Restoration of Company in Hong Kong – Administrative Restoration

The administrative restoration procedure is a simple and easy way to restore a company that has been struck out by the Registrar of Companies. By administrative restoration, there is no need to go to court.  The new procedure is not applicable to a company which was dissolved by way of de-registration or winding up.

Common reasons for restoring a company to the register using the administrative restoration procedure include:

  • that the company was still carrying on business or was in operation at the time that the Registrar struck off the company, and
  • the company still owned property when it was struck off and dissolved, which has now vested as bona vacantia

  Limitations of Administrative Restoration Procedures

  • the procedure is not applicable to a company which was dissolved by way of de-registration or winding up

  • the application may be made only by a former director, former shareholder or creditor of the company by filing an application form within the period of twenty years from the date of dissolution of the company

  •  the company was still carrying on business or was in operation at the time that the Registrar struck off the company

  Effect of the restoration

On administrative restoration, the company is deemed to have continued in existence as if it had not been dissolved or struck off.  The company will have to bring its records up to date and pay any penalties that were outstanding at the date of dissolution as a condition to the restoration.

  What services we could provide

  • Advice as to whether administrative restoration is available in the circumstances

  • Preparation and Filing of Administrative Restoration documents

  • Preparation and Filing of all outstanding Annual Returns and payment of late filing fees and penalty

  • Renewal of all business registration certificates and payment of business registration fees

  • Preparation and filing of outstanding tax returns, if any

Remarks:
1) Our fees do not cover the annual return statutory filing fee, late filing penaltyand business registration fees and penalty, if any.
2) Our fees also do not cover the preparation of financial statements for the purpose of filing of tax returns, if any.

For any issue regarding the restoration of a Hong Kong Company, please contact us for more information.

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