With the aim of further enhancing Hong Kong's status as a
major international business and financial centre, the Hong Kong
Legislative Council has passed the new Companies Ordinance (the
'Ordinance') on 12 July 2012. The new Ordinance is expected
to come into effect in the first quarter of 2014.
The new Ordinance consists of more than 900 sections, 11 schedules
and 12 items of subsidiary legislation. Please click here to read a summary of the major
reforms.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.