
approved charitable institution ("ACI")

Generally speaking, for an institution or a trust
to be a charity, it must be established for purposes
which are exclusively charitable according to
law. If the objectives of the company is not-for-profit
and for charities etc.., we may assist for in
the application for approved charitable institution (" ACI ") and incorporate the company limited by guarantee for such purpose. We are having some different approaches for non-profit motive clients to choose from in relation to his/her needs.
The processing time of an application for ACI takes about 4-6 months, dependent on the information provided by and responsed time from client. Company formation takes about 1 month to complete.
For reason of length time involved in the application, some clients, in urgency in tender or in cooperation of some projects with other NPOs, may choose to form the company ("a") and apply for the ACI ("c") at the same time. If it is not in urgency, application for ACI with company formation ("b") may be the cheapest and steady method to choose from.
For some clients with activities of Foundation, Association or Society, would like to have its company name to dispense with "Limited", we may help in the application.
Upon successful approved as ACI, we may further assist clients in the areas of corporate services (like company secretarial services or maintenance of registeres...), accountancy and bookkeeping services, branding the company, general consultancy and arrangement of statutory audit of the company's accounts.
Our aim is to provide a comprehensive service to our clients in both offshore
and Hong Kong operations. We tailor our services to client's individual
requirements. If you would like to take advantage of our experience, please
free to contact us. |