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Every country or territory has its own rules and regulations in which foreign business owners, entrepreneurs, investors must comply with the jurisdictions’ rules and regulations when they operate their businesses in a particular jurisdiction.
As the name suggests, company secretarial services are not typically the work of a secretary, but refer instead to the administrative responsibilities of a business, such as ensuring good corporate governance, efficient administrative processes, and compliance with laws and regulations.
Hence, company secretarial services in Hong Kong are used for supporting the company’s compliance needs including keeping your paperwork in order, making sure your company updates with the latest information concerning the local regulations and rules.
In specific, Offshore companies in Hong Kong need to have a local company secretary to stay updated with the newest information from the Hong Kong government.