In fact, the transfer of Hong Kong companies means that many customers want to sell their companies because of poor management or other reasons. It sounds a bit unlucky, but don't break the bottom line of Hong Kong law because of bad luck. Once a Hong Kong company stops operating, it needs to pay taxes and annual review on time, and then do all liquidation accounting. The accountant submits it to the tax bureau, and the relevant agencies of the tax bureau agree to sign it, and submit the cancellation notice to the Hong Kong Registry. If no one or company objects in the cancellation process, the cancellation will be successful in about 6 months and a cancellation notice will be issued.
Some customers think they don't want to give up the company they have been running for many years, but they can't continue to run it for personal reasons. At this time, they can consider transferring the Hong Kong company. In fact, the transfer of a Hong Kong company can literally be understood as the replacement of the shareholders and directors of a limited company, and the buyer or the buying company will bear all the legal responsibilities of the limited company.
Generally speaking, if there is no debt problem after the transfer of offshore companies in Hong Kong, there is basically no risk. First of all, we should pay attention to the first point, the Hong Kong company account. If you have a Hong Kong-offshore account or other local account before transferring to a Hong Kong company, you need to cancel it in the bank before transferring. After all, bank information is suspected of privacy and various security issues, so it is best to cancel before transferring money.
Second, we should pay attention to the property and businesses of offshore companies in Hong Kong. For example, the trademark under the name of the most easily overlooked Hong Kong company, many customers will use Hong Kong companies to register domestic or foreign trademarks. At this time, it is necessary to transfer the trademark to another name first, or transfer the Hong Kong trademark to the buyer or buying company.