FAQ
1) Why is a dedicated company secretary necessary?
Under the provisions of the Hong Kong Companies Ordinance, all Hong Kong companies must appoint a company secretary. The company secretary must be a Hong Kong resident or a legal entity with a registered office or place of business in Hong Kong. The company secretary is primarily responsible for organizing meetings, preparing meeting minutes, maintaining statutory records, filing returns with the Companies Registry, and ensuring that the company operates in a lawful and compliant manner.
2) Which companies need a corporate secretary?
Every private limited company registered in Hong Kong.
3) Who can serve as a company secretary?
A Hong Kong resident or legal entity with a registered office or place of business in Hong Kong. If the company has only one director, that director may not also serve as the company secretary. Furthermore, a private company with only one director may not appoint a legal entity of which that director is the sole director to serve as the company secretary.
4) How can I determine what services my company needs?
Hong Kong’s Companies Ordinance, Business Registration Ordinance, and Inland Revenue Ordinance impose numerous requirements on the administration of companies. Although the Companies Registry and the Inland Revenue Department provide some guidance, engaging a professional firm to handle these matters is the only way to ensure full compliance with the law.
5) Can I replace the company secretary?
Sure, the whole process isn't complicated. Alchemy Anchor Business Service LimitedI'd be happy to help you.