If you want to cancel the registration of a non-operating but solvable private company, you can entrust our company to apply to the Registrar of Companies for cancellation of the Hong Kong company.

Hong Kong company cancellation process
1. Submit the "Not against the company registration cancellation notice" to the Hong Kong Inland Revenue Department

Conditions for notification of non-objection
The Commissioner of Inland Revenue will issue a notice of no objection under the following circumstances:

The company has never opened or has ceased to operate;

The company will not start/reopen;

The company has sold all inventories, properties and securities;

The company has no unpaid taxes including profits tax, property tax, stamp duty, business registration fee and fines and court fees associated with such taxes;

The company has not completed its obligations under the Inland Revenue Ordinance, including failing to return the tax returns issued by the Inland Revenue Department, and notifying the Commissioner of the Inland Revenue in writing that the company is taxable for any year of assessment but has not received the tax return for the relevant year;

The company has not yet responded to any inquiries issued by the Inland Revenue Department;

The company’s assessment has no outstanding objections or appeals.

If the company does not meet any of the above conditions, it will not be issued a notice of no objection.


2. The notice will be issued within 25 working days after the applicant submits the valid application and pays the relevant fees.
If the company has no outstanding tax matters and unpaid taxes, the Commissioner of Inland Revenue will issue a notice of no objection. Otherwise, the Secretary will issue a notice setting out the company's outstanding matters or unpaid taxes. After the matter has been settled or the tax has been paid, the applicant can complete the lower part of the notice and submit it to the Department for reconsideration of the application without having to pay the application fee again.

3. Processing time
About half a year to eight months (the application will be published twice in the Gazette. After the first gazette notice is published, there will be a three-month time limit for objection. If the Registrar has not received any objection during that period, A second gazette notice will be published, at which time the company will be dissolved. The applicant will be notified after the cancellation of the registration process and the dissolution of the company.)

Hong Kong company cancellation should pay attention to:
(1) Any person who knows or disregards the facts and provides to the Authority any information which is false or misleading in a material particular is punishable by a fine and imprisonment;

(2) The application for cancellation of the company will be published twice in the Gazette;

(3) After the publication of the first gazette notice, there will be a three-month time limit for objection;

(4) If the authorities do not receive any objection during this period, they will publish a second gazette notice, at which time the company will be dissolved;

(5) The applicant will be notified after the completion of the deregistration process and the dissolution of the company;

(6) A written notice not to object to the deregistration must obtain a written notice from the authorities that does not object to the deregistration before the applicant submits the application to the Registrar;

(7) When the tax commissioner is required to issue a notice of non-objection to deregistration, he may be required to submit an auditor's report and tax return or pay the business registration certificate fee. Therefore, the cancellation of registration may involve auditing and business registration. Certificate fee;

(8) During the period of the cancellation of the registration process, the company still needs to submit the annual return on time.