4809-01

Dormant Company Registration Services
in Hong Kong
made simple.

Transparent services tailored for your business needs.

Yearly and Continuing Obligationsūüďć

Maintain company structure

The company needs to maintain at least:

  • One individual director¬†
  • One shareholder
  • The registered office address
  • Company secretary
  • Designated representative for the Significant Controller Register.

Report changes

Any changes that may occur during the dormancy period or otherwise are required to be reported to the Registrar.

Make renewals

The company renews its business registration annually by paying the Business Registration fee.

Profit Tax Return

The company needs to file Nil in the Profits Tax Return in the cases that the Inland Revenue Department issues one.

Employer’s Return

In the cases that the company has no business and no employee, the company needs to report Nil in the Employer’s Return.

Transparent and all-inclusive pricing.

One annual fee covering all your needs.

Dormant company services

(excludes Registered Office Address)

Pricing

Tailored to your needs

/Year

Fill out our online form, upload the necessary documentation and we will complete your dormant company registration and maintenance with details services including:

  • Provision of a Company Secretary
  • Provision of a Designated Representative
  • Appointment/Change of director/Company Secretary
  • Change in officers' particulars or registered office address
  • Document preparation on the special resolution for dormancy declaration
  • Deliver the completed special resolution to the Registrar of Companies
  • Nil Profits Tax Return filing
  • Nil Employers Return filing
  • Renewal of Business Registration Certificate*
  • Maintenance of the significant controller register and statutory record of the company

*Business Registration fee is not included and will be charged at cost due to the change in pricing every year.

**Contact a representative today for more details.

Registered
Office Address

HKD 2,500/year

Setting up from overseas? Use Sleek to fulfil your requirement to have a registered office address in the heart of Central, Hong Kong. This includes:

  • An address in Hong Kong to be used by your company
  • Paperless mail forwarding - all mail to be scanned and uploaded on your Sleek dashboard and a notification email sent to you
  • 24/7 access to your Sleek dashboard to check your mail from anywhere!

If your company is already running,
for you to make it dormant,
it is necessary to:

tax

Close fees

Pay any remaining bills and  cancel any contracts of the company.

happy referrer

Collect money

Get a return of the company’s money lent to clients or customers.

growth

Pay tax

Pay VAT tax, if you have been VAT-registered.

icons_laptop

Close account

Close down any company bank accounts.

**Except the fee required to be paid by Ordinance (e.g. BR fee), all the others would be relevant accounting transactions that would affect the dormant status of the company. If any relevant accounting transactions occurs, the dormant status would be ceased. 

Why thousands of customers
choose Sleek?

Insert Image Here

Hassle free

The team is dedicated to providing the best service to make your dormant company registration and declaration process as smooth as possible.
Insert Image Here

Hassle free

The team is dedicated to providing the best service to make your dormant company registration and declaration process as smooth as possible.
Insert Image Here

No hidden costs

We care for your and we promise to never sting you with any hidden fees. All items and charges are listed out to give you the most transparency.
Insert Image Here

No hidden costs

We care for your and we promise to never sting you with any hidden fees. All items and charges are listed out to give you the most transparency.
Insert Image Here

Electronic Signature

No more hand signatures! Use Sleek’s in house and legally binding e-signature tool, SleekSign, to speed up the paperwork process.
Insert Image Here

Electronic Signature

No more hand signatures! Use Sleek’s in house and legally binding e-signature tool, SleekSign, to speed up the paperwork process.
Insert Image Here

All-inclusive

Leave your company governance with Sleek to make sure you are all covered in accordance to the regulations of the Hong Kong Government.
Insert Image Here

All-inclusive

Leave your company governance with Sleek to make sure you are all covered in accordance to the regulations of the Hong Kong Government.

Your accounts are in safe hands.

Frequently Asked Questions

Why should your company go dormant?

There are many reasons why companies will choose to go dormant. Here are a few reasons:
  • Keep the company name
  • Saving the company for future use
  • Hold assets or intellectual properties
  • Lower maintenance cost (Annual Return, AGMs, Audited FS are exempted during dormancy)

What is a dormant company?

A company that has no accounting transaction and has notified the CR is considered a dormant company. Please note that ‚ÄúNon-trading‚ÄĚ company is not the same as a dormant company and has no legal implications.

How to declare dormancy for your company?

The company would need to pass a special resolution and submits it to the Company Registry.

What counts as an accounting transaction?

The definition of an accounting transaction is a transaction that is required by section 373 to be entered in the company’s accounting records, excluding a transaction arising from the payment of any fee that the company is required by an Ordinance to pay. Some examples of accounting transaction:

  • Sales and purchases of goods by the company
  • The assets and liabilities of the company
  • Money received and expanded by the company

Please note that the cost to keep your company registered are not counted as accounting transactions.

Do I need to file my Annual Return?

If a company declares dormancy within 42 days of its incorporation or anniversary, the company is exempted from filing an Annual return before going dormant.

Do I need to have an Audited Report?

During a company’s dormancy, the preparation of an Audited Financial Statement is exempted
 However, when a company’s dormant date is after the financial year end then Company is still require to prepare the audit up to the latest financial year end just passed. 

How often do I need to file my PTR/ER?

After your first NIL PTR and ER is filed, the IRD may choose to hold off issuing PTR/ER for a few years. In experience, a dormant company may need to file PTR/ER once every 3 years.

Are there any companies that is not allowed to claim as dormant?

A company and its subsidiary cannot falling under any of the following categories within last 5 years (Insurer, Banking institution, Securities dealer, Commodities Trading dealer, approved MPF trustee, licensed leveraged foreign exchange trader)

Ready?

Are you ready to register your business in Hong Kong?
Sleek can help you get started today using our online platform

© 2019 Sleek Hong Kong Limited | Tower No. 1, 17/F, Unit 1, Glenealy, Central, Hong Kong | +852 3594 4334 |  TCSP licence: TC006483 | Privacy Policy & Terms and Conditions

Close Menu