Hong Kong New Companies Ordinance 2014

Hong Kong new Companies Ordinance passed in July 2012 by the HK Legislative Council.

One major highlight of many initiatives is

Restricting Corporate Directorship in Private Companies

Every private company is required to have at least one director who is a natural person, to enhance transparency and accountability.

Hong Kong government circular - Page 2 : Companies Registry External Circular No. 5/2012

Affected company structure

  •   Company with Corporate Director and without Natural Person Director; or
  •   Company using Nominee Director and without Natural Person Director.

 

 

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Hong Kong Most Valuable Companies Award 2014

Hong Kong's most proactive local and foreign companies setp upstage to be honoured with the Hong Kong's Most Valuable Companies Trophy of Excellence. Thanks again for the nomination from Mediazone Group 2014.