Please see our e-mail below regarding the response of Winnie on HK Co.,’s requirement of minimum contribution.
Our question:
We understand from the AOA that the company should have the registered capital at HK$3,000,000.
Please advise whether there is any requirement under HK laws obliging the shareholders to contribute to the registered capital
(may be by cash)? If yes, how much is the minimum amount required under the laws and how long is the period that the shareholders must
contribute to the registered capital. If the shareholders already contributed the minimum amount (if any), how long is the period that the shareholders must
contribute to remaining registered amount?