Provision of a qualified individual with the capacities to:
- Formulate strategic policies
- Determinate business directions
- Organize the work plan
- Decide on mode of business financing
- Implement management policies, work plan etc.
- Evaluate the business performance
The Director will be hired under an employment contract, with a monthly remuneration subject to the Mandatory Provident Fund and will be named on the employer return declaration to the Inland Revenue Department.
Health insurance will be contracted (legal minimum level) as well as a director liability insurance.
Agreements signatory powers
Agreements with be reviewed by para-legal services to ensure that they don’t contravene to any laws and regulations and particularly that Hong Kong laws and regulations are well respected. Additionally, a compliance on the involved parties will be conducted as this is often requested by Financial Institutions. If the agreements are provided by the law firm referring the client the compliance and the review will be shortened.
Organization and monitoring
The Director will organize the meetings in Hong Kong for the directors/partners to take resolutions with a description of the subjects matters discussed.
The Director will monitor the state of affairs and review Monthly P&L which should be prepared for the 20 of the next month, he will obviously sign all management accounts and the audit / tax declaration.