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

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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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