The Upcoming Event:October 27 Startup in Hong Kong: All You Need To Know – (FREE)

Centre O INCORPORATION

Thinking of starting up your new venture? As per request from many of you, below is the seminar details we will cover: How to select your company structure, Limited or Unlimited? Startups for non HKSAR Citizens. How to do invoicing and maintain book keeping. So come along for FREE professional advice and to learn great tips and meet with other like minded …

Recent Changes to HK Immigration Policy – How They Might Affect YOU!

Centre O INCORPORATION

To All Entrepreneurs & Startups! In his 2015 Policy Address, Chief Executive CY Leung announced Enhancement Measures to current General Employment Policy, Admission of Mainland Talents & Professionals and Quality Migrant Admission Scheme arrangements for foreign national and Mainland Chinese applicants seeking admission to live and work in Hong Kong under these three visa categories. Things are going to change and this …

Hong Kong Limited Company Incorporation

Centre O INCORPORATION

We believe Hong Kong is one of the best places in the world for entrepreneurs as tax rate is low, and regulations are simple and straightforward. ​We advise most of our clients to set up Hong Kong Limited company. By incorporating through us, you will obtain a business registration and certificate of incorporation within the first 24hrs. And in the next 3 …

New Companies Ordinances P.5: Changes to Specified Forms

Centre O INCORPORATION

Existing forms of the Companies Registry will be replaced by new specified forms, these are denoted by the prefix ‘N’ in their form numbers for easy identification e.g. Forms NAR1, ND2A, NNC1. Transitional Arrangements on Use of Specified Forms: The majority of existing forms will be accepted for registration during the transitional period of three months from the commencement date …

New Companies Ordinances P.4: Changes to Delivery of Documents, Meetings and Charges

Centre O INCORPORATION

Delivery of Documents: If the Registrar of Companies (the Registrar) has not received a document, the document will be regarded as not having been delivered to the Registrar in satisfaction of the provisions of the new CO.   General Meetings: Companies may dispense with the holding of AGMs by unanimous shareholders’ consent. AGMs should be held with reference to the …

New Companies Ordinances P.3: Changes to Annual Returns and Accounts

Centre O INCORPORATION

Annual Returns Private Company: No change in the filing requirements, annual return should be filed within 42 days after the return date, i.e. the anniversary of the date of the company’s incorporation. Public Company & Guarantee Company: If the financial year of a company begins before the commencement date of new CO and ends on or after that date, the …

New Companies Ordinances P.2: Changes to Share Capital and Directors

Centre O INCORPORATION

Mandatory Regime of No-par: A company’s shares will have no nominal value and the new rule applies to all local companies with a share capital. The new ordinances contain transitional and deeming provisions relating to the move from par value shares to no-par value shares to aid smooth transition. All shares issued before the commencement date of the new ordinances …

New Companies Ordinances P.1: Changes to Constitutional Document and Common Seal

Centre O INCORPORATION

As of March 3rd this year there are New Companies Ordinances to improve the quality corporate governance, ensure better regulation, modernise the law and to make the process easier for businesses. Highlights of Major Changes: Constitutional Document and Common Seal Abolition of Memorandum: Memorandum of Association is no longer needed for all local companies, and Articles of Association is now the …