5 Easy Facts About company secretary license hong kong Described
5 Easy Facts About company secretary license hong kong Described
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timely submitting of correct statutory information and facts; routine maintenance and update of any improvements on the Registry (e.g.
It is necessary to appoint a company secretary for your organization in Hong Kong. Non-compliance may lead to fines or legal motion.
Both the designations have far better position opportunities. A task of a CA and CS is a very integral element inside a company. Even so, a CA course is tougher than a CS course and CAs are in more demand from customers in India and overseas on account of a broader job scope, abilities and competencies.
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Even though their positions are occasionally utilized interchangeably, the role of corporate secretaries is clerical, even though admin assistants carry out past the perform. As a result, the appointment varies on the specificity of duties together with its extension.
A company secretary in Hong Kong functions as being a company’s representative inside the region, ensuring that a company’s functions are managed following the Hong Kong Providers Ordinance.
The company secretary has the status of officer of your company it can be performing for. With this regard, the company secretary has duties and can be held answerable for its actions or omissions. The duties of your company secretary range from advisory duties to fiduciary duties and duties of care, ability and diligence.
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In Hong Kong, the company secretary could possibly be a person or maybe a Hong Kong registered system corporate performing as company secretary HK. Nonetheless, a listed company (below LR three.28) can have only an individual company secretary.
A non-Hong Kong resident is usually appointed like a director of an area restricted company. Having said that, the company secretary, who is a normal person, really should ordinarily reside in Hong Kong. For company secretary that is a overall body corporate, its registered Place of work or position of business formation company startup needs to be in Hong Kong.
Apply for an additional department registration certificate(s) for your location which truly carrying on any organization in Hong Kong
As soon as the KYC procedures are already accomplished, The brand new incoming company secretary service will put together all important files to get rid of The existing outgoing company secretary and appoint by themselves as The brand new company secretary. These files will should be signed by one among the administrators within your company.
The candidate must register Using the Board of Experiments and complete the essential four months of instruction.
A company secretary should be dedicated to satisfying their duties and obligations, making sure that the company is working efficiently, and acting while in the organisation's finest interests.