Companies Ordinance Rewrite

We consider it important to gauge views of stakeholders and the general public in the process of the rewrite. Apart from the SCCLR and an existing working group to review the accounting and auditing provisions of the CO, we have established four dedicated advisory groups, comprising representatives from relevant professional and business organizations, academics, members of the SCCLR and representatives from relevant government departments and agencies, to advise on specific issues concerning the rewrite.

• Advisory Group on Share Capital, Distribution of Profits and Assets and Charges Provisions ("AG1")

• Advisory Group on Company Formation, Registration, Re-registration and Company Meeting and Administration Provisions ("AG2")

• Advisory Group on Directors and Officers Related Provisions ("AG3")

• Advisory Group on Inspections, Investigation and Offences and Punishment Provisions ("AG4")

• Joint Government/HKICPA Working Group to Review the Accounting and Auditing Provisions of the Companies Ordinance ("JWG")