Hong Kong's unique advantages provide entrepreneurs and businessmen with a unique business environment. More and more mainland investors are stationed in Hong Kong. Registered Hong Kong companies can help companies build an international structure, or create international brands, or enhance corporate image and corporate competition. force. After the successful registration of a Hong Kong company, more or less new changes will be involved. What should the Hong Kong company’s shareholder and director information change?
Hong Kong company director shareholder change
The shareholders of Hong Kong company are the investors and equity holders of the company, while the directors are elected by the shareholders. The manager of the company and the chairman of the board are the responsible persons of the board of directors. A registered Hong Kong company requires at least one shareholder and one director. If the director of the Hong Kong company changes, it can be submitted to the secretary company for change procedures.
After registering a Hong Kong company, it is possible to change the shareholders of the directors. There are several changes to the directors of the company:
1 Add a new director (Hong Kong company can have multiple directors), the new director does not occupy any shares of the company; only serves as a director of the company, the original member of the company does not change, the operation does not involve equity Variety;
2 Withdrew the old director, replaced the new director, and changed the old director to a shareholder;
3 The old director (shareholder) transferred out and transferred all the shares held to the new director (shareholder), which involved changes in equity.
Change shareholder director process
1 Review of Hong Kong company charter
The procedure for the conversion of directors stipulates the circumstances under which a new director may be invited to join, or what kind of resolution is required to determine the entry or withdrawal of a director.
2 Convening a general meeting of shareholders
The general meeting of shareholders is held to determine the changes of shareholders and directors. As long as more than half of the directors or directors of the designated Hong Kong company are approved to join or leave, they can pass the resolution to initiate the conversion of the directors. If the Hong Kong company's board of directors fails to pass a resolution, it will need to convene a Hong Kong company shareholder meeting. Usually, as long as more than 50% or more of the Hong Kong company's shareholder approval is approved, the resolution can be passed.
3 Provide change information
The information required to be changed by the Hong Kong company's directors' shareholders includes: the NC1 document of the Hong Kong company or the annual review document of the previous year, the scanned copy of the new director (shareholder) ID card, and the share of the shares. The secretary company signs the original director and the new director after completing the conversion document. .
4 Submit relevant documents
Within 14 days after the resolution of the transfer of directors of Hong Kong companies, the relevant documents must be submitted to the Hong Kong Companies Registry and the Inland Revenue Department, otherwise the Hong Kong company may be punished. If the documents submitted to the Hong Kong Companies Registry are in error, the Government will return all the documents to the Hong Kong company and ask the Hong Kong company to resubmit the correct documents. The change process takes about 5-8 business days to complete.