UK COVID-19 Developments
HMRC updates its trading activities guidance
United Kingdom, Insolvency & Restructuring, Litigation, Tax, Proskauer Rose LLP, Coronavirus, European Commission, HM Revenue and Customs (UK), UK House of Commons, Court of Justice of the European Union
The new Hong Kong Companies Ordinance is planned to come into operation in the first quarter of 2014. This wholesale renovation of the law governing the operation of companies in Hong Kong repeals almost all of the existing provisions of the Companies Ordinance with a few exceptions, including the existing insolvency and winding-up provisions. These will remain in their current form and be retitled as the Companies (Winding Up and Miscellaneous Provisions) Ordinance.