Please discuss with the Guideline on Registration of Company Names for Hong Kong Companies for the factors to note when selecting an organization name. Company limited by shares – the legal responsibility of members is restricted by the articles of association to the quantity unpaid on the shares respectively held by them. Catch up and prep for the week ahead with this newsletter of an important business insights, delivered Sundays.

Consolidation creates a new company by combining core companies and abandoning the old corporate constructions. Stockholders of both corporations should approve the consolidation, and subsequent to the approval, obtain common equity shares within the new firm. For instance, in 1998, Citicorp and Traveler’s Insurance Group introduced a consolidation, which resulted in Citigroup. It should turn into the engine that drives your group into adaptability—and it can, with a few simple enhancements.

Whats Good For The Ocean May Be Good For Enterprise

Get a free one-month course on starting your corporation written by the specialists at Stripe Atlas. We’ll create the authorized documents, file the paperwork, and apply on your Tax ID number. Sign up for discounts from our companions, including Amazon Web Services, authorized and accounting corporations, and extra. Join …