A Corporate Promissory Note serves as a financial instrument commonly used in Hong Kong business transactions where a company formally promises to repay a specific sum of money. This document is particularly useful in commercial lending, trade finance, and corporate debt arrangements. The note must comply with Hong Kong's Bills of Exchange Ordinance and Companies Ordinance, requiring specific elements such as an unconditional promise to pay, fixed payment terms, and proper corporate execution. Corporate Promissory Notes can be either secured or unsecured, and may be used in various contexts including short-term financing, supplier payments, or as part of larger financing arrangements. The document's enforceability in Hong Kong's legal system makes it a preferred instrument for documenting corporate debt obligations.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Date and Place of Issuance: Specifies when and where the promissory note is issued, which is crucial for determining applicable law and maturity
2. Promise to Pay: Contains the unconditional promise to pay a specific sum of money, which is the core element of a promissory note
3. Payment Terms: Details of the principal amount, interest rate, payment schedule, and maturity date
4. Maker Details: Full corporate name, registration number, and registered address of the company issuing the note
5. Payee Details: Full name and address of the party to whom or to whose order the payment is to be made
6. Place of Payment: Specified location where payment must be made or bank account details for payment
1. Security Provisions: Include when the note is secured by collateral or other assets
2. Default and Acceleration: Include when specific events of default and acceleration rights are needed
3. Transferability Clause: Include when the note needs to be explicitly made negotiable or non-negotiable
4. Prepayment Terms: Include when early payment options are allowed or restricted
5. Governing Law and Jurisdiction: While Hong Kong law is applicable, include when explicit jurisdiction clause is preferred
6. Tax Provisions: Include when specific tax treatment or withholding requirements need to be addressed
1. Payment Schedule: If installment payments are involved, detailed schedule of payment dates and amounts
2. Security Details: If secured, description of collateral or security arrangements
3. Corporate Authorization: Copy of board resolution or other corporate authorization approving the issuance of the note
Find the exact document you need
Corporate Promissory Note
A formal promise by a company to pay a specified sum under Hong Kong law, containing payment terms and corporate authorizations.
Download
IT Company Invoice
A Hong Kong-compliant invoice template for IT companies to bill clients for services rendered, meeting local business and tax requirements.
Download
Company Bond Contract
A Hong Kong law-governed agreement setting out terms and conditions for corporate bond issuance, including principal, interest, and issuer/bondholder rights and obligations.
Download
Employee Waiver And Release Form
A Hong Kong law-governed document where an employee waives specific legal rights and claims against their employer in exchange for agreed consideration.
Download
Corporate Loan Agreement
A Hong Kong law-governed agreement setting out terms and conditions for corporate lending facilities, including loan mechanics, security arrangements, and enforcement provisions.
Download
Corporate Credit Card Acknowledgement Form
A Hong Kong law-governed document establishing terms and conditions for employee use of company-issued credit cards, including usage rights and responsibilities.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)