The best Side of company secretary accountant hong kong
The best Side of company secretary accountant hong kong
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(1) With the reasons of the Ordinance, an endeavor can be a parent undertaking of Yet another endeavor if— (a) exactly where both of those undertakings are bodies corporate, It is just a Keeping company of that other endeavor; or (b) in almost every other situation— (i) it holds a majority in the voting rights in that other undertaking; (ii) it is a member of that other undertaking and has the ideal to appoint or take away a bulk of that other undertaking’s board of administrators; or (iii) It is just a member of that other undertaking and controls alone, pursuant to an settlement with other shareholders or members, a vast majority with the voting rights in that other undertaking.
(4) In the event the buy on the Courtroom involves the company not to generate any, or any specified, alteration to its articles or blog posts, the company doesn't have electrical power to generate any such alteration devoid of go away from the Court docket. (5) The powers in the Court docket beneath this segment will not Restrict its powers under area 287.
Cap 622 - Firms Ordinance 106 (a) the company’s registered office; or (b) a location prescribed by regulations created beneath part 657. (two) A company need to notify the Registrar in the location at which the register of debenture holders is saved. The discover have to be in the required sort and delivered to the Registrar for registration inside of fifteen days after the sign up is 1st kept at that position. (three) A company need to notify the Registrar of any change (aside from a change on the handle with the company’s registered office) while in the location at which the sign-up of debenture holders is retained. The detect must be in the desired form and delivered to the Registrar for registration in just 15 times following the change. (four) Subsection (two) won't require a company to notify the Registrar in the location at which the sign up of debenture holders is saved— (a) if, in the case of a sign-up that came into existence on or following the commencement day* of this Division, it's got constantly been kept at the company’s registered Business; or (b) if— (i) instantly before that commencement date*, the company held a sign up with the functions of part 74A on the predecessor Ordinance; and (ii) on and after that commencement day*, that register is kept being a sign up of debenture holders with the applications of part 308(1) with the location at which it was held right away in advance of that commencement day*.
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(two) For the goal of applying this Ordinance to your company outlined in subsection (1), a reference With this Ordinance into the day of registration will be to be read as being the day on which the company was registered underneath the previous Businesses Ordinance.
L.N. 163 of 2013 03/03/2014 (one) A registered non-Hong Kong company should supply an announcement with the particulars of every specified charge developed via the company on assets in Hong Kong from the company, along with a Licensed copy in the instrument (if any) building or evidencing the demand, towards the Registrar for registration throughout the registration period specified in subsection (6)(a). (2) The place— (a) a specified charge made by a registered non-Hong Kong company on assets in Hong Kong from the company— (i) is specified within a debenture forming A part of a series by reference to every other instrument made up of the cost (if also contained within the debenture); or (ii) is contained in the debenture forming part of a sequence (although not supplied inside the debenture by reference to some other instrument); and (b) every holder on the debentures in the sequence is entitled equally to the advantage of the charge, the company is always to be thought to be getting complied with subsection (1) in relation to the required charge In the event the company provides a statement with the particulars of the cost, along with a Qualified duplicate of an instrument
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L.N. 163 of 2013 03/03/2014 (1) A condition that straight away ahead of the commencement day* of this Division was contained within the memorandum of association of the existing company and was in force is, for formation company in bulgaria all functions, being thought to be a provision in the company’s article content. (2) If a memorandum of association is registered on or after the commencement day* of this Division underneath the provisions using a continuing outcome under Schedule 11, a problem contained in that memorandum is, for all functions, to be considered to be a provision from the company’s posts registered underneath the predecessor Ordinance. (3) If, before the commencement day* of this Division, a Particular resolution altering a problem on the memorandum of association of the present company was passed beneath segment 8(1) or 25A(1) on the predecessor Ordinance plus the alteration requires impact on or following that day, then the altered condition is, for all uses, to get thought to be a provision on the company’s content articles registered underneath the predecessor Ordinance.
Cap 622 - Businesses Ordinance 228 (two) A company should give see of a resolution if it's got gained requests that it achieve this from— (a) the associates of the company symbolizing not less than two.5% of the entire voting legal rights of all the members that have a appropriate to vote on the resolution for the yearly standard meeting to which the requests relate; or (b) a minimum of fifty associates who definitely have a proper to vote around the resolution for the once-a-year normal Conference to which the requests relate.
Part: 292 Certain quantity to get viewed as understood profit or loss L.N. 163 of 2013 03/03/2014 (one) To the needs of this Portion, a provision aside from an total specified in subsection (2) will be to be viewed as a recognized reduction. (two) The amount is just one penned off or retained Through delivering for a diminution in value of a set asset showing over a revaluation of— (a) all of the company’s preset assets; or (b) each of the company’s fixed assets other than goodwill. (three) For your purposes of subsection (2), any thought by the administrators of the value at a specific time of a fixed asset should be to be considered a revaluation of the asset if— (a) in the situation of the detailed company, the disorders laid out in subsection (4)(a) and (b) are contented; or (b) in the case of another company— (i) where by the referential fiscal statements tend to be the money statements laid out in part 304, the circumstances laid out in subsection (four)(a) and (b) are glad; or (ii) where the referential financial statements will be the money statements specified in segment 305 or 306, the affliction laid out in subsection (four)(a) is satisfied. (4) The circumstances are— (a) that the directors are glad the combination value At the moment on the company’s set assets is just not below the aggregate total at which These are In the interim said in the fiscal statements; and (b) that it's said inside a note to the referential fiscal statements that— (i) the directors have considered the worth of your company’s set property without the need of in fact revaluing them; (ii) the directors are satisfied which the mixture price at the time of consideration of People assets is or wasn't lower than the combination amount of money at which They can be or were being In the interim said inside the monetary statements; and (iii) accordingly, by advantage of the subsection, quantities are stated during the referential fiscal statements on
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