I recently had a clientHong Kong companyTo cancel, the customer wants to distribute the undistributed profit and return the registered capital invested by the shareholders to the shareholders. Can the company be cancelled smoothly?

Hong Kong companyThe cancellation can be the formation of undistributed profits to shareholders, so that the company has no surplus. However, shareholders' dividend shall be limited to undistributed profit, and undistributed profit shall not be negative after dividend, otherwise the HongKong company may not pass the cancellation.

There are also customers who say that when the company was established before the shareholders inputHong Kong companyAll the registered capital shall be returned to the shareholders and the registered capital shall be wiped out. It cannot be handled in this way directly on the book. It must go through the normal procedures of capital reduction in Hong Kong Company Registry and obtain the capital reduction documents before accounting treatment can be carried out and the registered capital can be returned to the shareholders. If not through the capital reduction process, not artificial withdrawal of capital.

SoHong Kong companyCancellation: If the shareholders want to pay dividends on the profits formed by the company, it is OK. The shareholders have the right to the residual profits of the company, and the profits can be distributed only after the corresponding debts and debts of the company have been settled.

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