hong kong company secretary exam Secrets

hong kong company secretary exam Secrets

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(5) Someone commits an offence if the individual, with intent to defraud, in purported compliance that has a necessity imposed on the individual under Subdivision four— (a) generates any report or document that is fake or deceptive in a material specific;

A Hong Kong company secretary’s duties and obligations are varied. It ranges from administrative to management capabilities. The next are a number of the Principal responsibilities on the corporate secretary:

A committed person with working experience can do the job just in addition to a company service supplier. However, plenty of people will not know somebody who appreciates how to deal with such issues.

Sections 90 and 348C(three) from the predecessor Ordinance, as in drive promptly just before their repeal— (a) continue on to apply in relation to the request obtained by a company ahead of the commencement date* of portion 355 for inspecting a sign up of rates or copies of instruments developing a cost; and

A company secretary in Hong Kong is a crucial ingredient of a agency’s growth and prolonged-time period viability. There are plenty of main reasons why you need to appoint a company secretary in Hong Kong. Here are a few essential explanation why You'll need a company secretary.

(two) However, where the arrangement includes a basic provide throughout the meaning of part 707 or perhaps a takeover present — (a) the customers comply with the arrangement if— (i) at a gathering with the associates summoned underneath section 670, users symbolizing at the least 75% on the voting rights on the associates current and voting, in individual or by proxy, agree to the arrangement; and (ii) the votes cast towards the arrangement for the Conference do not exceed 10% of the total voting rights hooked up to all disinterested shares in the company; (b) a class of members agrees to your arrangement if— (i) at a meeting of The category of users summoned less than segment 670, members symbolizing not less than 75% in the voting legal rights of The category of customers present and voting, in person or by proxy, conform to the

You should provide the Content of Association and incorporation variety to the registry of companies. 

L.N. 163 of 2013 03/03/2014 (1) The Registrar may possibly by see in crafting immediate a company to change, within the time period specified in the notice, a reputation underneath which the company is restored to the Companies Sign up underneath this Division if— (a) the identify is, as at time of the restoration, the same as or from the Registrar’s viewpoint far too like a identify that appeared or should have appeared during the index of names saved beneath portion 22C in the predecessor Ordinance or from the Index of Company Names; or (b) the title is, as at time from the restoration, the same as or inside the Registrar’s opinion also just like a title of the human body corporate incorporated or established beneath an Ordinance.

If, quickly prior to one September 1991, a company was licensed by a provision of its content articles to apply its unrealized income in spending up, in comprehensive or in part, unissued shares for being allotted on the associates as entirely or partly compensated reward shares, that provision proceeds (subject matter to any alteration with the articles) as authority for all those income to become so applied after that date. Component seven

(two) For that functions of the Ordinance, an endeavor is usually a guardian undertaking of One more enterprise if it has the best to exercise a dominant impact over that other endeavor by advantage of— (a) the provisions contained in almost any doc constituting or regulating that other undertaking; or (b) a agreement in composing that—

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(three) To the needs of this Schedule— (a) a right held by somebody in a very fiduciary ability is usually to be considered not getting held by the individual; and (b) a suitable held by an individual as nominee for another should be to be viewed as getting held by that other. (four) To the purposes of the Routine, a ideal is usually to be thought to be being held by somebody as nominee for another whether it is exercisable only around the Recommendations, or With all the consent, of that company formation agents other. (five) For the uses of the Plan, a right attached to shares held By the use of stability is always to be thought to be becoming held by the person providing the security— (a) if, except where the best is exercised for the goal of preserving the worth of the safety or of

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Cap 622 - Firms Ordinance 182 Portion: 488 Director or former director linked to human body corporate L.N. 163 of 2013 03/03/2014 (1) For your functions of this Part, a director or former director is associated with a physique corporate if— (a) the director or previous director, or any a number of of the entities specified in subsection (three), or maybe the director or previous director together with any a number of of All those specified entities, are entitled to exercising, or Management the workout of, a lot more than 30% with the voting electricity at any common Conference of that human body corporate; or (b) the directors, or maybe a greater part of the directors, of that overall body corporate are accustomed to act in accordance Together with the directions or Recommendations of— (i) the director or former director; or (ii) an entity linked With all the director or previous director. (two) In this particular section, a reference to voting power the exercising of and that is managed by a director or previous director, or by an entity specified in subsection (three), contains voting ability the exercising of which can be managed by A further entire body corporate if the director or former director, or any one or more of the specified entities, or perhaps the director or previous director along with any a number of of the desired entities, are entitled to training, or control the workout of, in excess of fifty% of your voting energy at any basic meeting of that other entire body corporate.