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Hong Kong Company: Directors

Startupr
16 December, 2015

After incorporation, at least one natural person must be appointed as a director for a private Hong Kong company. The Companies Registry can specified a period wihin which the company must appoint a director.  This period cannont be less than one month from the inciorporation and not more than 3 months. 

The person appointed as a director must be full of age and capacity and must not be disqualified under the Companies Ordinance or any other laws.

A reserve director may be appointed to take over the control of the company in the event of death of the sole director.

 

Appointment of first directors

The directors named in the incorporation form are the first directors.


Subsequent appoinment

The Articles of Association of a company determines the appointment of subsequent directors.

Any person can be appointed as a director to either fill a casual vacancy or as an addition to the existing directors of the company.  Howver, the subsequent director would hold the office only until the next annual general meeting, following the appointment. He or she can be re-elected at the next annual general meeting.

Shareholders may appoint directors by way of resolution at a general meeting or by written resolutions and directors so appointed would hold the office for unlimited period of time.



About the Author


Startupr

Startupr puts you first. This is why our main focus is Startups with global ambitions. We give you the freedom to build your business while we take care of the tedious, administrative tasks, leaving you to concentrate on your dream for your company. As part of our brilliant service, our back end software will automatically send you reminders of important annual filings, and upload your important document to your online account. startupr.hk

 

 

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