Significant Controllers Registry Compliance

WHAT IS THE CONTENT OF SIGNIFICANT CONTROLLERS REGISTER?

Marketing COMPANY SECRETARIAL

After identifying the significant controllers in your company, you should enter the content into a Significant Controllers Register, keep it up-to-date, and make it available for inspection. It is important to note that certain details must be included in SCR: • The ‘required particulars’ of every significant controller of the company. The ‘required particulars’ include name, nature of control over the company, …

3 WAYS TO BUILD BUSINESS NETWORK FOR AN ENTREPRENEUR

Marketing EVENT

Building relationships and business network is important for starting a business because it can help you to take a step back everything from branding strategy to funding. A good relationship is mutually beneficial, which enables both parties to help each other in an organic way. To build this kind of relationship, only attending business networking events and keeping business information …

DBS XERO

HOW TO CONNECT DBS ACCOUNT WITH XERO

Marketing ACCOUNTING & AUDITING

If you are using a DBS account, you can link your account to XERO and have your transactions to be reconciled automatically every 24 hour. This way, you can check your invoices’ status to see whether payment has been received or not on your DBS Account. To connect your DBS account, you should: 1. In the Accounts menu, select Bank Accounts, then …

THE PERSONALITY TRAITS THAT ENTREPRENEURS MUST HAVE

Marketing INCORPORATION

Entrepreneurship is challenging. Here are five personality traits that you should develop in order to be ready to start and grow your business. Passion Entrepreneurs themselves are the heart of the startup company! Their passion and enthusiasm for work will motivate the rest of the team and drive the company to success. Building a business takes a lot of time …

ACCEPTABLE OFFICIAL DOCUMENT FORMAT IN HONG KONG

Marketing COMPANY SECRETARIAL

Sometimes we have to file relevant official documents to the Inland Revenue Department or the Companies Registry. Sometimes, however, are documents are rejected due to their unacceptable format . Below are a few common cases of unacceptable formats: Some documents are printed 2-sided. Some documents use American Header Paper. Therefore, we want to kindly remind you that all official documents sent …

PROMULGATION OF THE CODE OF PRACTICE FOR EMPLOYMENT AGENCIES

Marketing COMPANY SECRETARIAL

Recently, there have been some updates on the code of practice for employment. Listed below are the main amendments: Increasing the maximum penalty on Employment Agencies (EAs) for overcharging job-seekers or operating without a license Extending the scope of the offence of overcharging job-seekers Extending the statuary time limit for prosecution of the offence of overcharging job-seekers and unlicensed operation of …

What are the requirements of choosing Company Secretary?

Marketing INCORPORATION

1.Either a HK resident or HK company 2.Sole director cannot be the company secretary Centre O offers annual company secretary service at HKD 2,000 per year to comply with the requirement. We are happy to provide Company Secretary Service to you, contact us at sales@centreo.hk for more details. You may also be interested in these other blog articles: Can an …