Hi all,
I would like to close a solvent HK Limited company without meaningful revenue. The business model struggles to meet its funding goals and continue its operations. I am the sole director and 85% shareholder.
The issue is: There was a fallout with the 15% shareholder he doesn’t support any of my decisions and tries to block every action I do because he is bitter. I was considering to de-register but apparently that requires consent of all shareholders. My accountant unfortunately is not knowledgable and unable to provide basic guidance (sad, I know)
I would like to avoid making a mistake and getting problems with the CR, etc.
Do you have experience on how to best close companies (Deregister, make dormant then strike off, windup, other options) and what steps to undertake to be perfectly compliant with rules and regulations?
Any contacts who can help with the process would be appreciated also.
Cheers,
Detlef