• Company deregistration and liquidation

1. Deregistration of the company
A Hong Kong company (including a non-operative Dormant Company) may apply for deregistration under the Companies Ordinance, provided that the following conditions are met:
(1) All members agree to deregistration;
(2) the company has not commenced operations or carried on business, or has not commenced or carried on business in the 3 months immediately preceding the application;
(3) the company has no outstanding liabilities;
(4) the Company is not a party to any legal proceedings;
(5) the company's assets do not include immovable property located in Hong Kong; and
(6) (if the company is a holding company) the assets of all subsidiaries of the company
Excluding immovable property located in Hong Kong.
 

2. Winding up of the company
There are three ways to wind up a company:
(1) Shareholders' Voluntary Winding-up:
- Complete accounting closing;
- Convening a special resolution to obtain the consent of a majority of shareholders;
- The company's ability to repay its debts;
- A liquidator must be appointed to supervise and handle the winding-up process.
(2) Creditors' voluntary winding-up
- Complete accounting closing;
- the inability of the company to pay all its debts and inability to continue its business;
- The liquidator must be a certified public accountant or solicitor.
(3) Compulsory winding-up by the court
- Compulsory winding-up orders made by the court;
- the court will appoint a liquidator;
- The process involves multiple meetings with shareholders, directors and creditors.

 *The quotation is evaluated according to the customer's individual situation, and the quotation needs to be agreed by the customer before the service can be carried out, and finally adjusted according to the actual company situation.