Exit Strategy

Company Deregistration

Professional assistance for closing your Hong Kong company through deregistration or winding up

Closing Your Company Properly

Ensure a smooth and compliant exit when your company is no longer needed

Closure Options

Choose the right method for your situation

Timeline

7-9 months

Best For

Dormant or recently ceased companies with clean records

Requirements

All members agree to deregistration
No outstanding liabilities
No outstanding legal proceedings
All tax matters cleared with IRD

Deregistration Process

Step-by-step guide to deregistering your company

Tax Clearance

2-3 months

Obtain 'Notice of No Objection' from Inland Revenue Department

1

Apply to CR

1 week

Submit deregistration application (Form NDR1) to Companies Registry

2

First Gazette Notice

After approval

Companies Registry publishes notice in Gazette

3

Dissolution

3 months later

Second Gazette notice published, company dissolved

4

Pre-Deregistration Checklist

Ensure these items are complete before applying

1
File all outstanding Annual Returns
2
Renew Business Registration or apply for exemption
3
File final Profits Tax Return
4
Clear all tax liabilities with IRD
5
Settle all debts and liabilities
6
Distribute or dispose of all assets
7
Close bank accounts after settlements
8
Cancel any business registrations or licenses

Frequently Asked Questions

Common questions about company closure

Deregistration is a simplified, cheaper process for companies with no assets or liabilities. Winding up (liquidation) is a formal legal process required when there are assets to distribute, or for companies that cannot meet deregistration requirements.

Ready to Close Your Company?

We'll guide you through every step of the deregistration process

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