The best Side of hong kong corporate secretary
(three) The Registrar should enter the new identify in the businesses Sign-up in place of the previous identify. (4) The change of title has effect from the day on which The brand new name is entered in the businesses Register. (5) In thirty days after the day of getting into the new title in the Companies Sign up, the Registrar— (a) must by discover in creating notify the company of— (i) the fact that a reputation of your company has been changed; (ii) The brand new name; and (iii) the date on which the change will take effect below subsection (4); and (b) should by discover from the Gazette notify that truth, The brand new identify and that day. (six) A change of name beneath this part won't influence any rights or obligations in the company or render faulty any authorized proceedings by or from it. Any legal proceedings that might have been commenced or continued by or from it by its former identify may be commenced or continued by or versus it by its new identify.
L.N. 163 of 2013 03/03/2014 (1) The Courtroom could, on application by any person, by buy immediate the Registrar to rectify any info on the businesses Register or to eliminate any details from it In the event the Court docket is content that— (a) the knowledge derives from nearly anything that— (i) is invalid or ineffective; or (ii) has long been completed with no company’s authority; or (b) the information— (i) is factually inaccurate; or (ii) derives from just about anything that may be factually inaccurate or forged. (2) If, in relation to an software for your uses of subsection (one), a document exhibiting the rectification is submitted with the Courtroom, the Court docket could require the Registrar to rectify the knowledge by registering the doc. (3) This portion would not utilize if the Courtroom is specially empowered less than some other Ordinance or some other provision of the Ordinance to deal with the rectification of the data on or the elimination of the knowledge from the Companies Sign-up.
Section: 468 Avoidance of provisions safeguarding director from legal responsibility L.N. 163 of 2013 03/03/2014 (1) This portion relates to a provision contained inside of a company’s articles or blog posts, or inside of a deal entered into by a company, or if not. (2) If a provision purports to exempt a director of your company from any liability that might otherwise attach into the director in connection with any negligence, default, breach of obligation or breach of have confidence in in relation on the company, the provision is void. (three) If, by a provision, the company instantly or indirectly gives an indemnity for your director with the company, or even a director of the involved company with the company, versus any legal responsibility attaching to your director in reference to any negligence, default, breach of responsibility or breach of trust in relation for the company or affiliated company (as the situation may be), the provision is void. (4) Subsection (3) does not prevent a company from taking out and trying to keep in power insurance plan for just a director of your company, or simply a director of an affiliated company from the company, versus— (a) any legal responsibility to any person attaching towards the director in reference to any carelessness, default, breach of duty or breach of trust (except for fraud) in relation into the company or connected company (as the situation can be); or (b) any liability incurred through the director in defending any proceedings (regardless of whether civil or legal) taken against the director for any negligence, default, breach of obligation or breach of have confidence in (such as fraud) in relation towards the company or linked company (as the case may be).
In accordance with the company secretary requirement Hong Kong, a company secretary is usually recommended to become a member of HKCGI.
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Remarks: Not still in operation (1) The Court docket may well make an get for the disclosure from the Registrar of a safeguarded deal with— (a) if— (i) There is certainly evidence which the service of documents at the relevant correspondence tackle of your director is just not helpful to carry them for the notice with the director; or (ii) it's important or expedient with the protected handle being disclosed in reference to the
As a company proprietor, you’ll really need to post two experiences and one particular audit each and every year. Even In case you have no transactions, you continue to must submit yearly experiences: get ready unaudited accounts, have an external auditor critique them, and file Gain Tax Return.
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designate at the very least just one individual as its consultant to supply help relating to the company's Major Controllers Register to a regulation enforcement officer.
(three) An officer or personnel of a physique corporate on which a need is imposed under part 873 commits an offence Should the officer or employee, with intent to defraud, results in or enables your body corporate to fall short to adjust to the prerequisite.
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Cap 622 - Companies Ordinance 182 Part: 488 Director or previous director connected to entire body corporate L.N. 163 of 2013 03/03/2014 (1) For your purposes of this Element, a director or former director is related to a entire body corporate if— (a) the director or previous director, or any one or more of the entities specified in subsection (three), or even the director or former director together with any a number of of those specified entities, are entitled to exercise, or control the training of, in excess of thirty% with the voting electric power at any general meeting of that human body corporate; or (b) the administrators, or perhaps a the your company formation vast majority of the administrators, of that physique corporate are accustomed to act in accordance Using the Instructions or instructions of— (i) the director or previous director; or (ii) an entity connected Along with the director or previous director. (two) On this part, a reference to voting energy the exercise of and that is controlled by a director or previous director, or by an entity laid out in subsection (3), involves voting power the exercising of and that is controlled by another human body corporate if the director or previous director, or any a number of of the required entities, or even the director or former director along with any a number of of the required entities, are entitled to exercising, or Command the exercise of, a lot more than 50% from the voting energy at any typical Assembly of that other body corporate.