It takes about 6 to 9 months for a Hong Kong company to be deregistered
The application will be published twice in the Gazette. After the publication of the first Gazette notice, there will be a period of 3 months to lodge objections. If no objection is received by the Registrar during that period, a second Gazette notice will be published and the company will be dissolved. The applicant will be notified after the completion of the deregistration process and the dissolution of the company.
A “Notice of No Objection to Deregistration” must be submitted to the Inland Revenue Department (IRD) within 25 working days after the applicant submits a valid application form and pays the relevant fee.
The Commissioner of Inland Revenue will issue a Notice of No Objection if:
- the company has never commenced business or has ceased to operate;
- The company will not commence/reopen for business;
- the Company has disposed of all its inventory, properties and securities;
- the company has no outstanding taxes including profits tax, property tax, stamp duty, business registration fees and penalties and court costs in connection with such taxes;
- The company has no outstanding obligations under the Inland Revenue Ordinance, including failure to return a tax return issued by the Inland Revenue Department, notifying the Commissioner of Inland Revenue in writing that the company is chargeable for any year of assessment but has not received a tax return for that year;
- the company has not replied to any enquiries issued by the Inland Revenue Department;
- There are no pending objections or appeals against a company’s assessment.
If the company does not meet any of the above conditions, it will not be issued with a No Objection Notice.
Gazette https://www.gld.gov.hk/egazette/tc_chi/gazette/disclaimer.php of the Government of the Hong Kong Special Administrative Region
Companies Registry https://www.cr.gov.hk/tc/faq/local-company/dereg-striking-off-winding-up.htm
Inland Revenue https://www.ird.gov.hk/chi/tax/bre_cbr.htm
