After company incorporation HK, there are two terminologies used to describe the shareholders, i.e. Shareholders and Stockholders. There is no significant difference between them, and they are often used interchangeably. However, the shareholders will have different rights and duties as compared to the owners of the company.
The shareholders will be given voting rights on all proposals, which are presented at the annual general meeting (AGM). The shareholders can either reject or accept the proposals. If the shares of the shareholders are not present at the AGM, then the company directors will make decisions following the wishes of the owners.
The stockholders will also get a vote on the officers and directors of the company. They will also get the opportunity to elect their chosen company officers and directors from among the candidates who apply for the position. The voting system used in this regard is called the ‘one member one vote’ system.
They will also be able to receive information on whether the company is making progress in meeting its financial objectives.
They will also be able to obtain copies of all documents relating to legal matters and corporate affairs and all the documents relating to the financial matters of the company. They will also get the opportunity to ask questions regarding the management of the company.
Stockholders are entitled to request and get copies of the minutes and correspondence about meetings held by the directors of the company. They will also be able to request and get copies of all documents relating to the financial matters of the company.
All the company directors of the company have to be qualified to do the business. They will have to be licensed, registered, bonded, and insurance. They must also pass a written examination conducted by the government.
In the UK there are various types of companies that offer start up company Hong Kong. These include limited liability companies, limited partnerships, corporations, limited partnerships, limited partnerships, a company limited by shares, and also limited liability partnerships. These companies are offered under the Companies House scheme. They are offered under the law of Hong Kong and also under the statutory scheme.
Company formation in Hong Kong is available for all those persons who want to incorporate a business. They can apply for the same through the Companies House or a registered agent.
Company incorporation HK is a complex process. The people involved in such a process have to follow a complex set of procedures and rules.
Before they can establish a company, all the persons involved in the process have to register with the Secretary for Company Registration in Hong Kong. And have to fill in an application form.
If one can do all these things, he or she will then be permitted by the Secretary for Company Registration to set up the company in the territory. Once the process is over, the registered office of the company will issue a certificate. This certificate will be issued to the company, and it will become its official name. Once this is done, the company will have to be registered with the Registrar of Companies in Hong Kong.