The appointment of a Significant Controllers Register Designated Representative is a requirement of the Hong Kong Companies Ordinance for Hong Kong SAR registered companies.
This appointment does not exist under UK company law.
To enhance transparency of corporate beneficial ownership in order to fulfil Hong Kong’s international obligations, the Companies Ordinance was amended as of 1 March 2018 to require a company incorporated in Hong Kong to obtain and maintain up-to-date beneficial ownership information, by way of keeping a Significant Controllers Register (“SCR”), for inspection by law enforcement officers upon demand.
In addition, the company is required to designate a representative to serve as a contact point for providing information about the SCR and related assistance to law enforcement officers.
Indigo Secretarial (Hong Kong) as a company licensed to carry on business as trust or company service provider can act as that designated representative.