Section 456 of the Companies Ordinance (Cap. 622) sets out the restriction on corporate directorship in public organizations, corporations confined by guarantee and private businesses which can be customers of a bunch of corporations of which a mentioned company is usually a member.
A company secretary in Hong Kong is essential for incorporating and running a Hong Kong company, as well as their presence is actually a lawful requirement.
Keeping abreast of regulatory tendencies, in addition to shopper and investor requires, is important to the purpose of company secretary, partly so they can enable their organisation proactively regulate tactic.
Performing as some extent of Call between your company and authorities entities, retaining all stakeholders up-to-date on govt rules and restrictions.
The company secretary syllabus at The manager level involves two teams with a total of seven papers.
A CS will help with just that and With all the way the planet is heading towards improvements, digital transformations, etcetera., and IPR rules are obtaining much better, a CS will Engage in a major purpose.
Suggestion: It's not necessarily unheard of to generate the registered address at the identical tackle as your company secretary, as this facilitates the Procedure of your company and aids you lessen costs from the Procedure.
The company secretary course executive amount syllabus and subjects are grouped into two teams to inculcate principles, legislation, and interpretation at the executive stage. On this context, the arrangement of papers in Team 1 of The manager Programme continues to be built with consideration for that important things of "Ease of Mastering," "Balancing of Theoretical/Legal and Functional Papers," and "Reinforcing essential concepts pertinent into the papers in Team two.
Attending board conferences and having minutes, and making sure that all resolutions and decisions produced by the board are correctly recorded.
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As a business owner, you’ll ought to post two reports and just one audit every year. Even In case you have no transactions, you continue to need to submit once-a-year experiences: get ready unaudited accounts, have an exterior auditor review them, and file Revenue Tax Return.
It truly is important to prepare these properly and in time to stay away from fines and penalties, but We're going to do our best to make certain this does not transpire.
The CS course eligibility with the Specialist degree requires clearing the CS executive level successfully.
Whether you end up picking to nominate a person or an organization to Enjoy the function of company secretary, You can find a wide array of costs and service styles to match your online business’ requirements, serving to your enterprise continue to be compliant.