Primal duties of a company secretary service in HK

If there is anything that has the maximum tasks to cover in any company based in Hong Kong, then that role goes to the department of company secretary. S/He is responsible for everything that undergoes with the ownership, management, regular business dealings, corporate governances, structural, and functional operation of the company. Under the section 154 or companies act, Hong Kong, every company is obligated to have a company secretary. The person appointed to the role can be from the board of directors or from any external companysecretary service that has a registered office in Hong Kong.

Leaving aside the selection, there are various areas that come under the command of these personalities. Required by the company, a company secretary must be involved in the following operation of a business:

·         Preparation of annual reports as well as filing them – Annual reports are details of various transactions, expenses, tax structure, balance sheet, and other financial documents involved in the regular proceedings of a business. 

·         Maintaining company’s statutory books – The statutory book is a register shareholders or directors in the company.

·         Organizing and anchoring meetings and conventions – All kinds of board meetings and other crucial conventions between the masterminds of the business needs to be organized and regulated by them.

·         Change of name or company address – It is the duty of a CS to look over the changes about to be made on a company name or its address. 

·         Ensuring that the company is complying with the law and rules specified by the HK government.

·         Share allotment/Transfer of shares – All decisions related to share allotment or transfer of shares should pass through the CS.

If you are looking for company secretary jobs, you can go for an internet search. There are various Hong Kong based companies that currently require professionals for this unique position.