1After the cancellation application of a Hong Kong company, many people may notice such a question, that is, the Hong Kong company has submitted the cancellation application, is there anything else we need to deal with during the cancellation process? Today we're going to talk about that.

First of all, it needs to be explained that during the period of cancellation of the Hong Kong company, the annual inspection is still required. Once you've filed your revocation, be aware of how long it takes to complete the revocation. If the annual inspection time has not completed the cancellation, this time must be noted: the company still needs to handle the annual inspection. Hong Kong Company Law stipulates that the Hong Kong company shall handle the annual inspection on time if it has not completed the cancellation. If the annual inspection is not conducted as required, it will affect the processing of revocation. In other words, non-annual inspections will not be allowed to be revoked.

In general, you only need to submit the annual return together with the registration fee to the Companies Registry of Hong Kong on time for verification. However, you will also be aware that if the cancellation application is not submitted to the Inland Revenue along with the business registration exemption application, you will also be required to pay the business registration fee for the current year.

Therefore, after your Hong Kong company applies for cancellation, be sure to pay attention to the completion time of cancellation. If the annual inspection is not completed on time during the company's existence, it will not only cause unnecessary fines, but also affect the approval of the Hong Kong company's cancellation application.

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