from2018years3month1With effect from today, the Hong Kong Companies Act requires that every Hong Kong company be recorded as a material controller and that the register of incorporation of a Hong Kong company be kept at the registered office of the company (which may be the Secretariat or at a specified place in Hong Kong).
from2018years3month1From now on, the Hong Kong Company Law stipulates that every Hong Kong company must register as an important controller.Hong Kong company registrationThe register shall be kept at the registered office of the company (which may be the Secretariat or a specified place in Hong Kong). The main purpose of maintaining a register of significant Controllers is to fulfil Hong Kong's international obligations by requiring companies incorporated in Hong Kong to obtain and keep up-to-date information of beneficial ownership for the purpose of maintaining a register of significant Controllers for inspection by relevant law enforcement officers.
Steps to search for a significant Controller: Check the register of members, articles of association, shareholders' agreements or other relevant agreements. The designated representative of the notification shall confirm or provide, as the case may be, the particulars of the material controller requested.
Such asHong Kong company registrationFor failing to comply with the requirement to keep a register of material controllers, the company and each person responsible will each be liable for the maximum fine upon conviction25,000Yuan, a daily fine each700Yuan. Generally, companies listed on the Hong Kong Stock Exchange are exempt from filing as material controllers.
CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.