De-registration of companies in Hong Kong

How to de-register Hong Kong Limited company ?

If you want to deregister Hong Kong Limited company, you need to follow these 2 steps (the company must be incorporated under the Companies Ordinance, other than those companies specified in section 291AA(16) or registered under Part XI of the Companies Ordinance) :

1) Contact IRD (Inland Revenue Department) to obtain a written notice of no objection
2) Once you receive a written notice of no objection from IRD, you have to notify CR ( Company Registry)

Process with Inland Revenue Department

Applicant Form (IR 1263) is required to submit to the Commissioner of Inland Revenue with a fee of $270 which is non-refundable regardless of the result of the application.

  • 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.

How do I deal with CR (Company Registry)

Once you obtain a written notice from IRD, an application for deregistration can be made to the Registrar of Companies in the specified form (Form DR1).

Fees:

Company Deregistration: CR & IRD fees $95 USD + $45 USD
Appointment of proxy (de-registrator): $690 USD
Company resolution of directors to dissolve the company: $55 USD

For further request or help with Deregistration of Hong Kong Limited Company please contact us at: [email protected]