The Companies (Amendment) Ordinance 2023 will come into operation tomorrow (28 April 2023)

Starting tomorrow (April 28), the Companies (Amendment) Ordinance 2023 will be in effect, allowing companies to hold general meetings in virtual or hybrid formats. This amendment was passed by the Legislative Council on January 18, and will provide companies with greater flexibility in conducting their corporate affairs according to their own unique circumstances and needs. To ensure smooth implementation of the new arrangements, the Companies Registry has provided a “Guidance Note – Good Practice on Holding Virtual or Hybrid General Meetings” and organized talks for companies. Detailed information can be found on the CR’s website.

resource: https://www.info.gov.hk/gia/general/202304/27/P2023042700245.htm

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