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...

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...