Who Runs a Company? Hong Kong Company Directors’ Duties

Wondering what it means to be a company director in Hong Kong? This video dives into the essential duties and requirements for directors of a Hong Kong company. Whether you’re considering appointing a director or acting as one yourself, understanding these responsibilities is key to keeping the company compliant and successful.

If you are setting up a company in Hong Kong, the role of the director is one of the most important but also one of the most misunderstood. Many entrepreneurs assume directors must live in Hong Kong, attend meetings in person, or play only a symbolic role. In reality, getting this wrong can create compliance issues, limit your banking options, or expose you to responsibilities you did not expect.

In this video, Guy, Content Manager at Statrys, explains who can act as a director of a Hong Kong company and what that role actually involves. He walks through the different types of directors you can appoint, the flexibility Hong Kong offers to foreign founders, and the legal duties directors must follow when managing a company.

If you are planning to incorporate in Hong Kong or already run a company there, this video helps clarify what is expected of directors and how to structure the role properly from day one.

Key Takeaways

What a Hong Kong company director is responsible for in practice
Whether directors need to live in or travel to Hong Kong
Who can be appointed as a director, including individuals and corporate entities
The difference between a sole director and multiple directors
What a nominee director is and the risks involved in appointing one
The core legal duties of directors: authorisation, decision-making, and compliance
How directors’ responsibilities interact with banking and company operations