A Simple Key For company secretary duties hong kong Unveiled

622) offers that no non-public company owning only one director could have a system corporate as its company secretary if the only director of that overall body corporate can also be the only director with the non-public company.

The company secretary in Hong Kong has quite a few considerable roles to Enjoy in administration and governance matters of the company. It incorporates the maintenance of statutory books, making ready the minutes of board meetings, submitting of yearly returns, and making sure that the company is in compliance Using the requirements of the businesses Ordinance together with all other rules and laws of Hong Kong. Important tasks of a company secretary include:

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Candidates who would like to much better their career opportunities, boost their salary, upgrade their social status, and boost their competencies can pursue the underneath mentioned courses immediately after CS:

Area 474 of the businesses Ordinance should be followed if the registrar appoints the company secretary.

A personal community minimal company must have no less than one director that's a pure man or woman and one company secretary. The sole director can not act because the company secretary of precisely the same company.

In the following paragraphs, we examine the part and obligations of the corporate secretary and provide you with the essential factors to take into account when appointing one particular.

The key function of this section should be to dispel any misconceptions amongst Chartered Accountancy and CS for anybody seeking to select which plan is best for them.

In corporate organisations, company secretaries maintain prestigious positions of authority. A certified CS has the potential to get paid a considerable revenue primarily based on their own qualifications, techniques, and practical experience.

CS Specialist Course - The CS Skilled course features a fiscal management and tax element that calls for a foundational idea of the topic in conjunction with fundamental math capabilities.

In the situation of the overall body corporate, that Company need to have its registered Business office or a location of organization located in Hong Kong

When the KYC procedures have already been finished, the new incoming company secretary service will get ready all needed documents to eliminate The present outgoing company formation services company secretary and appoint on their own as The brand new company secretary. These paperwork will have to be signed by among the directors within your company.

Briefly, Hong Kong Company Secretary Services are quite vital for almost any company, In particular the ones that get incorporated in Hong Kong but have their management directed somewhere else. These activities are frequently outsourced to professional corporate service companies that may offer a gamut of services pertaining to company formation and registration, which shall include things like assistance inside the putting together of recent businesses in Hong Kong by aiding in acquiring important certificates of business registration. Statutory document retaining: Preserving the statutory guides of your company up-to-day and appropriately filing With all the Hong Kong Corporations Registry.

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