Close a Company

Company Deresignation

HKD$2,500

  • Include service fee and government fees1
  • Share transfer

 

Winding Up

Quotation

  • Include service fee and government fees1
  • Share transfer
  • Trustee in bankruptcy

1Does not include auditing, tax compliance, business registration and the annual return fees.

 

 

Why do you want to deregister a company?

There are many reasons that people want to close their company, such as low economic efficiency, poor business prospects and low competitiveness, etc. If you decide to close a company. You need to follow the legal process of deregistration instead of just abandoning it, otherwise serious consequences may occur.

You can close a company by deregistration and winding up. Company deregistration is a more common way since it is less expensive and convenient. Most companies in Hong Kong are closed by deregistration.

You can use our service, hire us to take care of the procedures of company deregistration. So you need not face the long and complicated deregistration process and use the saved time in other areas.

 

 

Easy steps to deregister a company

 

Step 1
Step 2
Step 3
Step 4
Fill out the online form to provide general company information and make service payments.
We will process your form and given data as soon as we receive them. We will then send you all the necessary documents for deregistration within one working day.
The clients confirm the details of the documents are all correct.
We will handle all the remaining procedures properly, submit all the required documents and pay the government fees.

It will take a while for the deregistration to complete. Generally, it takes six to eight months to deregister.

 

 

Requirement to deregister a company

  1. All the members of the company agree to the deregistration;
  2. 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;
  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 consist of any immovable property situate in Hong Kong;
  6. If the company is a holding company, none of its subsidiary's assets consist of any immovable property situate in Hong Kong; and
  7. The company has obtained a "Notice of No Objection to a Company being Deregistered" ("Notice of No Objection") from the Commissioner of Inland Revenue.

You can read Deregistration and Employers' Responsibilities for your information.