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──Dec 13 , 2021Why are Hong Kong companies forced to change their names by the Companies Registry?

customerHong Kong companyThe main words in the name of a reference to a well-known international brand, the Hong Kong Companies Registry ordered the company to correct the company name within a specified time.It is learnt that in recent years, the Hong Kong Companies Registry has received a number of complaints against "shadow companies" from owners of enterprise names or trademarks.

Hong Kong companyTo ensure the effectiveness and convenience of the regulatory regime for companies in Hong Kong, the Companies Registry has made a number of improvements in the process of company formation and name registration, filing of information and registration of charges. Strengthen the "shadow company"", authorising the Registrar of Companies to make a court order to order "shadow companies"Change of company name. If the company does not change its name within the time limit, the Companies Registry will replace the company name with the company registration number.

Meanwhile, authorities in China, Japan, the European Union and the United States have cracked down on these "shadow companies" for using Hong Kong's company name registration system to fake trademarks in mainland China.

Why are Hong Kong companies forced to change their names by the Companies Registry?

CycloseThe company is committed to providing domestic and foreign customers with corporate audit, tax declaration, registration, annual inspection, tax planning and other services in Hong Kong, Singapore, Dubai and other regions. Efficient, rigorous, intimate service has been favored by many private enterprises, listed companies and large state-owned enterprises.

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