They take care of share allocations and transfers, making sure suitable documentation and compliance with related guidelines.
It is actually mandatory to appoint a company secretary for your company in Hong Kong. Non-compliance can result in fines or authorized action.
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A company secretary ensures that your Hong Kong company operations align with all nearby legal guidelines beneath the Hong Kong Corporations Ordinance. Whether these legal entities are public companies or little private providers, secretaries are still necessary for legal and administrative matters.
For example, Should your company has two directors and is largely dormant with limited paperwork, creating certainly one of the directors the company secretary may be the most cost effective option.
You are able to, in fact, submit an application for the doorway carried out from the Indian Institute of Company Secretaries within the nationwide level Soon after you entire your class twelfth.
What form ought to I take advantage of to report a modify in particulars of company secretary? What's the prescribed time for shipping of the shape?
Candidates who've accomplished their graduation/ postgraduation are suitable to apply for the programme without needing to take the CSEET exam.
A non-Hong Kong resident might be appointed as being a director of an area constrained company. However, the company secretary, that is a organic person, really should ordinarily reside in Hong Kong. For company secretary which can be a system corporate, its registered Business office or location of small business needs to be in Hong Kong.
As mentioned while in the Hong Kong Company Ordinance, a company can't carry on to complete the incorporation method Except if they may have discovered the corporate secretary within the registration documents.
A person (natural man or woman) that plays the role of company secretary needs to be a Hong Kong resident. This unique can be quite a director in the company and also act as being the company secretary if there is more than one director.
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