28 May 2025

BBU No. 20 (2025) - ORO News Update: Company Re-domiciliation Regime and its Implications on Prosecution of Insolvency Offences

On 23 May 2025, the Companies (Amendment) (No. 2) Ordinance 2025 (“the Amendment Ordinance”) came into operation, providing for a regime to enable a company incorporated outside Hong Kong to transfer its domicile to Hong Kong. By virtue of the Amendment Ordinance, the definition of “company” in S. 2(1) of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32) (“Cap. 32”) has been amended to include a re-domiciled company under the Companies Ordinance (Cap. 622). Therefore, S. 274 of Cap. 32 is now applicable to a re-domiciled company.

To view the details, please click HERE for ORO Circular No. 2/2025.

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