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Requirements for Cancellation of Hong Kong Company?

Released Date: Feb 11,2022 Article Source: HUANZE

After the client registered in Hong Kong, the international trade business has not been carried out due to the impact of the global novel coronavirus. Therefore, I will consider applying to Hong Kong Company Registry and Tax Bureau for cancellation of Hong Kong company recently.

After the client registered in Hong Kong, the international trade business has not been carried out due to the impact of the global novel coronavirus. Therefore, I will consider applying to Hong Kong Company Registry and Tax BureauCancellation of Hong Kong company. Can any company file for cancellation?

Not all Hong Kong companies are eligible to apply for cancellation. Only local private companies and companies limited by guarantee can apply for cancellation. The company must meet the requirements of being defunct but solvent. Apply forCancellation of Hong Kong companyThe following conditions must be met:First, all the members of the company have agreed to deregister, and second, the company has not commenced operations or carried on business or is immediately before the application is made3No operation or business has been carried on for months, the company has no outstanding debts, etc......Cancellation of Hong Kong companyFrom the date of issue of the Notice of No Objection3Submit the relevant application form together with the required fee and notice of No objection to the Companies Registry within months.

Requirements for Cancellation of Hong Kong Company?

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