Contract (Bought and Sold) Notes
Contract (Bought and Sold) notes for the transfer of shares from the transferor to the transferee.
Compliance and Licensing
Trademark Licence Agreement
Trademarks Licence Agreement whereby the Licensor grants the Licensee the right to use the trademarks for products, goods or services. This is drafted in Neutral Form.
Copyright Licence Agreement
Copyright License Agreement whereby the Licensor grants the Licensee the right to use the copyright works for commercial production. This is drafted in Neutral Form.
Can I use my personal bank account for my business?
Whether a business owner should use his personal bank account or open a corporate bank account is one of the vital concerns when starting one’s own business. There is no legal obligation for a company to create a corporate bank account, although doing so could be beneficial both financially and administratively. This article will explain … Read more
Can I receive payment from a third party who is not my customer for my goods and services? Would there be any money laundering issues from receiving third-party payments?
Requests from clients for third-party payment arrangements should normally be refused. Requiring a third-party to receive a client’s funds should be rare. Such arrangements are acceptable in exceptional and legitimate circumstances due to the financial crime and compliance risks associated with such transactions. For instance, third-party payments may be used to disguise the true beneficial … Read more
Do I need a license to engage in cryptocurrency-related investment activities?
Cryptocurrencies and blockchain technology have established a new economy and thereby brought new investment opportunities. Without direct legislation regulating the use of cryptocurrencies in Hong Kong, there lies a certain degree of uncertainty regarding how they can be used legitimately. This article will explain (i) the relevant regulated activities; (ii) the Securities and Futures Commission … Read more
Can I transfer the shares of my company?
The shareholders of a Hong Kong company may choose to transfer their shares either by sale or gift to an existing or a new shareholder at any time. A share transfer may be triggered to, for instance, facilitate the restructuring of a company or the rearrangement of profit sharing or ownership etc. However, such transfer … Read more
Do I need a license to give investment advice?
More and more investors look for investment advice to advance their short- and long-term financial goals. Abundant “tips” and “advice” regarding investment have become increasingly accessible through social media platforms. However, any company or individual carrying out regulated activities such as in the securities and futures market needs to apply for a relevant type of … Read more
Do I need a money lenders license to lend money?
Licensed money lenders offer an alternative route of financing for individuals and businesses. Generally, a person carrying on business as a money lender in Hong Kong must obtain a money lenders licence. This article will help you understand (i) the situations where you would need to obtain a money lender license to lend money and … Read more