Appoint a Company Secretary

It is compulsory to appoint a company secretary, but the sole director of a private company cannot also be the company secretary.

If the company secretary is a natural person, he or she must ordinarily reside in Hong Kong. If the company secretary is a body corporate, the address of its registered or principal office should be in Hong Kong.

It is highly recommended to appoint a qualified person or serviced provider to be the Company Secretary as the role implies some knowledge and experience. Otherwise, you expose your company to possible mistakes and delays that may cost more than a qualified Company Secretary such as LCCS for instance.

Note that from 1st March 2018 company service providers are required to have a licence issued by the Registrar of Companies in order to operate.

Read our article:

What is a company secretary?

Company Secretary: What Is It? What Is It For?