Registrar-Generals-Department-Annual-report-1952-1953 — Page 19

MARINE DEPARTMENT LIBRARY

PART III

COMPANIES REGISTRY

Companies Registration.

14. During 1952/53, 229 new companies were incorporated in Hong Kong under the provisions of the Companies Ordinance (Chapter 32) and 20 Certificates of Compliance with the provi- sions of Part XI of the Ordinance were issued to foreign corporations which had established a place of business within the Colony. These figures represent a decrease of 19 and 10 respectively from the comparable figures for 1951/52.

15. The following table shows the number of Companies incorporated in Hong Kong during the years 1946/47 to 1952/53 and the sum total of the nominal capital of such companies:

No. of Companies Total Nominal Capital

Year

1946/47

.432

$991,200,919.00

1947/48

283

$934,875,356.00

1948/49

223

$437,830,150.00

1949/50

276

$256,984,020.00

1950/51

187

$202,788,000.00

1951/52

248

$221,705,300.00

1952/53

229

$280,569,677.00

16. As at 31st March, 1953, the total number of companies incorporated in. the Colony and registered at the Companies Registry was 2,518 and the total number of foreign corporations which have established a place of business in Hong Kong and complied with the provisions of Part XI of the Ordinance was 440

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