a quasi-loan to a director of the holding company of your company; or

(1) A reference inside of a continuing provision into the nominal sum or nominal price of a share is, in relation to any interval on or following the commencement date* of part one hundred thirty five, a reference towards the nominal total or nominal value of the share immediately ahead of that commencement date*, and also a reference to share quality is always to be construed appropriately. (two) A reference inside of a continuing provision to the company’s share high quality account or funds redemption reserve is, in relation to any interval on or after the commencement day* of section 135, a reference into the company’s share quality account or cash redemption reserve immediately just before that commencement date*.

Cap 622 - Providers Ordinance 233 (a) the company’s registered Place of work; or (b) a prescribed put. (two) A company need to notify the Registrar with the put at which the sign up of users is retained. The notice need to be in the specified form and delivered to the Registrar formation company in latvia for registration inside 15 times once the sign up is initial kept at that put. (3) A company should notify the Registrar of any change (other than a change from the deal with in the company’s registered Place of work) within the position at which the register of members is held. The detect need to be in the desired type and delivered to the Registrar for registration inside fifteen times following the change. (4) Subsection (two) would not need a company to notify the Registrar in the spot at which the sign up of customers is retained— (a) if, in the situation of a register that arrived into existence on or once the commencement day* of the portion, it has all of the time been retained on the company’s registered Business office; or (b) if— (i) promptly ahead of that commencement day*, the company saved a register for your uses of area ninety five on the predecessor Ordinance; and (ii) on and after that commencement day*, that register is held like a sign up of associates for the reasons of segment 627 for the place at which it absolutely was stored quickly before that commencement day*.

Part: 522 Man or woman must not make payment for lack of Business office to director or previous director in connection with transfer of company’s endeavor or home

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(seven) If a overall body corporate is usually a member of the Keeping company of your body corporate, subsection (1) doesn't avoid the human body corporate from accepting or Keeping additional shares inside the holding company if Individuals shares are allotted to your body corporate as fully paid up like a consequence of a capitalization of reserves or revenue with the holding company. (8) If a company helps make an offer of shares to its customers, the company— (a) could sell, on behalf of any of its subsidiaries, any such shares that the subsidiary could, but for this part, have taken by virtue of shares from the company that happen to be presently held via the subsidiary; and (b) may possibly spend into the subsidiary the proceeds in the sale. (9) Although a system corporate can be a member of the holding company of the body corporate, it's no suitable to vote at — (a) meetings with the Keeping company; or (b) meetings of any course of members of your Keeping company. (ten) Subsection (nine) does not use if your body corporate is this kind of member in the situation explained in subsection (two). (eleven) In this particular part, a reference to some entire body corporate includes a nominee for the body corporate. (12) In this particular portion, a reference to shares, in relation to the Keeping company That could be a company restricted by assure or a limiteless company, contains the curiosity with the company’s associates, Regardless of the sort of the fascination and whether the company incorporates a share money. Area: 114 Notifying Registrar of increase in amount of members of company limited by assurance

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