The new requirements on the keeping of significant controllers registers by companies which will come into operation upon commencement of the Companies (Amendment) Ordinance 2018 (Cap.622) on 1 March 2018.
Under the Amendment Ordinance, a company incorporated in Hong Kong is required:-
- to identify persons who have significant control over the company (“significant controllers”); and
- to maintain a significant controllers register (“SCR”) to be accessible by law enforcement officers.
Please prepare the SCR on or before 1 March 2018 and kept at the registered office or a place in Hong Kong for the law enforcement officers access.
Note: Failure to comply with the above obligations is a criminal offence. The company and every responsible person of the company are liable to a fine at level 4 (i.e. HK$25,000). Where applicable, there is a further daily fine of HK$700.
Startup now provides:
|Package A||Package B|
|Item 1. Significant Controllers Register||✓||✓|
|Item 2. Act as Designated Representative||✓|
|Total service fee:||HK$1,500||HK$2,500|
Remark: The service fee for prepare SCR will vary if the company has corporate shareholder(s) and we will provide quote according to your organization chart.
For more information: Guideline on the Keeping of Significant Controllers Registers by Companies