HK Company
Deregistration
Never abandon an active company! We provide comprehensive deregistration services to clear tax liabilities and officially dissolve your corporate entity, legally protecting directors from prosecution.
Assessed based on company financial history.
Do NOT Abandon Your HK Company!
Failure to officially deregister a non-operating company will result in accumulating penalties for missing annual returns. The IRD and CR will prosecute directors in court, resulting in heavy fines, blacklisting, and potential arrest upon entering Hong Kong!
End-to-End Deregistration
Final Financial Statements
Prepare the final balance sheet to prove the company has no outstanding debts and has ceased operations.
Notice of No Objection from IRD
Submit IR1263 to Inland Revenue Department to clear tax liabilities and obtain the NOC.
Deregistration Filing to CR
Submit Form NDR1 to the Companies Registry to formally dissolve the corporate entity.
Gov't Correspondence Handling
Handle all inquiries and query letters from IRD and CR during the 5-7 month gazettal process.
Deregistration Process
Preliminary Check & Resolution
Ensure company ceased operation for 3+ months with no debt/litigation. Shareholders sign resolution.
IRD Tax Clearance
Settle final tax returns. Apply and obtain the 'Notice of No Objection to a Company being Deregistered'.
Filing to Companies Registry
Submit Form NDR1 along with the IRD Notice to the Companies Registry for gazettal process.
Gazettal & Dissolution
After two gazette publications (approx. 5-7 months) without objections, the company is legally dissolved.
Deregistration FAQ
The entire process, from IRD tax clearance to the final Gazette publication by the Companies Registry, typically takes 5 to 7 months.
Abandoning a company without formal deregistration is a serious offense. You will accrue compounding late penalties, face court prosecution (up to HKD 50,000 fine), and directors will be blacklisted, potentially facing arrest when entering Hong Kong.
No. The company must have cleared all tax liabilities, have no outstanding debts, and must have ceased operations for at least 3 months prior to the application.
Get a Free Assessment Today
💡 Stop accumulating penalties! If you are no longer operating your HK company, request a free compliance check now. We will assess any outstanding filings and provide the optimal deregistration strategy.