Category: Running business in HK
In November 2014, AdBeyond (Group) Limited (CR No. : 1119360) was prosecuted by the Companies Registry and convicted at the Eastern Magistrates’ Courts under section 158(4) of the predecessor Companies Ordinance (i.e. the Companies Ordinance, Cap.32, as in force before the commencement of the Companies Ordinance, Cap. 622) for failing to notify the Registrar of […]
In February 2019, LAM WAI KEUNG, as a director of MY FAIR BEAUTY LIMITED (CR No. 1931404) (“the Company”), was prosecuted by the Companies Registry and convicted at the Eastern Magistrates’ Courts (i) under section 610(1) of the Companies Ordinance, Cap. 622 (“the Ordinance”) for failing to hold annual general meetings of the Company for […]
Shareholder—-Must at least has one shareholder. A shareholder can be a natural person being whatever nationality or a corporation whichever country it incorporated in. Director—-Must at least has a natural person to fill up the position of director. Any person who achieves the age of 18 and with a sound mind can be a director […]
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Is audit compulsory to a Hong Kong Company ?
Is audit compulsory to a Hong Kong Company ? Yes, according to Companies Ordinance (Cap 622 Company Law), each Hong Kong company incorporated under Companies Ordinance, it’s financial statements must be audited by an independent auditor annually. The first auditor report shall be prepared not later than 18 months since the company’s incorporation date. The […]
When do you need a document to be certified ? 1. Opening bank accounts in Hong Kong or overseas 2. Set up a company in Hong Kong Who is qualified person to do a certified true copy to Identity or company documents ? Generally, lawyer in public practice or Certified Public Accountant (Practising), are eligible […]