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.
To restore your Hong Kong company we will need to instruct a Hong Kong lawyer
The new Company Ordinance introduces a new "administrative restoration" procedure, which is a process to administratively 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. The new procedure is not applicable to a company which was dissolved by way of de-registration or winding up
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:
A non-Hong Kong company whose name has been struck off the Companies Register may also apply for administrative restoration.
The new procedure however does not apply to local companies which were dissolved by way of de-registration.
Where a company has been struck off the register by the Registrar or de-registered upon its own application under the new ordinance, and thereby dissolved, any director or member or creditor of the company or any interested person, may make an application to the Court for the restoration of the company.
An application for restoration a dissolved company should be made within 20 years after the date of the dissolution of the company.
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.
Our fees for the following services:
Disbursements or Expenses:
A dissolved company can apply for administrative restoration, a dissolved company must make an application within 20 years of the date of dissolution.
The director or shareholder of the company can apply to the Registrar of Companies for administrative restoration of the dissolved company, the applicant must bring up to date records of the company to update the records held by the Registrar of Companies.
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.
Once after the company is restored, it is required to have a Registered Office and Company Secretary. We can provide the registered office and company secretary service. Our restoration service fees do not cover these two items.
An Hong Kong company can only be restored by the registered agent on record, or the agent can be transferred, which we can organise.