An Update for Real Estate Developers and Investors: The New Companies Ordinance in Hong Kong – Key Issues for You to Consider

Most real estate developers and investors in Hong Kong will own properties or their portfolios through a mixture of Hong Kong companies, BVI companies and perhaps companies incorporated in other jurisdictions. Accordingly, it is important in the administration of your portfolios to take note of the new Companies Ordinance in Hong Kong which commenced operation on 3 March 2014 (new CO). The new CO has brought in a number of changes. How does it affect your Hong Kong companies? What actions should you be addressing? We highlight below four questions that frequently asked.