Yes, having a company secretary is mandatory for registering a company in Hong Kong. A company secretary ensures compliance with local laws and regulations, making it a crucial role for any business operating in the jurisdiction.
What Are Company Secretarial Services?
Company secretarial services encompass a wide range of administrative and compliance-related duties beyond a secretary’s traditional scope. These services help businesses:
- Maintain proper corporate governance.
- Ensure compliance with local laws and regulations.
- Streamline administrative processes and documentation.
Importance of Company Secretarial Services in Hong Kong
In Hong Kong, company secretarial services play a vital role in helping companies meet their legal obligations. This includes keeping corporate records up-to-date, filing statutory documents on time, and staying aligned with the latest government regulations.
When forming a company in Hong Kong, it is essential to appoint a local company secretary. This individual or entity liaises with the government, ensuring the company adheres to all legal and compliance requirements effectively.