Every registered company must comply with the requirements of the Companies Ordinance. Also have to deliver statutory returns to the Registrar of Companies within prescribed time periods. Company updates are required to notify Company Registry within 15 days. While some company updates require report within 42 days.
What situation you should report within 15 days after change?
- Section 658 requires a company to deliver a notice of change of address of registered office in Form NR1.
- Sections 645 and 652 state that if there is a change in the company’s director, company secretary and/or in the particulars. Then the company should deliver a notice of change in Form ND2A and / or ND2B.
What scenario you should report within 42 days after change?
Under the provision of Sections 662 and 654, below company must deliver an annual return in Form NAR1 together with an annual registration fee
- For a private company, in respect of every, within 42 days after the anniversary of the date of incorporation of the company in that year.
- For a public company, in respect of every financial year, within 42 days after the company’s return date. The company’s return date is the date that is 6 months after the end of the company’s accounting reference period. The return must be accompanied by certified true copies of the company’s financial statements, directors’ report and auditors’ reports.
- For a company limited by guarantee, in respect of every financial year, within 42 days after the company’s return date. The company’s return date is the date that is 9 months after the end of the company’s accounting reference period. The return must be accompanied by certified true copies of the company’s financial statements, director’s report and auditors’ report.
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