There could be numerous reasons why you would want to close your Hong Kong company, whether it is a tough economic environment, company is losing money or you simply the need to move on to something else, let us take the burden of the tedious dissolution process off your hands.
Hong Kong company can be closed either through deregistration or by winding up. Most companies are eligible to go the deregistration route, which is faster and more cost efficient.
|To be eligible for company deregistration the following conditions must be met:|
|The Company will not start/resume business|
|The Company has no outstanding tax liabilities/penalties|
|The Company has submitted all tax returns|
|There are no unanswered queries from the Revenue Department|
|There are no unsettled objections or appeals|
|The Company has no rental income|
|The Company has not purchased any property in the last year|
|The Company does not have any unsold lander property/stock|
If your company qualifies for deregistration, this process will take around 6-9 months.
If you are ready to proceed or need more information, please email us and we will get back to you within 24 hours.