What Are the Requirements and Responsibilities for Appointing a Director in Hong Kong?

Directors must be at least 18, be natural persons or companies as allowed, and are responsible for governance, compliance and acting in shareholders’ best interests. Appointment: Board resolution, signed acceptance and filing Form ND2A within 15 days. Ineligible persons include bankrupts and those convicted of indictable offences.

Director Responsibilities:

• Manage the company in the interests of all shareholders.
• Ensure compliance with laws.
• Act in good faith.
• Avoid conflicts of interest.
• Administer corporate operations.
• Maintain proper accounting records.

Appointment Process:

• The company must pass a board resolution approving the appointment.
• Obtain a signed acceptance from the director.
• Submit Form ND2A (Notice of Change of Company Secretary and Director) to the Companies Registry.
• The filing must be done within 15 days of the appointment.

Osome can guide or handle the entire process to ensure statutory compliance.