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Ms Ada Chung
Registrar of Companies
Hong Kong
8 March 2017
2
Companies Registry
 An independent government department since
1 May 1993
 Companies Registry (CR) Trading fund established
on 1 August 1993
 Operating on a self-financing basis and on
commercial principles
 Registrar of Companies is the General Manager of
the CR Trading Fund
 CR Trading Fund’s annual
report tabled in the Legislative
Council each year
3
Organisational Structure
As at 24 February 2017 : 392 staff
Advising the Government
on policy, regulatory and
legislative issues regarding
company law and related
legislation 4
Major Services
Enforcing the Companies
Ordinance and other
Ordinances
Registering documents
delivered under
various ordinances
Incorporating and
registering new
companies
Providing public
search services
5
Key Statistics (1)
968,665
1,067,434
1,205,268
1,281,182 1,293,295
950,000
1,000,000
1,050,000
1,100,000
1,150,000
1,200,000
1,250,000
1,300,000
2011/12 2012/13 2013/14 2014/15 2015/16
NumberofCompanies
Financial Year
Number of Local Companies Registered
In 2016
Companies Incorporated : 144,883
Companies Dissolved : 92,843
As at 27 February 2017
Number of Local Companies
on the Companies Register:
1,343,652
6
8,621
8,931
9,366
9,714
10,110
8,500
8,750
9,000
9,250
9,500
9,750
10,000
10,250
2011/12 2012/13 2013/14 2014/15 2015/16
NumberofCompanies
Financial Year
Number of Non-Hong Kong Companies Registered
As at 27 February 2017
Number of Non-Hong Kong
Companies on the Companies
Register : 10,025
Key Statistics (2)
7
Key Statistics (3)
2,000,000
2,250,000
2,500,000
2,750,000
3,000,000
3,250,000
3,500,000
3,750,000
4,000,000
2011/12 2012/13 2013/14 2014/15 2015/16
Number
Financial Year
Number of Searches on Image Records of Documents
January 2017
No. of Searches on
Image Records of Documents:
318,230
8
Key Statistics (4)
1,000,000
1,250,000
1,500,000
1,750,000
2,000,000
2,250,000
2,500,000
2,750,000
2011/12 2012/13 2013/14 2014/15 2015/16
Number
Financial Year
Number of Documents Delivered for Registration
January 2017
No. of Documents
Delivered for Registration :
206,058
9
Ordinances Administered
 Companies Ordinance (Cap. 622)
 Companies (Winding Up and Miscellaneous
Provisions) Ordinance (Cap. 32)
 Limited Partnerships Ordinance (Cap. 37)
 Trustee Ordinance (with respect to trust
companies) (Cap. 29)
 Registered Trustees Incorporation Ordinance
(Cap. 306)
 Money Lenders Ordinance (Cap. 163)
 Miscellaneous incorporation ordinances
10
The new Companies Ordinance
(Cap. 622 of the Laws of Hong Kong)
 The comprehensive rewrite of the old Companies
Ordinance began in mid-2006.
 Following five rounds of public consultations and
continuous exchanges with relevant stakeholders over
the years, the Companies Bill was introduced into the
Legislative Council (LegCo) on 26 January 2011.
 The new Companies Ordinance was passed by LegCo on
12 July 2012 and came into operation on 3 March 2014.
11
ICRIS (1)
 Companies Registry’s Electronic Services
include :
 Electronic Search Services
 Cyber Search Centre (www.icris.cr.gov.hk)
 Company Search Mobile Service
(www.mobile-cr.gov.hk)
 Electronic Incorporation and Document
Submission Services
 e-Registry (www.eregistry.gov.hk)
 Mobile e-Filing Service
12
ICRIS (2)
Electronic Search Services
Company Search Mobile Service
(www.mobile-cr.gov.hk)
 Obtain company information readily
at finger tip :-
• Company name
• Image Record
(including Document Index)
• Company particulars
• Index of directors
• Register of Charges
• Register of Disqualification Orders
13
ICRIS (3)
e-Registry (www.eregistry.gov.hk)
 Internet portal for
electronic submission
of :
• applications for
company incorporation
/ registration and
business registration
of local and non-Hong
Kong companies;
• 84 specified forms
including the annual
return
14
ICRIS (4)
Electronic Incorporation Service
 One-stop electronic company incorporation and
business registration
 Time required – less than 1 hour
 Electronic certificates and Hard copy certificates
have same legal effect
15
ICRIS (5)
Electronic Submission Service
 Full scale electronic filing service covering 84
specified forms, including annual returns
 Time required for processing and registration of
e-forms by system – less than 1 hour
16
ICRIS (6)
Other Electronic Services @ e-Registry:
 Annual Return e-Reminder Service
• Receive electronic notifications for
delivering annual returns
• E-submission of Annual Returns with data
populated
 e-Monitor
• Instant notice of changes of information
on the Companies Register
17
ICRIS (7)
Mobile e-Filing Service
 CR eFiling – a mobile application
to facilitate companies to deliver
specified forms electronically for
registration using mobile devices.
 Launched on 6 February 2017
• Change of company name
• Change of address of registered office
• Change in particulars of company secretary and
director
 Later stages - other commonly filed forms
18
ICRIS (8)
 Direct interface with users
 24 x 7 electronic services are provided
 Helpdesk support service
 Multiple payment methods
 User interface in 3 languages
 Online tutorial or demonstration
19
Enjoy your visit to
the Hong Kong Companies Registry
www.cr.gov.hk

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Introduction to Hong Kong Companies Registry

  • 1. Ms Ada Chung Registrar of Companies Hong Kong 8 March 2017
  • 2. 2 Companies Registry  An independent government department since 1 May 1993  Companies Registry (CR) Trading fund established on 1 August 1993  Operating on a self-financing basis and on commercial principles  Registrar of Companies is the General Manager of the CR Trading Fund  CR Trading Fund’s annual report tabled in the Legislative Council each year
  • 3. 3 Organisational Structure As at 24 February 2017 : 392 staff
  • 4. Advising the Government on policy, regulatory and legislative issues regarding company law and related legislation 4 Major Services Enforcing the Companies Ordinance and other Ordinances Registering documents delivered under various ordinances Incorporating and registering new companies Providing public search services
  • 5. 5 Key Statistics (1) 968,665 1,067,434 1,205,268 1,281,182 1,293,295 950,000 1,000,000 1,050,000 1,100,000 1,150,000 1,200,000 1,250,000 1,300,000 2011/12 2012/13 2013/14 2014/15 2015/16 NumberofCompanies Financial Year Number of Local Companies Registered In 2016 Companies Incorporated : 144,883 Companies Dissolved : 92,843 As at 27 February 2017 Number of Local Companies on the Companies Register: 1,343,652
  • 6. 6 8,621 8,931 9,366 9,714 10,110 8,500 8,750 9,000 9,250 9,500 9,750 10,000 10,250 2011/12 2012/13 2013/14 2014/15 2015/16 NumberofCompanies Financial Year Number of Non-Hong Kong Companies Registered As at 27 February 2017 Number of Non-Hong Kong Companies on the Companies Register : 10,025 Key Statistics (2)
  • 7. 7 Key Statistics (3) 2,000,000 2,250,000 2,500,000 2,750,000 3,000,000 3,250,000 3,500,000 3,750,000 4,000,000 2011/12 2012/13 2013/14 2014/15 2015/16 Number Financial Year Number of Searches on Image Records of Documents January 2017 No. of Searches on Image Records of Documents: 318,230
  • 8. 8 Key Statistics (4) 1,000,000 1,250,000 1,500,000 1,750,000 2,000,000 2,250,000 2,500,000 2,750,000 2011/12 2012/13 2013/14 2014/15 2015/16 Number Financial Year Number of Documents Delivered for Registration January 2017 No. of Documents Delivered for Registration : 206,058
  • 9. 9 Ordinances Administered  Companies Ordinance (Cap. 622)  Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32)  Limited Partnerships Ordinance (Cap. 37)  Trustee Ordinance (with respect to trust companies) (Cap. 29)  Registered Trustees Incorporation Ordinance (Cap. 306)  Money Lenders Ordinance (Cap. 163)  Miscellaneous incorporation ordinances
  • 10. 10 The new Companies Ordinance (Cap. 622 of the Laws of Hong Kong)  The comprehensive rewrite of the old Companies Ordinance began in mid-2006.  Following five rounds of public consultations and continuous exchanges with relevant stakeholders over the years, the Companies Bill was introduced into the Legislative Council (LegCo) on 26 January 2011.  The new Companies Ordinance was passed by LegCo on 12 July 2012 and came into operation on 3 March 2014.
  • 11. 11 ICRIS (1)  Companies Registry’s Electronic Services include :  Electronic Search Services  Cyber Search Centre (www.icris.cr.gov.hk)  Company Search Mobile Service (www.mobile-cr.gov.hk)  Electronic Incorporation and Document Submission Services  e-Registry (www.eregistry.gov.hk)  Mobile e-Filing Service
  • 12. 12 ICRIS (2) Electronic Search Services Company Search Mobile Service (www.mobile-cr.gov.hk)  Obtain company information readily at finger tip :- • Company name • Image Record (including Document Index) • Company particulars • Index of directors • Register of Charges • Register of Disqualification Orders
  • 13. 13 ICRIS (3) e-Registry (www.eregistry.gov.hk)  Internet portal for electronic submission of : • applications for company incorporation / registration and business registration of local and non-Hong Kong companies; • 84 specified forms including the annual return
  • 14. 14 ICRIS (4) Electronic Incorporation Service  One-stop electronic company incorporation and business registration  Time required – less than 1 hour  Electronic certificates and Hard copy certificates have same legal effect
  • 15. 15 ICRIS (5) Electronic Submission Service  Full scale electronic filing service covering 84 specified forms, including annual returns  Time required for processing and registration of e-forms by system – less than 1 hour
  • 16. 16 ICRIS (6) Other Electronic Services @ e-Registry:  Annual Return e-Reminder Service • Receive electronic notifications for delivering annual returns • E-submission of Annual Returns with data populated  e-Monitor • Instant notice of changes of information on the Companies Register
  • 17. 17 ICRIS (7) Mobile e-Filing Service  CR eFiling – a mobile application to facilitate companies to deliver specified forms electronically for registration using mobile devices.  Launched on 6 February 2017 • Change of company name • Change of address of registered office • Change in particulars of company secretary and director  Later stages - other commonly filed forms
  • 18. 18 ICRIS (8)  Direct interface with users  24 x 7 electronic services are provided  Helpdesk support service  Multiple payment methods  User interface in 3 languages  Online tutorial or demonstration
  • 19. 19 Enjoy your visit to the Hong Kong Companies Registry www.cr.gov.hk