1. Our Service Fees for Processing Share Allotment
Our fees for handling an issue and allotment of shares in a Hong Kong private company are HKD4,000 for up to 3 shareholders. An extra HKD800 will be charged for each shareholder after the first three. Our fees cover the following services:
(1) Reviewing the Articles of Association and Register of Members
(2) Preparation of Minutes of Directors’ Meeting and share allotment documents
(3) Filing share allotment documents with Companies Registry
(4) Issuing new share certificate
(5) Updating Register of Members
(6) Delivery of new share certificate
Please note delivery charge is not included in the fees stated above.
2. Share Allotment Procedures
(1) The Company receives application(s) from potential investor(s) (or new shareholder(s));
(2) The Board of Directors holds a Board Meeting and pass a resolution to resolve the issuance of new shares; Alternatively, a written resolution to resolve the issuance of new shares are signed by all directors;
(3) The Company issues share certificate(s) to the new shareholder(s);
(4) The Company updates the Register of Member;
(5) The Company files a specified share allotment form with the Companies Registry within a month after allotment;
3. Materials Required for the Allotment of Shares
The following materials are required for the purpose of issuing and allotment of shares in a Hong Kong private company:
(1) A copy of the Memorandum and Articles of Association
(2) The Register of Members
(3) Share certificates
(4) A copy of the latest Annual Return(5) The names and residential address (with proof) of the new shareholder(s)
(6) Number of shares to be issued and allotted
(7) The amount of consideration per share. If consideration is not in cash, please specify the particulars of the consideration
If Kaizen acts as Company Secretary of your Hong Kong company, then client is only required to provide item (5), (6) and (7).
4. Time Frame
Normally, the whole process for allotment of shares could be completed in 2-3 day, starting from the date we receive the duly signed allotment documents. If client can come to our Hong Kong office to sign the documents and rush service is required, then the whole process could be completed in a day. Extra fees will be charged for rush service.
5. Materials Returned after Completion
The following materials will be returned to client after the process for issuing and allotment of shares is completed:
(1) A share certificate to each new shareholder
(2) Updated Register of Members
(3) A copy of minutes authorizing the issue and allotment
(4) A copy of documents filed with the Company Registry in respect of the issue and allotment
6. Payment Term and Method
If you wish to obtain more information or assistance, please visit the official website of Kaizen CPA Limited at www.kaizencpa.com or contact us through the following and talk to our professionals:
Email: info@kaizencpa.com, enquiries@kaizencpa.com
Tel: +852 2341 1444
Mobile : +852 5616 4140, +86 152 1943 4614
WhatsApp/ Line/ Wechat: +852 5616 4140
Skype: kaizencpa
