Company Secretary Services
Mercury International has accumulated extensive experience in providing company secretary services. To continuously improve our service quality and efficiency, Mercury International has applied for and received authorization from the Companies Registry as a registered agent, giving us the advantage of electronic processing. With sufficient information, our company secretary services can be completed in as little as one day!
Preparation of the Significant Controllers Register and Designated Representative Services
With the implementation of new regulations on March 1, 2018, requiring the maintenance of the Significant Controllers Register, Mercury International, as a licensed corporate service provider, offers clients the service of preparing the Significant Controllers Register and providing designated representative services.
Due Diligence and Record Retention Services
Since March 1, 2018, with the implementation of regulations to combat money laundering and terrorist financing, Mercury International has been authorized by the Companies Registry as a trust or corporate service provider and has obtained a trust and corporate services provider license, capable of providing due diligence and record retention services.
The Responsibilities of a Statutory Secretary
A statutory secretary is different from a business secretary; a statutory secretary is required by Hong Kong Companies Ordinance. The statutory secretary service also acts as a representative for foreigners in Hong Kong. The statutory secretary does not have direct control or ownership of the company. However, if the company faces issues, the statutory secretary bears certain responsibilities. If the Hong Kong company is legally liable, the individual or company serving as the Hong Kong company’s statutory secretary will also be implicated!
Services Provided by a Statutory Secretary
Generally, when registering a company in Hong Kong, businesses choose a registered agency to act as the statutory secretary company. The secretary company can provide a registered address, annual review services for Hong Kong companies, and more. The specific services provided by a statutory secretary include:
1.Providing a registered address and statutory registration secretary.
2.Handling and preserving the company’s statutory records, such as the register of significant controllers and other information.
3.Representing the company in maintaining communication with government departments, and responding to inquiries from government authorities, such as the Hong Kong government's requirement for all Hong Kong companies to conduct KYC due diligence investigations, where the secretary company needs to collaborate with the Hong Kong company to conduct KYC due diligence for government review.
4.Receiving and handling government correspondence on behalf of the company.
5.Providing services for Hong Kong company annual reviews, share changes, business registration certificate replacements, and changes in registered address.
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