We can restore your Hong Kong company if struck off the Hong Kong Companies Register.
Struck off companies are restored automatically on payment of all outstanding licence fees, penalties and the government company restoration fee.
Once your Hong Kong company is restored to the register it is deemed never to have been struck off and deemed to be in continued existence.
A company dissolved by striking off by the Registrar of Companies may apply for restoration by administrative restoration or by court order.
The new Company Ordinance introduces a new Administrative Restoration procedure, which is a process to restore a company to the Companies Register by the Registrar of Companies without the need for recourse to the Court of First Instance as required under the old ordinance.
To be eligible for administrative restoration, the company's name must have been struck off the Companies Register by the Registrar of Companies and the company must have been dissolved consequently. A company which was dissolved by way of deregistration or winding up cannot apply for administrative restoration.
A local company dissolved pursuant to striking off action by the Registrar may apply for administrative restoration if the following conditions set out under section 761 of the new ordinance are met:
Can a dissolved company apply for administrative restoration any time?
For a dissolved local company, an application must be made within 20 years after the date of the dissolution.
Who can apply for administrative restoration of a dissolved company?
The persons who can apply to the Registrar of Companies for administrative restoration are a person who was a director or member of the company
What are the conditions for administrative restoration?
The company was in operation or carrying on business at the time its name was struck off the Companies Register
The company has any immovable property situate in Hong Kong which has become vested in the Government as Bona Vacantia and the Government has confirmed that it has no objection to the restoration
The applicant must bring up to date the records of the company kept by the Registrar of Companies.
Once the company has obtained a court order and provided that the documents delivered are in order, it will normally take about 2 to 3 months to restore a dissolved company.
Once the company has been struck off, neither the company nor any directors or shareholders may carry on any business or in any way deal with the assets or affairs of the company.
Our fees for the following services:
Disbursements or Expenses:
There is no specified time scale in which the Registrar must make his decision and the restoration will take effect from the date that the notice of his decision is sent. Our experience, the Registrar will raise few queries and request to proof that the company was in operation or has any property situate in HK. It may take two to three months for the notification.
An Hong Kong company can only be restored by the registered agent on record, or the agent can be transferred, which we can organise.
We’ll also render the below services to this HK company in order ensure the continual compliance of this HK company in accordance with HK (Companies) law:
• Provision of annual registered office
• Provision of annual company secretarial services
• Provision of annual tax compliance services