FAQS OF 2014 NEW COMPANIES ORDINANCE

Q1. WHAT ARE THE OBJECTIVES OF REWRITING THE COMPANIES ORDINANCE (CAP. 32)? Answer: The rewrite aims to achieve four main objectives, namely, enhancing corporate governance, ensuring better regulation, facilitating business and modernising the law. The comprehensive rewrite of the Companies Ordinance (Cap. 32) allows Hong Kong to leverage the developments of company law in other…

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