Quote: (06-20-2013 12:39 AM)worldwidetraveler Wrote:
Quote: (06-19-2013 11:45 PM)youngmobileglobal Wrote:
HK does not require a resident director like Singapore does. I am assuming this is what you meant. I've never heard the term resident agent. This is a reason why I did not want to incorporate in Singapore - I didn't want some random Sri Lankan stranger to be my resident director. I don't care if it's just a formality - that seems like something the western world might be cracking down on.
It is noticeably cheaper to incorporate in HK compared to SG.
Click here to learn more: http://www.guidemesingapore.com/country-...-hong-kong
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From my research, it looks like the law changed in regards to resident directors which is why I asked.
"Restricting the appointment of corporate directors by requiring every private
company to have at least one natural person to act as director, to enhance
transparency and accountability"
http://www.cr.gov.hk/en/publications/doc...nnex-e.pdf
I don't think this is about resident directors. Read it again.
Natural director. They don't say resident director.
IMO this means that they dont want the director to be "CLANDESTINE HOLDINGS CAYMAN ISLANDS"
And would prefer a John Smith or Raymond Lam to be Director.
I may be wrong.
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