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How to reduce capital in the operation of Hong Kong company?

Released Date: Dec 02,2022 Article Source: HUANZE

How to reduce the registered capital of a Hong Kong company during its operation?

inHong Kong companyIn the process of operation, if you want to reduce the registered capital of Hong Kong companies, how should you operate?

First of all,Hong Kong companyA capital reduction requires all directors of the company to sign a statement of solvency;

Secondly, all shareholders after the statement of solvency15Pass a special resolution within days and deliver it to the Companies Registry for registration;

Finally, the company shall state and publish in the gazette the relevant information on the reduction of its share capital.

After the above steps are completed, if in the newspaper5If, within a week, no application is made to the court to quash the decision, thenHong Kong companyCapital reduction can be completed by filing a "Return on Reduction of Share Capital" with the Registrar of Companies. But on the contrary, if someone raises an objection, it is necessary to wait for the completion of the objection review before determining whether the capital can be reduced.

How to reduce capital in the operation of Hong Kong company?

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