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Deregistration of Defunct Solvent Private Companies

The company or a director or member of the company can apply this efficient, effective and cheapest method to cease a business of Hong Kong Limited Company.

Under what circumstances can an application be made?

- all the members of the company agree to the deregistration;

 

- the company has never commenced business or operation, or has ceased to carry on business  or ceased operation for more than 3 months immediately before the application; 

 

- the company has no outstanding liabilities; and

 

- it has obtained a written notice of no objection from the Commissioner of Inland Revenue.