Hong Kong companies may hold fully virtual or hybrid general meetings after commencement of the Companies (Amendment) Ordinance 2023 on 28 April 2023
March 2023
The Companies (Amendment) Ordinance 2023 (‘the Amendment Ordinance’) has been gazetted and will come into operation on 28 April 2023. It seeks to modernise the Companies Ordinance (Cap. 622) (‘CO’) and the Companies (Model Articles) Notice (Cap. 622H) (‘Model Articles’) to expressly cater for the scenario of Hong Kong companies holding fully virtual general meetings without the requirement for presence of members at any physical locations, as well as hybrid general meetings (i.e. a mixed mode of virtual and physical meetings).
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