Hong Kong Company Formation

Keeping of Significant Controllers Register The Companies (Amendment) Ordinance 2018 ("the Amendment Ordinance") introduces new requirements on the keeping of significant controllers registers by companies. The Amendment Ordinance has commenced operation on 1 March 2018 . To enhance the transparency of corporate beneficial ownership in order to fulfill Hong Kong’s international obligations, the Companies Ordinance (Cap. 622) is amended to require a company incorporated in Hong Kong to obtain and maintain up-to-date beneficial ownership information by way of keeping a Significant Controllers Register. The Register should be open for inspection by law enforcement officers upon demand. Comprehensive information on the Amendment Ordinance, including Frequently Asked Questions, External Circular and Guideline issued by the Companies Registry on the new requirements, are available at this thematic section. Under the Companies (Amendment) Ordinance 201...

They Play Different Roles Company registration, business registration and trademark registration in Hong Kong serve different purposes. They are regulated by different laws and registration systems administered by different government departments. Companies Registry The Companies Registry administers and enforces the Companies Ordinance (Chapter 622, Laws of Hong Kong). The Companies Registry is responsible for providing services for the incorporation of local limited companies and the registration of non-Hong Kong companies which were incorporated outside Hong Kong and have established a place of business in Hong Kong. Business Registration Office The Business Registration Office under the Inland Revenue Department administers the Business Registration Ordinance (Chapter 310, Laws of Hong Kong). The Business Registration Office is responsible for registering businesses carried on by an individual, a partnership, a local limited company or a non-Hong Kong co...

Nowadays, almost every company is seeking for the best company secretary to relieve themselves from an irrelevant burden. Do you know the privilege of having a company secretary? Do you know what they can produce in-house and what are the things which you can bequeath to them? Well! There are plenitudes of offers and services out there when it comes to selecting the right company secretary in Hong Kong . It doesn’t matter whether you are a bootstrap startup or an existing company having years of experience, availing services of a well-qualified company secretary is a need of every company. Below are some of the key points which you should consider while hiring the best company secretary: The hidden experience of managing things The professional experience isn’t merely the thing which you should contemplate. You have to take a peek at their hidden experience of handling various tasks which are related to your work. Choose the one who knows how to take care of the corporate go...

Running a business successfully is a task that demands a number of skills and rigorous efforts from the end of an owner. Every business has a number of departments and teams that accomplish different tasks for the firm. Co-ordination between every team and a department is necessary for the overall enhancement of business profit. Every established and rising businessman often requires the guidance of the experts to outrun the times of business troubles. If you are a citizen of Hong Kong or are thinking of establishing a business there, a Hong Kong company secretary service provider can prove highly beneficial to you. There have come up a lot many Company secretary Hong Kong service providers out there in the market to fulfill the high demand for similar service by businessmen.  The fact that there are a lot many similar service providers makes it further complex to choose a quality service provider for one’s business venture. Following are a few of qualities and services th...

Hong Kong Company Incorporation : | Hong Kong is known to be one of the most favorable global locations, which is located in the heart of Asia. The place has a thriving business environment with a large population and a great GDP per capita. Moreover, Hong Kong has a stable economy and has a vital role to play in the key areas of business for entrepreneurs from different fields. Read on further to find out the main reason to know why it is useful to hire Hong Kong formation services for establishing ones’ business in this invaluable jurisdiction. Favorable business Location People from across the globe are taking an interest in Asia; and Hong Kong, is located in the heart of the continent, is one of the best choices. One can reach out to the key markets of Asia from Hong Kong with an hour-long flight. Hong Kong also plays a vital part in providing access to the Chinese market. The largest manufacturing region, present in the Pearl River Delta is just about a one-hour drive fro...

Hong Kong is referred to be a free economy in the world by the Wall Street Journal and heritage foundation, which makes it the ideal place for business. But to deal with all the complexities of business and run it efficiently under the law is a tough job. This is why in China it is mandatory for every listed business to have a company secretary. To get the best Hong Kong secretarial services for one's business is important as it will ensure the efficient administration of the company. How Hong Kong secretarial services can help your company? A registered company has to follow various legal criteria. They must work under standardized rules and regulations and should be aware that their decision is not going against the law. To engage board members and shareholders meeting annually, to look after the transaction, tax payments; record maintenance and accounting work, and the board decision implementation and supervision, all these complex jobs are supposed to be handled by th...

Hong Kong Secretarial Services : Hong Kong is referred to be a free economy in the world by the Wall Street Journal and heritage foundation, which makes it the ideal place for business. But to deal with all the complexities of business and run it efficiently under the law is a tough job. This is why in China it is mandatory for every listed business to have a company secretary under article 124 of 2005 company law. To get the best Hong Kong secretarial services for one's business is important as it will ensure the efficient administration of the company. How Hong Kong secretarial services can help your company? A registered company has to follow various legal criteria. They must work under standardized rules and regulations and should be aware that their decision is not going against the law. To engage board members and shareholders meeting annually, to look after the transaction, tax payments; record maintenance and accounting work, and board decision implementation and s...

GEEKAYSYS is one of the leading company that is well versed in offering the complete services for Company Formation, Handle accounts and taxation, Annual Maintenance, Handle Bank documents, Virtual office as well as many more. Based on the Hong Kong Companies Ordinance, the company in Hong Kong needs to require the appointment for at least the director having the natural person and the company secretary. When the company has only a single direction then that particular sole director could not be able to easily handle everything in the company so that there is a need for the Hong Kong Secretarial Services for ensuring that your business runs in the much more efficient manner. Role of the Secretarial mainly involves many numbers of things that include handling the financial data and managing everything in the business. Skilled Secretarial Services: When you are looking for the best skilled, experienced and knowledgeable individual who could easily understand everything for the co...

Today, most of the startups or new businesses think that its hard to start their activities due to different records required by corporate experts. With such a large number of necessities to go along, new businesses may think that its difficult to oversee gatherings and issues that may come up. Many issues can occur especially when you are working on a project under a deadline. In this situation, hiring a good personal secretary that can provide you with the best Hong Kong company secretary  can prove out to be a great choice for the development of your new business. Not only they can help you to resolve business issues, but advise you how to use technologies in order to meet your business goals. In this guide, we are going to tell how hiring a personal secretary can help your startup to grow. Read on to find out some useful suggestions:  More purchasing power- Professional secretaries have the ability to know what technology solutions are the best for a company. They h...

If you want to form the company, you have to contact the registration agents ; They have the system that allows you to complete the entire process of the registration. The company formation agents use the company ’ s database like the name list to come up with the new name other than the existing one. In this way, they enable you to form a  company within few seconds  allowing you to proceed with the incorporation. Seychelles company formation  provides a number of benefits to the individuals which helps form a company under the Seychelles offshore laws. S ome of the features of the Seychelles Company Formation are as follows : - Articles and memorandum of association:-  These documents are very essential for  the existence of the company  and contain the details like objectives of the company, authority of the members and the internal process of the company. Incorporation certificate: - The certificate of incorporation is issued by the Regist...