What are the running costs from year 2 after the first year of Company Incorporation?

There are simply 4 costs to consider: 1. Business Registration Renewal – HK$250 government fee (2016-2017) 2. Annual Return – HK$305 government fee (2016-2017) 3. Registered Office – HK$1,300 / year – Centre O fee 4. Company Secretary – HK$2,000 / year – Centre O fee Feel free to contact us at sales@centreo.hk if you …

How to select the right Company Secretary?

A Company Secretary is responsible for the efficient administration, particularly with regard to ensuring compliance with statutory and regulatory requirements and ensuring that decisions of the board of directors are implemented.   There are 7 duties that a right company secretary does: Communicating with Company Registry on Behalf of the Company Preparing and Keeping Statutory …

LAST CHANCE TO RSVP FOR SPEED-NETWORKING EVENT !

READY FOR SPEED NETWORKING EVENT  (FINAL CALL !!!) Networking can be intimidating when you are in a room full of strangers and don’t necessarily know the right people to approach. We invite your to join fellow entrepreneurs in a facilitated networking program, allowing you to maximize your time and make business connections quickly. This is a …

HSBC Commerical Bank Account Opening Update

What to bring in for HSBC Commercial Bank account setup? As many of you are still enquiring about the latest requirements from banks, with the FATCA act in action, we’ve decided to write and updated blog on this. Before you head into the bank for company bank account opening, make sure you call in and …

How important is a company secretary? Why does a Hong Kong limited company needs one?

Firstly, in Hong Kong, according to the Companies Ordinance, appointing a company secretary is mandatory, every company should have one. The secretary, if an individual must ordinarily reside in Hong Kong; or if a body corporate, must have its registered office or a place of business in Hong Kong. The sole director of a private …

Trademark Classifications in Hong Kong: Class 41 to 45

Class 41 Education; providing of training; entertainment; sporting and cultural activities. This class covers mainly services provided by persons or institutions in the development of the mental faculties of persons or animals, as well as services intended to entertain or to engage the attention. Examples of companies and services: Stanford Swim School – Sports institution …