How To Register A Nonprofit Organization In Hong Kong
Justice centre hong kong this nonprofit human rights organisation works fearlessly to protect the rights of hong kong s most vulnerable forced migrants.
How to register a nonprofit organization in hong kong. According to the societies ordinance cap. Similair to a private company a non profit organization has a board of directors members individuals or corporations and a local secretary. Company registration in hong kong is an easy and quick process and it also applies to non profit organizations and foundations. Many charities and non profit organizations opt for incorporation of a hong kong limited company as vehicle of their organization under the companies ordinance regulated by the companies registry. An organization depending on its object nature and operation may decide to register under any appropriate ordinance.
The rationale behind this trend is to form a limited liability company in hong kong to protect the business people operating charitable or community projects from future liabilities debts and legal risks of the. The main reason to form a limited company is to protect the people running the community projects or charity from personally liable to the debts and legal responsibilities. Survivors of torture human trafficking and forced labour as well as refugees and other people seeking protection. Founded in 2007 the organization develops service programs to help local under served non profit organizations and connects them with the volunteer manpower they need to achieve their mission. The goal of any nonprofit organization is to offer knowledge services or research to benefit the broader community or general public using the majority of the organization s funds.
Handson hong kong hohk is a registered charity whose mission is to empower everyone in hong kong to volunteer. We envision a community where everyone serves to meet social needs. The legal status of a charity of hong kong will be that of a limited liability company should the investor choose to set up a company for charitable purposes instead of a fund. Why more and more people opt for non profit organizations. Most non profit organizations and charities in hong kong opt for incorporation of a hong kong limited company as a vehicle of their organization under the companies ordinance.
The entity follows the usual steps to register a company limited by guarantee instead of limited by shares as there is no capital involved. In order to set up a non profit organization in hong kong business owners don t require a share capital. The company registration process includes a few basic steps among which picking up an available name for the future non profit organization drawing up the company s articles of association and appointing the.