Company Dissolution

  In Hong Kong, there are two main methods for dissolving a company. One is to apply for Deregistration and the other is to carry out Winding Up.


Dissolving a company by way of deregistration is relatively simple and inexpensive, and it is the most commonly used method in Hong Kong.


Conditions for Deregistration

To apply for deregistration, the following conditions must be met:

1)  all the members of the company agree to the deregistration
2)  the company has not commenced business, or has ceased business for more than 3 months 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
7)  the company has obtained a “Notice of No Objection ” from the Commissioner of Inland Revenue


Hong Kong Company Deregistration Services (HK$2,500)

Reviewing the corporate documents and tax information of the company concerned
Preparing all the resolutions, forms and other documents necessary to apply for deregistration
Submitting an application to the Inland Revenue Department for “Notice of No Objection”
Submitting an application to the Companies Registry for deregistration


Processing Time: Approximately 6 months


The above fee does not include:

  1. the relevant government charges; and
  2. the fee for the final audit of the company’s financial statements. (The final audit may not be required in certain cases.)

Members’ Voluntary Winding Up

Winding up is the process of settling the accounts and liquidating the assets of a company for distributing the net assets to members and dissolving the company. The entire process of liquidation is monitored and handled by a liquidator. In order to carry out a members’ voluntary winding up, the company must be solvent and will be able to pay its liabilities in full within 12 months after the commencement of the winding up.


Members’ Voluntary Winding Up Services

Acting as the liquidators of the company to monitor and handle the entire process of liquidation
Preparing all the resolutions, forms, notices, and other documents necessary to carry out the liquidation
Filing all the required documents with the Government Authorities
Liaising with the Inland Revenue Department to obtain tax clearance
Publishing the related resolutions in the Government Gazette


Our service fee: By quotation

Processing Time: Approximately 9 months