Articles of Association

Articles of Association of a limited private company. It is a document that contains the rules and regulations or even bye-laws of a company, which guides the internal operations and management of the company.

Shares Certificate

This is a Share Certificate issued to the Shareholder evidencing the ownership of the shares of the Company.

How do I issue/transfer shares?

A company’s power to issue and transfer shares and the limitations are prescribed in the company’s article of association (“the Articles”) and the Companies Ordinance (Cap. 622).  The procedures of issuing and transferring shares are different, therefore it is essential to distinguish the two so you can comply with the respective requirements.  What’s the difference? … Read more

How do I appoint/remove a director?

The directors are responsible for the overall management of the company.The process for appointment and removal of director(s) is governed by the article of association (“the Articles”) and the Companies Ordinance (Cap. 622) (the “CO”).  Appointment of Directors Age: Any person, who is 18 years old or above, can be appointed as a company director … Read more

What is the difference between Shareholders’ Agreement and Articles of Association?

A Shareholders’ Agreement (“the Agreement”) is an agreement between the shareholders of a company to define the rights and obligations of the shareholders. Some of the key provisions are: voting rights, dividend policy, restrictions on transfer of shares, protection for minority shareholders.  Given the contractual nature of the Agreement, if one of the shareholders breach … Read more