Annual renewal consists of several mandatory actions that need to be done every year in order to run the company legally. Annual renewal involves several Hong Kong government organizations and is handled by the company secretary.
2. Annual
renewal
Annual renewal generally includes executing all the legal
responsibilities of a company that are needed to be done every
anniversary and for the next 12 months, such as:
Annual return
Business registration certificate renewal
Company secretary service renewal
Registered address service renewal
3. Annual return
Every company in Hong Kong is required to submit an annual
return to Hong Kong Companies Registry on every anniversary
Annual return declares the current situation about the company
Share ownership, directors, directors’ particulars, company name
etc.
Late submission of annual return causes penalty
4. Business
registration
certificate
renewal
Every Hong Kong company must have a valid business registration
which is renewed annually
Business registration certificate is handled by Hong Kong Inland
Revenue Department
5. Company
secretary
service
renewal
Every Hong Kong company must have a local company secretary
appointed
6th Day is a professional company secretary for Hong Kong
companies
Company secretary is in charge of liaison between Hong Kong
government and the company.
Most often a company secretary handles annual return, director
and share changes, and business registration certificate renewal.
6. Registered
address service
renewal
Every Hong Kong company must have a local registered address.
The purpose of registered address is to make sure that the
government and other parties can contact the company for
various reasons.
All the government letters are sent to the registered address.
6th Day provides a local registered address in a central business
district in Hong Kong