Company Deregistration

According to Chapter 622 of the "Hong Kong Companies Ordinance" of Hong Kong, local private companies and companies limited by guarantee can apply for deregistration, but excluding companies specified in Section 749(2) of the Companies Ordinance. Companies allowed to apply for deregistration, must be non-operating but solvent company.

The company applying for deregistration must meet the following conditions:

• 1.All members of the company agree to deregister;
• 2.The company has not yet started commerical operation or business, or has not operated or operated businesses within 3 months immediately before the application;
• 3.The company has no outstanding liabilities;
• 4.The company is not a party to any legal proceedings;
• 5.The company's assets do not include real estate located in Hong Kong;
• 6.If the company is a holding company. All the assets of the company's subsidiaries do not include real estate located in Hong Kong;
• 7.The company has obtained the "Notice of No Objection to Deregistration of the Company" ("Notice of No Objection") from the Commissioner of Inland Revenue.

Services included:

• 1.Review company documents and tax filing history to ensure that there are no outstanding issues
• 2.Drafting the required documents for application for deregistration
• 3.Apply to the Inland Revenue Department for a notice of no objection to deregistration (IR1263) (IR1263)
• 4.Submit an application for deregistration to the Hong Kong Companies Registry (NDR1) (NDR1)
• 5.For more information about company deregistration services, please contact us, we will provide you with free consulting services