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Legal Opinion
Do you need a legal opinion issued by a Hong Kong lawyer?
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Companies in Hong Kong may sometimes be requested to produce a written legal opinion (usually in the form of a letter) issued by a Hong Kong-qualified lawyer. This could be for a number of reasons, for instance, if a company is in the course of becoming listed in mainland China, its subsidiaries situated in Hong Kong may be required to produce such a legal opinion.
The scope of the legal opinion may vary, as it is usually defined by the institution demanding it. Below are some of the common scopes:
Legality of the company's incorporation
Legality and nature of the company's business
Legality of the company's continuity
The company's employee situation
The company's intellectual property situation
Whether the company is a party to any material contracts
Whether the company has been fined or penalised by authorities for non-compliance with Hong Kong laws and regulations
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