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What do Hong Kong companies have to pay attention to cancel?

Released Date: Jun 26,2021 Article Source: HUANZE

If your Hong Kong limited company does not operate if you want to cancel, then what are the precautions for the cancellation of Hong Kong company? As follows:

If your Hong Kong limited company does not operate if you want to cancel, then what are the precautions for the cancellation of Hong Kong company? As follows:

1.Whether there is government debt, including:

(1) annual report

(2)B R fee

(3) tax

(4) fine

If exempt from the annual report of the following year andB R fee,The cancellation form should be submitted at least 3 working days before the deadline.

2.External debt: The delisting process includes publication in government journals for a period of time3~5If there is any objection during the period of publication, the company cannot withdraw. Otherwise, after the publication is completed, the Government will issue an official letter formally informing the government that the cancellation procedure has been completed.

3.Cancellation of work procedures: When the government published the paper, the company completed all the work procedures. If there is any objection during the period of publication, the proceedings will be terminated.

4.Bank account: After publication, the bank account will be automatically cancelled and all balance will be paid to the Companies Registry.

5.Government departments: When published in the newspaper, it is equivalent to notifying all government departments, and there is no need to pay attention to any government documents.

Therefore, there are a lot of matters to pay attention to in the process of cancellation of Hong Kong companies, which may bring a lot of impact if not handled well.

Can the Hong Kong company make up the loss with profit in the future?

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