Exit Fast,
No More Burden
Hong Kong Company Deregistration
4 - 6 months
Statutory processing time by the government
2,600+
Summonses issued each year. If the company is no longer needed, please deregister it ASAP.
HKD2,500
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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Ask any question online
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Get a comprehensive plan, learn how to save avoidable government fees
Wait for the paperwork to be delivered to your office / home directly
Basic Requirements
3 months
Has not commenced business / in operation for at least 3 months
Also...
Bank
Be reminded to transfer out all the bank account balance before deregistration
Annual Filing
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
Company Records
It is required to keep the company’s books and papers for at least 6 years after the date of the dissolution
30% Failed
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!
Deregistration by MR LIBRARY
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Expert team include former global firm, investment bank and listed company executives