2 April 2014
Applicable to business registered under the Business Registration Ordinance
Every person carrying on a business in Hong Kong should ensure compliance with the requirements of the Business Registration Ordinance. Please note:
- Section 7(2) requires every person carrying on a business to notify the Commissioner of the non-receipt of the demand notice in writing within one month of the expiry of the existing certificate
- Section 8 specifies that where occurs any change in the particulars of a business as set out in the form of application for registration or where a business ceases to be carried on, any person carrying on such business or any person who was carrying on such business shall within one month of such change or of the cessation notify the Commissioner in writing thereof
- Section 15(1) provides penalties for offences against the Ordinance consisting of a fine of $5,000 and imprisonment for 1 year
- Section 21 provides for paying all money received as levy to the Protection of Wages on Insolvency Fund.
Please feel free to contact us should you require more information on the above.
(852) 2574 8289
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