Hong Kong Company Deregistration
Hotline: 86-755-82143348,email: amyhuang@citilinkia.com
Hong Kong company deregistration, also known as Hong Kong company cancellation, is one of Tannet’s followup services. It is critical to keep up to date with the filing in Hong Kong. It is not acceptable to simply stop filing your annual return (NAR1). The HK government will NOT automatically strike off the company. In Hong Kong, you must notify the Hong Kong Company Registry and file the appropriate forms to close things down properly.
Conditions and Requirements for Deregistration
The company must meet the following conditions before making an application for deregistration:
(a) all the members of the company agree to the deregistration;
(b) the company has not commenced operation or business, or has not been in operation or carried on business during the 3 months immediately before the application;
(c) the company has no outstanding liabilities;
(d) the company is not a party to any legal proceedings;
(e) the company’s assets do not consist of any immovable property situate in Hong Kong;
(f) if the company is a holding company, none of its subsidiary's assets consist of any immovable property situate in Hong Kong; and
(g) the company has obtained a "Notice of No Objection to a Company being Deregistered" ("Notice of No Objection") from the Commissioner of Inland Revenue.
Information Needed To Deregister A Hong Kong Company
The process of closing up a company in Hong Kong is pretty straight forward, we will need to know:
1. When did you file your last audit?
2. What are the latest correspondence letters from the IRD?
3. Do you have the financials and bookkeeping for the period since your last audit?
Time-frame for Deregistration
The whole process to have a company officially struck off the Register will take around 6-8 months.
Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China