Hong Kong company12Annual inspection is required once every month, which requires the two departments of Hong Kong Company Registry and Hong Kong Tax Department to do the annual inspection of Hong Kong company respectively. Meanwhile, it also requires the secretary company to be an important controller for record and recordKYC.
Hong Kong Company2018 Company (Amendment) clause例"In order to enhance the transparency of beneficial ownership of OCs to fulfil Hong Kong's international obligations, The amended Companies Ordinance (No 622 Chapter) requires companies incorporated in Hong Kong to obtain and keep up to date information on beneficial ownership in order to maintain a Register of Significant Controllers for enforcement purposes Personnel review." The provision is2018 years 3 month 1 Day implementation.
So2018years3month1Every newly registered and annually inspected company in Hong Kong is required to keep an up-to-date significant controller at its registered office (secretarial company) from today*Register andKYC(Customer Questionnaire), if the company fails to comply with the requirement to keep a register of significant controllers, the company and each person responsible shall be liable for a maximum fine on conviction 25,000 And shall be fined each day 700 Yuan.
Material controller means any person who has significant control over the company, if any of the following conditions are met 1 Have significant control over the company:
1The person directly or indirectly holds the company 25%The shares issued above; Or if the company has no share capital, the person directly or indirectly holds an apportionment to the company 25%Above the capital or share of the company25%The right to the above profits;
2The person directly or indirectly holds the company 25%Above the right to vote;
3, that person directly or indirectly holds the right to appoint or remove a majority of the directors of the board of directors of the company;
4The person has the right or actually exercises or exercises significant influence or control over the Company;
5, the person has the right or practice to exert or exercise significant influence or control over the activities of a trust or firm which is not a legal person but is a trustee or a member of the firm in respect of the company 4 In one condition