Detailed Notes on company secretary course hong kong

(3) The Registrar ought to enter the new name in the businesses Sign up rather than the previous title. (four) The change of identify has impact from your day on which the new name is entered in the Companies Sign up. (5) Inside of 30 times once the date of getting into The brand new identify in the businesses Register, the Registrar— (a) ought to by discover in composing notify the company of— (i) The reality that a name with the company is changed; (ii) the new name; and (iii) the day on which the change requires influence underneath subsection (4); and (b) ought to by observe in the Gazette notify that reality, the new name Which day. (6) A change of identify beneath this area will not impact any legal rights or obligations in the company or render faulty any legal proceedings by or from it. Any legal proceedings that could have been commenced or ongoing by or in opposition to it by its previous identify may be commenced or continued by or from it by its new name.

Support ons Glassdoor te beschermen door te verifiëren of u een persoon bent. Onze excuses voor het ongemak. Als u dit bericht blijft zien, stuur dan een e-mail naar om ons te informeren above dit probleem. Ayúdanos a proteger Glassdoor

A committed personal with encounter can perform The task just in addition to a company service supplier. Having said that, most of the people won't know somebody who is familiar with how to deal with such issues.

Cap 622 - Businesses Ordinance 69 (2) Company A has secured a minimum of a 90% equity holding in company B if, in consequence of an acquisition or cancellation of equity shares in company B beneath that arrangement, company A retains in combination 90% or even more of your fairness shares in company B (whether all or any with the fairness shares in company B held by company A have been acquired under that arrangement). (three) When the fairness shares in company B are divided into diverse lessons of shares, company A is not really considered to be possessing secured a minimum of a ninety% equity Keeping in company B Until the requirements of subsection (two) are satisfied in relation to every of All those lessons of shares taken separately.

It can be mandatory for all Hong Kong organizations to have a nearby Company Secretary. This specific is responsible for liaising with authorities regulatory bodies when necessary and if there are actually any changes as part of your company composition. Learn more about our Corporate Secretary services.

(2) On the other hand, where the arrangement entails a basic offer you in the that means of area 707 or possibly a takeover supply — (a) the associates comply with the arrangement if— (i) at a gathering in the customers summoned beneath portion 670, users symbolizing at the least seventy five% on the voting rights from the customers current and voting, in human being or by proxy, agree to the arrangement; and (ii) the votes Forged versus the arrangement in the Assembly will not exceed 10% of the total voting legal rights hooked up to all disinterested shares while in the company; (b) a class of members agrees to your arrangement if— (i) at a meeting of The category of customers summoned underneath area 670, associates representing a minimum of seventy five% on the voting rights of The category of members existing and voting, in man or woman or by proxy, agree to the

L.N. 163 of 2013 03/03/2014 (one) If a gathering is summoned under section 670— (a) every single detect summoning the Conference that is sent to a creditor or member has to be accompanied by an explanatory statement complying with subsections (3) and (four); and (b) every discover summoning the meeting that is supplied by advertisement— (i) ought to consist of an explanatory assertion complying with subsections company formation documents (three) and (four); or (ii) ought to state where by and how a creditor or member entitled to go to the Conference could obtain a duplicate in the explanatory statement. (2) If a discover given by advertisement states that a creditor or member entitled to attend the Assembly could acquire a copy of an explanatory assertion, the company will have to supply a duplicate of your assertion, gratis, into a creditor or member applying from the way laid out in the recognize. (3) An explanatory assertion— (a) must describe the outcome on the arrangement or compromise; and (b) should point out— (i) any material interests from the company’s directors, no matter whether as administrators or as customers or as creditors on the company or usually, underneath the arrangement or compromise; and (ii) the outcome with the arrangement or compromise on All those pursuits, in so far as the impact is different in the effect on the like interests of other folks.

(1) This section applies if, at the conclusion of a fiscal year, a company could be the subsidiary of One more undertaking. (2) The company’s financial statements for that monetary 12 months need to contain, while in the notes for the statements— (a) the name with the undertaking regarded by the administrators as becoming the company’s best father or mother enterprise; and (b) the following data relating to that undertaking as regarded to the administrators— (i) if that undertaking can be a body corporate, the region wherein it's incorporated; (ii) if that endeavor will not be a body corporate, the address of its principal area of business. 4. Compliance with applicable accounting expectations

L.N. 163 of 2013 03/03/2014 (1) An auditor’s report will have to state, from the auditor’s opinion— (a) if the economical statements have already been thoroughly ready in compliance using this Ordinance; and (b) in particular, whether the money statements— (i) in the situation of annual economic statements of a company that doesn't tumble within the reporting exemption for your fiscal 12 months, give a legitimate and honest watch of the monetary placement and fiscal performance in the company as expected by portion 380; or (ii) in the situation of once-a-year consolidated financial statements of a company that does not fall within the reporting exemption for the economic yr, provide a genuine and good view on the money posture and economical general performance of the company and all the subsidiary undertakings as required by portion 380.

Company secretaries be certain businesses comply with legal requirements and company information are precise. That features reporting changes to the company's statutory details and publications, filing returns and retaining information current.

(three) A closing report need to be shipped to the Money Secretary in the time directed because of the Money Secretary or, during the absence of Instructions, in just an affordable time soon after it is prepared. (4) An inspector will have to, in just an affordable time following the delivery of the ultimate report to the Financial Secretary, provide on the Registrar for registration a recognize of that simple fact in the specified form. Portion: 857 Interim report or closing report may well protect affairs of connected physique corporate

(3) The Financial Secretary must not appoint a person under subsection (two) to investigate a company’s affairs Until the Monetary Secretary is pleased that it's in the public curiosity to take action. (4) The Economic Secretary might appoint a person less than subsection (2) to investigate a company’s affairs even though the company is inside the course of being wound up voluntarily. Part: 842 Detect of appointment as inspector for being sent to Registrar

L.N. 163 of 2013 03/03/2014 (one) If your ailment specified in subsection (two) is glad, a company is not really prohibited by section five hundred, 501, 502 or 503 from coming into into any transaction— (a) to deliver a director from the company or of the Keeping company on the company with resources to meet expenditure incurred or to be incurred via the director in putting up a defence within an investigation, or towards any motion taken or proposed being taken, by a regulatory authority in reference to any alleged misconduct because of the director in relation to your company or an associated company from the company; or (b) to enable this type of director to prevent incurring this kind of expenditure. (two) The problem is that the transaction in problem is entered into over the phrases— (a) the cash are to become repaid, or any liability with the company incurred in relation to that transaction will be to be discharged, When the director is found in the investigation or action to own dedicated the misconduct; and (b) that the funds are being so repaid, or such legal responsibility is to be so discharged, not afterwards compared to date once the obtaining turns into ultimate.

Your company secretary is responsible for making sure all statutory returns are submitted promptly and accurately. Some of the most typical returns include things like: