July 2025 - Amendments to Companies Ordinance enacted in Hong Kong in 2025
July 2025 - Amendments to CO enacted in Hong Kong
Background
A. Companies (Amendment) (No. 1) Ordinance 2025: The Hong Kong Companies Ordinance (“HKCO”) has been amended, effective from 17 April 2025:
- To promote paperless corporate communication for companies; and
- To introduce a new treasury share regime for listed companies.
B. Companies (Amendment) (No. 2) Ordinance 2025: The Companies (Amendment) (No. 2) Bill 2024 (the “Bill”) introducing the company re-domiciliation regime in Hong Kong has been passed by the Legislative Council and came into force on 23 May 2025.
Highlights:
- Promoting paperless corporate communication for Hong Kong companies
- Introduction of treasury share regime
- Adoption of re-domiciliation regime for Hong Kong
