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Hong Kong Company Deregistration
4 - 6 months
Statutory processing time by the government
Summonses issued each year. If the company is no longer needed, please deregister it ASAP.
MR LIBRARY Market Insights: Professional firms in the market charge around HKD2,500 to HKD9,000
The Best Way to Do Deregistration
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Wait for the paperwork to be delivered to your office / home directly
Has not commenced business / in operation for at least 3 months
Be reminded to transfer out all the bank account balance before deregistration
The company is still required to attend to annual filing before the official completion of deregistration. Hence, starting deregistration earlier can potentially save the company from admin and filing costs
It is required to keep the company’s books and papers for at least 6 years after the date of the dissolution
Our observation - 30% of business owners delay in starting the process. The delay costed them to pay one more year of government fees and business agent fee. DON'T THINK WIHTOUT TAKING ACTION!