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Company Deregistration

Under Hong Kong Companies Ordinance,( Chapter 32, Law of Hong Kong), Limited companies can apply for deregistration under the following criteria:

  1. 1.The Company has never commenced business or operation since incorporation.
  2. 2.The Company has ceased to carry on business or ceased operation for more than three months,
  3. 3.All shareholders agree to do so.
  4. 4.No Profits tax and Business Registration Fee are outstanding.
  5. 5.The company has no outstanding liabilities (Note A).
  6. 6.It takes 6 months to remove the company from Registrar.
  7. 7.No payment of Business Registration Fee and filing fee required after deregistration.

Note A:  A company which has outstanding liabilities can still apply to be deregistered if the creditors are: 

  • - Its holding company or related companies or by its promoter, directors, or members;
  • - and these creditors has executed a deed of waiver to confirm their consent to waive the debts owed to them
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