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Deregistration

You can only deregister your Hong Kong company
if you meet the following basic requirements

There are no outstanding fees owed to the Inland Revenue Department;

There are no outstanding annual return fees owed to the Companies Registry;

No outstanding external debts. If any debts are deliberately concealed, once discovered, criminal prosecution will be initiated.

The company has never commenced business or operations, or has ceased to carry on business or operations for more than three months;

All members of the company agree to the cancellation.

There are no outstanding fees owed to the Inland Revenue Department;

There are no outstanding annual return fees owed to the Companies Registry;

No outstanding external debts. If any debts are deliberately concealed, once discovered, criminal prosecution will be initiated.

The company has never commenced business or operations, or has ceased to carry on business or operations for more than three months;

All members of the company agree to the cancellation.

Hong Kong company deregistration process

Sign the Engagement Confirmation Letter

After the agency fee is paid, Heng Ye will begin processing.

Sign the Engagement Confirmation Letter

After the agency fee is paid, Heng Ye will begin processing.

Submit Revocation Application Form

Provided by Hengye, personally signed by the director

Submit Revocation Application Form

Provided by Hengye, personally signed by the director

Cancellation Notice

Receive the Inland Revenue Department’s Notice of Consent to Deregistration one month later

Cancellation Notice

Receive the Inland Revenue Department’s Notice of Consent to Deregistration one month later

Submit information

Submit an application to the Companies Registry to deregister Form NDR1

Submit information

Submit an application to the Companies Registry to deregister Form NDR1

Waiting Notice

About two months later, the Registry will issue a notice of cancellation announcement, and an online notice will state that the company has been deregistered.

Waiting Notice

About two months later, the Registry will issue a notice of cancellation announcement, and an online notice will state that the company has been deregistered.

Formally Deregistered

If no objection is raised within three months after the notice is issued, the Registry may formally cancel the registration.

Formally Deregistered

If no objection is raised within three months after the notice is issued, the Registry may formally cancel the registration.

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1 Original Hong Kong Certificate of Incorporation;

2 Original latest Business Registration Certificate;

3 Original copy of the company’s English Articles of Association;

4 One small round company chop;

5 If it has been in operation for one year or more, statutory documents are required; if less than one year, only the annual return is needed;

6 Identification documents and contact details of the company’s shareholders and directors;

7 Signature specimens of the directors and shareholders;

8 Auditor’s report.

  1. Original Hong Kong Certificate of Incorporation

  2. Original latest Business Registration Certificate

  3. Original copy of the company’s English Articles of Association

  4. One small round company chop

  5. Companies that have been in operation for one year or more need to provide statutory documents; companies that have been in operation for less than one year only need to provide the annual return;

  6. Identity documents and contact details of the company’s shareholders and directors;

  7. Signature specimens of directors and shareholders

  8. Auditor’s report

Important things to note when deregistering a Hong Kong company

Hong Kong Company Deregistration
Points to Note

Cancellation time

Approximately 6–8 months. The application is published in the Gazette twice, with a 3-month objection period after the first notice. If no objections are received, a second notice is published to dissolve the company, and the applicant is notified

It is best to apply for deregistration three months before the Hong Kong company’s annual return is due. Otherwise, you will have to pay an extra year of annual return and tax filing fees.

If the company has opened a bank account, the account must be closed before the company is deregistered;

If the company has opened a bank account, the account must be closed before the company is deregistered;

During the process, if there are any unsubmitted tax returns, you need to apply for replacement tax returns. If there are any penalties, they must be paid separately.

During the process, if there are any unsubmitted tax returns, you need to apply for replacement tax returns. If there are any penalties, they must be paid separately.

Legal consequences of not deregistering a Hong Kong company

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Legal Consequences of Not Deregistering a Hong Kong Company


After a company is incorporated, if it is to cease business, you must submit a Notice of No Objection to a Company Registration Cancellation to the Inland Revenue Department. If you do not deregister the Hong Kong company, and do not complete the annual review, annual return and tax filing, hefty fines will be incurred, and you may also receive a summons from the Hong Kong court.

Automatic Deregistration of Hong Kong Companies


If a Hong Kong company name is similar to the name of a well-known brand or listed company, the Hong Kong Government may consider it offensive, and the Companies Registry or the relevant authorities may automatically deregister your Hong Kong company without your consent.

FAQs

Frequently Asked Questions About Hong Kong Company Deregistration

Can the company name leave out the administrative division “Shenzhen”?

Can we include the words “Guangdong Province” in the company name?

Can I add the word “International” to the company name?

What conditions must enterprises meet to have “Guangdong Province” at the beginning of their names?

Can the word “Group” be used in a company name?

When registering a company, does the registered capital need to be fully paid up at once?

What are the consequences if the registered capital is not paid or is not paid in full?

After the company registration is approved, how do I obtain the business licence?

Is it better to have a wider business scope? What is the relationship between taxation and business scope?

Can you just put down any business scope you want and get it approved?

What is the difference between general business activities and permitted business activities?

Is there a connection between the company name and its business scope?

Can the company name leave out the administrative division “Shenzhen”?

Can we include the words “Guangdong Province” in the company name?

Can I add the word “International” to the company name?

What conditions must enterprises meet to have “Guangdong Province” at the beginning of their names?

Can the word “Group” be used in a company name?

When registering a company, does the registered capital need to be fully paid up at once?

What are the consequences if the registered capital is not paid or is not paid in full?

After the company registration is approved, how do I obtain the business licence?

Is it better to have a wider business scope? What is the relationship between taxation and business scope?

Can you just put down any business scope you want and get it approved?

What is the difference between general business activities and permitted business activities?

Is there a connection between the company name and its business scope?

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✔️ Full-service handling

✔️ Issued in as little as one day

✔️ Assistance with opening a Hong Kong company account

CTA Image

Hengye International Hong Kong Company One-Stop Services

✔️ Full-service handling

✔️ Issued in as little as one day

✔️ Assistance with opening a Hong Kong company account