In Hong Kong there are two main routes to close down a solvent private company limited by shares: deregistration and (voluntary) liquidation of a company.
Do you have a Hong Kong company or are you looking to set up one? Every Hong Kong company has to file an Annual Return, as stated Companies Ordinance.
On 23 February 2022, the Financial Secretary of Hong Kong announced the Budget for the fiscal year 2022-23. The forecast is that for the fiscal year 2021-22, there will be a surplus of around HKD 18.9 billion, and that the fiscal reserves are expected to be HKD 946.7 billion by 31 March 2022. This year’s […]