First of all, according to the provisions of the company law of the Hongkong, the cancellation of the Hongkong company must be approved by all shareholders of the company, and others can not make their decisions without authorization. Secondly, there is a misunderstanding here, some customers believe that the company in Hongkong no longer do any operation, the company will be automatically canceled. The real situation is that if the Hongkong company is not used and the cancellation process is not carried out, the government of Hongkong will think the company is still operating and operating illegally. Therefore, after you stop operating the Hongkong company, you need to make a timely cancellation process. The details are as follows.
Cancellation of registration:
According to the Hongkong company law Ordinance, since November 11, 1999, Hongkong has no delisting program, instead of a program called "Deregistration", that is, the cancellation of the company. Once the company is dissolved, all property under its name, including bank account balances, will be owned by the government as unclaimed. Therefore, before making an application, you should consult with a lawyer or other professional adviser on the disposal of the company's property to ensure that all property owned by the company is properly disposed of before the cancellation of the registration.
Two. The cancelled Hongkong company shall meet the following conditions:
1. the company has never started or operated or has ceased operating or operating for more than three months;
2. the company has no outstanding debt;
3 the company did not have not paid taxes (including profits tax, property tax, stamp tax,
Business registration fees and fines relating to such taxes and court fees
4. all members of the company agree to cancel the registration
Note: a company with transaction records, assets and liabilities shall end the company and withdraw its registration with the company winding up procedures prescribed by the laws of the Hongkong.
Three, cancellation of the Hongkong company customers need to provide information:
1. company business registration certificate, registration certificate, articles of association, establishment document or recent AR1 anniversary return
2. copy of the identity certificate of the shareholder and director of the company and contact information;
3. auditors report (each company applying for cancellation of the procedure must submit a auditor's report to the government, which can be exempted only from the period when the application is cancelled. If there is any objection or complaint in the course of the cancellation, the government will require the company to provide other relevant documents
Four, application time limit:
You may apply at any time, but it is important to note that if you apply for 3 months prior to the expiration of your year, you may not have to examine it.
If the annual inspection period, you need to apply for an annual review before you can apply
Note: prior to the cancellation of the registration, the company must fulfil its responsibilities under the Companies Ordinance, including the submission of the annual declaration and the notification of the location of the registered office.
Five, processing time:
It takes about 6--8 months
Six, the cancellation of the application after the success of the client's documents:
1. requests for notification of non cancellation of the company's registration
2. notification of cancellation of the registration of the company agreed by the Inland Revenue Department
3. non operating Private Companies Cancellation Application for registration
4. the company registry accepts the receipt
5. the company registry issues a cancellation confirmation