It can be done through proper execution of nominee service agreement between the nominated person and the business owner, where interests of both parties are protected. The nominated director (or shareholder) does [...]
It is completely legal to use nominee service and quite common in cases when anonymity from the general public needs to be attained and/ or local statutory compliance needs to be
Does the requirement for private companies to have at least one director who is a natural person apply to non-Hong Kong companies registered in Hong Kong?
No. The requirement only applies to Hong Kong local private companies.
Are existing private companies registered under the Old Ordinance expected to comply with the requirement of having at least on director who is a natural person under the new CO?
Pursuant to sections 89(1) and (2) of Schedule 11 to the new CO, a grace period of 6 months after the commencement date of the new CO were given to companies registered [...]
What is the purpose of the new CO requirement for Hong Kong private companies to have at least one director who is a natural person?
The purpose is to enhance transparency and accountability of directors.
Will a company be penalized for late annual filing if the company did not receive the e-notification reminder after signing up with e-Registry?
Yes, it is the duty of the officers of the company to understand and comply with all the regulations of the Companies Ordinance.
Can changes to company particulars, directors and company secretaries be reported in the annual filing?
No, changes of the company particulars shall be reported in separate appropriate forms which have their own due dates. The company particulars and its officers reported in the annual filing shall be [...]
Yes, every company registered with the Companies Registry is required to do the annual filing by its respective due date. Only companies which have been declared dormant to the Companies Registry are [...]
Yes, Sundays and Public Holidays are included. If the 42nd day is a Sunday or Public Holiday, then the due date is extended to the following day (provided the extended day is [...]
Once you incorporate an offshore company in Hong Kong, you will have to conduct the following activities: Hold annual general meetings Annually audit the company accounts