Company Deregistration
Before applying deregistration for a company, the owner(s) of the company must settle the asset. The company will be announced as dissolved. The asset of a dissolved company will be state as “bona vacantia property“, these asset will be vested by government. To fulfill the requirements of deregistration for a company, you should consult professional service providers to ensure the asset(including bank account balance, vehicles or properties) of the company can be properly settled.
Conditions & Requirements for Deregistration
all the members of the company agree to the deregistration;
the company has not commenced operation or business, or has not been in operation or carried on business during the 3 months immediately before the application;
the company has no outstanding liabilities;
the company is not a party to any legal proceedings;
the company’s assets do not consist of any immovable property situate in Hong Kong;
if the company is a holding company, none of its subsidiary's assets consist of any immovable property situate in Hong Kong; and
the company has obtained a "Notice of No Objection to a Company being Deregistered" ("Notice of No Objection") from the Commissioner of Inland Revenue.
