Annual return is the return an investment provides over a period of time, expressed as a time-weighted annual percentage. Sources of returns can include dividends, returns of capital and capital appreciation. The charitable company’s annual return last submission date is 13 November each year. Other company’s annual return date is 31 December each year.
The annual return should be delivered a Form NAR1 to the Registrar of Companies (“the Registrar”) for registration once in every year within 42 days after the date of the company’s Annual General Meeting according to section 109 of the Predecessor Ordinance (i.e. the Companies Ordinance (Cap. 32) as in force from time to time before the commencement date of the Companies Ordinance (Cap. 622)).
Annual Return Fee:
|Within 42 days after the AGM||$105|
|Within 3 months after the AGM||$870|
|Within 6 months after the AGM||$1,740|
|Within 9 months after the AGM||$2,610|
|More than 9 months after the AGM||$3,480|
|More than 1 year after the AGM (Summon to the court)||Penalty|
Annual Return Submission
|Annual Return 2018-19||Running|
|Annual Return 2017-18||Not Submitted|
|Annual Return 2016-17||Not Submitted|
|Annual Return 2015-16||Submitted||Download|
|Annual Return 2014-15||Submitted||Download|
|Annual Return 2013-14||Submitted||Download|
|Annual Return 2012-13||Submitted||Download|
|Annual Return 2011-12 ()||Submitted||Download|
Audited Financial Statement:
The organization’s financial statement should be prepared before submission of Annual Return. The Annual Return is filled by according to the information of Audited Financial Statement. The Audited Financial Statement and the Annual Return is submitted together.
Financial Statement Submission
|Financial Report 2018-19||Running|
|Financial Report 2017-18||Not Submitted|
|Financial Report 2016-17||Not Submitted|
|Financial Report 2015-16||Submitted||Download|
|Financial Report 2014-15||Submitted||Download|
|Financial Report 2013-14||Submitted||Download|
|Financial Report 2012-13||Submitted||Download|
|Financial Report 2011-12||Submitted||Download|
Change of Secretary/Directors:
Kirat Rai Association Hong Kong has 7 directors and 1 corporate secretary. The directors will be the first 7 body of the elected executive committee members according to the chapter 7, section 1 of association’s “Bidhan” and a secretary will be elected by the directors.
According to the Company Ordinance (Chapter 622), change of directors should deliver a Form ND2A “Notice of Change of Company Secretary and Director (Appointment╱Cessation)” to report the appointment of directors or cessation to act as directors within 15 days after the appointment or cessation for registration.
|RAI KAMAL||25/03/18||New (Not Registered)|
|RAI PABITA||25/03/18||New (Not Registered)|
|RAI CHANDRAKA||25/03/18||New (Not Registered)|
|RAI GANGA RAM||12/04/16-||Active – Director|
|RAI GAJENDRA BAHADUR||12/04/16-||Active – Director|
|RAI AJAY||12/04/16-||Active – Director|
|RAI HARICHANDRA||12/04/16-||Active – Director|
|RAI YUKPRASAD||12/04/16-||Active – Director|
|RAI BIMAL||09/08/11-||Active – Director|
|RAI LALPARSAD||09/08/11-||Active – Director|
|GURUNG & SUM BUSINESS SOLUTION LTD.||09/08/11-||Active – Secretary|
|RAI PITAMBAR||09/08/11-12/04/16||Past – Director|
|RAI SHASHI MADAN||09/08/11-12/04/16||Past – Director|
|RAI KISAN||09/08/11-12/04/16||Past – Director|
Change of Registered Office:
A Form Form NR1 must be delivered to the Companies Registry to change the registered office within 15 days after the change.
|Kirat Rai Association Hong Kong Limited
Room 9, 2/F, Hop Yik Commercial Center,
33 Hop Choi Street, Yuen Long,
Failure to file Annual Return for the year and Financial Statement within the proscribed time causes summon to the court. If the summon arise at the court and need to go to hearing for summon an Authorization letter on the company’s letter head will be need. Here is a sample Authorized Letter.