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Updating corporate records

updating corporate records-15

Find out how to add a specialty or city license to your existing business.Learn how to add, change, and cancel your trade name.

The minutes document when you adopt or update the corporate bylaws, among other things.The Beneficial Ownership of Legal Persons (Guernsey) Law, 2017 is due to come into force on 15 August 2017.All Guernsey companies, limited liability partnerships and foundations registered from 15 August must provide their beneficial ownership information at the time of incorporation.The Registry is required to make some of this information available for public inspection.Guidance notes for all Registry products and services are available in this section. Guidance notes are also available for download on the relevant pages throughout the site.Guidance notes will be issued shortly to give further information on the process.

See what steps to take to add a new business location.

Our vision is to achieve world-wide recognition as an excellent Companies Registry giving the community a quality service.

The Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and its subsidiary legislation came into effect on 3 March 2014.

In them you record the adoption of bylaws, the bank for your corporate accounts, the election of officers, the fiscal year to be used for accounting purposes, the initial tax elections, the selection of your headquarters location, and the initial issuance of corporate stock.

Every member of the board of directors should sign the minutes of the first board meeting.

The new Companies Ordinance provides a modernised legal framework for the incorporation and operation of companies in Hong Kong and reinforces Hong Kong’s position as an international financial and commercial centre.