Everything about company secretary Hong Kong
Everything about company secretary Hong Kong
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To Individuals who have a career strategy while in the economic planet, company administration, or corporate affairs
All candidates need to pass the CS Government and Qualified stages which has a minimum amount mixture of 40% marks in each subject and attain Total 50% marks in both of those the aforementioned courses so that you can turn into a Accredited Company Secretary (CS).
Whoever has handed the Intermediate level examination supplied by ICAI or ICSI are also eligible for direct entry.
Performing as a point of contact between your company and govt entities, trying to keep all stakeholders current on federal government rules and regulations.
The company secretary syllabus at The manager degree entails two teams with a total of seven papers.
For example, Should your company has two directors and is largely dormant with limited paperwork, making one among the directors the company secretary could be the most cost efficient alternative.
In this article, we discover the function and obligations of a corporate secretary and supply you with the key components to take into account when appointing 1.
Graduates and postgraduates from non-commerce fields have to have received a minimal cumulative grade place average (GPA) of sixty for every cent or its equal while in the exam administered by any recognised College (including Open University).
Even though The work title may well bring to thoughts mundane duties like answering cellphone calls and scheduling appointments, the purpose is a great deal more essential than classic administration jobs.
For example, a US company expanding into Hong Kong might hire a 3rd-bash supplier of company secretarial services. In the beginning in the engagement, the shopper will receive a calendar of deadlines and timetables for the entire 12 months.
As a business operator, you’ll ought to submit two experiences and just one audit annually. Even Should you have no transactions, you still really need to submit yearly experiences: prepare unaudited accounts, have an exterior auditor review them, and file Financial gain Tax Return.
Qualification: No statutory qualifications are necessary for an individual to function a company secretary, Despite the fact that, even so, you will discover recommendations that these types of an individual or corporate overall body is anticipated to get sufficiently fantastic familiarity with the businesses Ordinance company formations 247 along with other relevant legislation. Numerous companies, On this regard, would search for to outsource such company secretary services from specialists who may have wide familiarity with Hong Kong’s legal ecosystem In order to make certain comprehensive compliance With all the regulatory requirements. Company Secretary Hong Kong Requirements Summary
Scheduling and attending board meetings, planning minutes, and ensuring that choices designed are in step with both equally company insurance policies and Hong Kong guidelines.
Moreover, a company secretary performs a essential function while in the administration, way, and corporate governance of the Hong Kong company, whether it is a mentioned company or A personal company.