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Keeping of Significant Controllers Registers (“SCR”) and Appointment of Designated Representative

To enhance transparency of corporate beneficial ownership in order to fulfil Hong Kong’s international obligations, the new Company Law is amended to require a Hong Kong company to maintain beneficial ownership information by way of keeping a SCR. The Register should be open for inspection by government officers upon demand. Each of beneficial owner holding more than 25% share interest or voting right must require to register in the SCR.

Designated Representative is a person or legal entity safe keeping of this SCR for Government inspection. Our CORE is pleased to act as Designated Representative FREE of Charge.

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