Annual Return

The 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:

Commencement Date: 09 Aug 11
Financial Year: 01/04/11 – 31/3/12

Within Date Charge
42 days or 20 Sep 12 $105
90 days or 07 Nov 12 $870
180 days or 05 Feg 13 $1,740
270 days or 05 May 13 $2,640
365 days or 09 Aug 13 $3,480
More days or 10 Aug 13 Penalty

 Annual Return Submission

Particular Remarks Download
AR 2018-19 Running
AR 2017-18 Not Submitted
AR 2016-17 Not Submitted
AR 2015-16 Submitted Not AV
AR 2014-15 Submitted Not AV
AR 2013-14 Submitted Not AV
AR 2012-13 Submitted Not AV
AR 2011-12 Submitted Not AV

Audited Financial Statement:

The organization’s financial statement should be prepared before the submission of Annual Return. The Annual Return is filled according to the information of Audited Financial Statement. The Audited Financial Statement and the Annual Return is submitted together.

Financial Report Submission

Particular Remarks Download
Report 2018-19 Running
Report 2017-18 Not Submitted
Report 2016-17 Submitted Not AV
Report 2015-16 Submitted Download
Report 2014-15 Submitted Not AV
Report 2013-14 Submitted Download
Report 2012-13 Submitted Not AV
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 bodies of the elected executive committee members according to 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.

Name Appoint-Resign Remarks Download
RAI KAMAL 25/03/18 New (NR) NA
RAI PABITA 25/03/18 New (NR) NA
RAI CHANDRAKA 25/03/18 New (NR) NA
RAI GANGA RAM 12/04/16- Active NA
RAI AJAY 12/04/16- Active NA
RAI HARICHANDRA 12/04/16- Active NA
RAI YUKPRASAD 12/04/16-25/03/18 Past NA
RAI BIMAL 09/08/11-25/03/18 Past NA
RAI LALPARSAD 09/08/11-25/03/18 Past NA
RAI PITAMBAR 09/08/11-12/04/16 Past NA
RAI SHASHI MADAN 09/08/11-12/04/16 Past NA
RAI KISAN 09/08/11-12/04/16 Past NA

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,

Authorization Letter

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.