Best Nonprofit & Charitable Organizations Lawyers in Central

Share your needs with us, get contacted by law firms.

Free. Takes 2 min.

Oldham, Li & Nie

Oldham, Li & Nie

Central, Hong Kong

Founded in 1987
100 people in their team
Oldham, Li & Nie (OLN) is a highly regarded full-service law firm, whose commitment to professional excellence has been the cornerstone of the...
Chinese
English
French
Japanese
Spanish
View profile
Yung, Yu, Yuen & Co.

Yung, Yu, Yuen & Co.

Central, Hong Kong

Founded in 1965
50 people in their team
Weng Yuruan Law Firm was founded in 1965 by lawyers Weng Guoyu, Yu Pingzhong and Ruan Bei Yao, and has developed into a well-known and well-known...
Chinese
English
Tonys Lawyers

Tonys Lawyers

Central, Hong Kong

Founded in 2002
10 people in their team
Who We AreTonys Lawyers was founded by a number of experienced lawyers who had been working and practicing for around or more than 20 years in Hong...
Chinese
English
So Keung Yip & Sin

So Keung Yip & Sin

Central, Hong Kong

Founded in 1992
50 people in their team
AboutThe firm So Keung Yip & Sin (“SKYS”) was established in 1992 by five senior lawyers then practising in the Hong Kong office of a...
Chinese
English
Siu & Co., Anthony

Siu & Co., Anthony

Central, Hong Kong

Founded in 2000
50 people in their team
About UsAnthony Siu & Co. is a dynamic Hong Kong based law firm with a distinguished legal network behind it.  We practise in the following...
Chinese
English
Wellington Legal

Wellington Legal

Central, Hong Kong

Founded in 1999
50 people in their team
Our FirmWe are a vibrant, energetic and forward-thinking Hong Kong law firm with a clear vision to provide high quality professional legal...
Chinese
English
P C Woo & Co

P C Woo & Co

Central, Hong Kong

Founded in 1945
52 people in their team
 Established in 1945, P. C. Woo & Co. has served Hong Kong with quality, efficient services for over 70 years. We are conveniently located...
Chinese
English
Patrick Chu, Conti Wong Lawyers LLP

Patrick Chu, Conti Wong Lawyers LLP

Central, Hong Kong

Founded in 2019
50 people in their team
Patrick Chu, Conti Wong Lawyers LLP is a Hong Kong-based law firm established by a group of experienced solicitors. Our goal is to deliver reliable...
Chinese
English
Weil, Gotshal & Manges LLP

Weil, Gotshal & Manges LLP

Central, Hong Kong

Founded in 1931
1,100 people in their team
Founded in 1931, Weil has provided legal services to the largest public companies, private equity firms and financial institutions for the past 90...
English
Chinese
Tony Kan & Co

Tony Kan & Co

Central, Hong Kong

Founded in 1984
16 people in their team
About usFounded in 1984, Tony Kan & Co. is one of Hong Kong's established law firms providing a comprehensive range of professional legal...
Chinese
English
AS SEEN ON

About Nonprofit & Charitable Organizations Law in Central, Hong Kong

Nonprofit and charitable organizations in Central, Hong Kong, play a crucial role in addressing various social, educational, and health-related issues. Governed by specific laws and regulations, these organizations operate under a framework that ensures accountability, transparency, and public trust. The legal structure often involves compliance with tax exemptions, fundraising activities, and corporate governance to safeguard assets and donor interests. Central, as a prominent business hub, provides a conducive environment for such organizations to thrive, supported by a dedicated legal framework to manage their operations effectively.

Why You May Need a Lawyer

Engaging a lawyer experienced with nonprofit and charitable organizations is essential for several reasons. Common situations requiring legal assistance include:

  • Setting up a new nonprofit: Legal expertise can help navigate incorporation, tax exemption applications, and drafting bylaws.
  • Compliance issues: Lawyers ensure adherence to regulatory requirements and avoid penalties or legal challenges.
  • Contract review: Legal advice is crucial in reviewing contracts with vendors, donors, and partnerships to mitigate risks.
  • Dispute resolution: Whether internal or external, legal counsel can help resolve conflicts efficiently.
  • Corporate governance: Establishing sound governance practices requires legal input to ensure accountability and transparency.

Local Laws Overview

Nonprofits in Central, Hong Kong, are subject to several key legal aspects:

  • Incorporation: Typically registered under the Companies Ordinance as Companies Limited by Guarantee, requiring a specific memorandum and articles of association.
  • Tax exemptions: Governed by the Inland Revenue Ordinance, organizations must apply for tax-exempt status with the Inland Revenue Department.
  • Fundraising regulations: Complying with the Public Fundraising Permits managed by the Social Welfare Department is essential for legal fundraising activities.
  • Charitable status: Recognition by the Inland Revenue Department is necessary to qualify for charitable status and associated benefits.
  • Corporate governance: Compliance with the corporate governance code is vital for maintaining trust and legal standing.

Frequently Asked Questions

What is the process of setting up a nonprofit organization in Hong Kong?

To set up a nonprofit, you typically register as a Company Limited by Guarantee under the Companies Ordinance and apply for charitable status with the Inland Revenue Department.

Do all nonprofits qualify for tax-exempt status?

No, only organizations that meet the criteria and have been recognized by the Inland Revenue Department as charitable under the Inland Revenue Ordinance qualify for tax exemptions.

What are the annual filing requirements for nonprofits?

Nonprofits must file annual returns, financial statements, and tax returns with the Companies Registry and the Inland Revenue Department, even if tax-exempt.

Can a nonprofit engage in commercial activities?

Yes, but any profit generated must be used to further the organization’s charitable objectives, and such activities should not jeopardize its tax-exempt status.

What governance structures must a nonprofit have?

A nonprofit should have a board of directors to oversee its operations, ensure accountability, and comply with legal obligations under the corporate governance code.

Are there specific laws governing fundraising activities?

Yes, fundraising activities are regulated, requiring permits from the Social Welfare Department, and must comply with specific guidelines to ensure transparency.

Is it possible to change the objectives of a nonprofit after registration?

Yes, changes are possible but must be approved by the Companies Registry and, if relevant, the Inland Revenue Department.

What penalties do nonprofits face for non-compliance?

Penalties include fines, loss of tax-exempt status, or deregistration by authorities if legal and regulatory requirements are not met.

Can foreign nonprofits operate in Hong Kong?

Yes, but they must comply with local registration requirements and legal obligations like any domestic nonprofit to conduct activities in Hong Kong.

How can a nonprofit ensure compliance with anti-money laundering laws?

Nonprofits must establish internal policies, conduct proper due diligence on donors, and report suspicious activities to comply with anti-money laundering regulations.

Additional Resources

If you are seeking more information or resources related to nonprofit and charitable organizations in Hong Kong, consider the following:

  • The Companies Registry: For registration and compliance details.
  • The Inland Revenue Department: For tax-related inquiries and tax-exempt applications.
  • The Social Welfare Department: For fundraising permits and related regulations.
  • The Hong Kong Council of Social Service: Provides support and resources for nonprofit organizations.

Next Steps

If you need legal assistance concerning nonprofit and charitable organizations in Central, Hong Kong, consider the following steps:

  • Consult a lawyer specializing in nonprofit law to understand the specific legal requirements and implications for your organization.
  • Gather all necessary documentation related to the formation, operations, and financials of your organization to prepare for consultations.
  • Engage with local resources and networks to stay informed about regulatory updates and best practices in the nonprofit sector.
Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.