What is meant by the term “Company Secretarial Services”?
Foreign business owners, entrepreneurs, and investors are required to comply with the regulations and laws of the jurisdiction they operate in. Company secretarial services involve the administrative duties of a business, which go beyond the traditional role of a secretary. These responsibilities include ensuring proper corporate governance, maintaining efficient administrative processes, and adhering to all relevant laws and regulations.
Company Secretarial Services in Hong Kong
Therefore, in Hong Kong, company secretarial services serve the purpose of assisting companies in fulfilling their compliance requirements, such as organizing their documentation, and keeping them updated with the latest local regulations and rules.
Specifically, when forming a company in Hong Kong, it is mandatory to have a local company secretary who can stay informed about the latest updates from the Hong Kong government.