A company cannot be as efficient without a company secretary. This is a crucial role that helps in ensuring the company operations are in place. But remain keen and see the company secretary requirement Hong Kong.
The Company Secretary in Hong Kong
The Companies Ordinance Cap. 622 mentions that it is required to appoint a company secretary in Hong Kong. Moreover, the company would not get registered without filling this role.
In contrast to common misconception, a company secretary and a secretary in Hong Kong are two completely different roles. Between the two, a company secretary holds a more integral role in the company.
Because of the important role that they hold, the company secretary requirement Hong Kong remains high and individuals holding the position must meet the demanding tasks at hand.
For more tips on starting a business in Hong Kong, it's essential to understand the Hong Kong corporate tax rate too.
Roles of the Hong Kong Company Secretary
There exist many company secretary requirement in Hong Kong. And these include their ability to fulfil the following roles:
Incorporate a company in Hong Kong
Prepare, file, and submit the company’s annual return form
Prepare and file meeting minutes and resolutions
Take care of the company’s statutory documents
Act as a liaison officer with authorities of Hong Kong
Advise company directors on compliance and legal needs as the need arises.
Who can be Appointed as Company Secretary?
In the six primary company secretary requirement Hong Kong and their respective roles, the next important aspect is who to appoint for such a position.
Section 474 of the Hong Kong Companies Ordinance mentions the need for each Hong Kong company for a company secretary.
The sole director can fill in the part of a company secretary. If the company chooses not to opt for the sole director, they can have an individual who ordinarily resides in Hong Kong or a registered corporate body.
How Company Secretaries Help Hong Kong Businesses?
If a company secretary requirement Hong Kong is met, here is how they will help boost the business:
Fills the statutory requirement for successful company registration
Maintaining statutory books
Reports and communicate to government bodies to ensure meeting all the requirements on their end
Ensures compliance with laws and regulations of the Hong Kong government
Helps prevent penalties and consequences for late or non-filing of corporate paperwork.
Reasons to Choose SJH Global as your Company Secretary
SJH Global is equipped with a team of professionals to help companies fill in the role of the company secretary. They offer quick, convenient, and top-quality professional company secretarial services.
They have a wealth of expertise in offering the best company secretarial services at competitive rates, which may help you save time and money while also sharing the firm's compliance affairs.
We at SJH Global take pride in professionalism, experience, and accuracy in the delivery of the needs of our clients.
Need Help Regarding Company Secretarial Services?
If you need further help regarding corporate secretarial services, do not hesitate to reach out to SJH Global. We will provide you with all the needed information regarding the needs and roles of a company secretary.
Comments