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Legal consequences of Abandoning the Hk Company

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  1. #21

    Join Date
    May 2009
    Posts
    6,322
    Quote Originally Posted by jobin:
    Here is my true story.
    ..... i was unable to get a HK ID
    Are you still in HK? I am not sure if there are any legal issues for a director. Maybe a good idea to avoid HK by all means when traveling, and China.
    jimbo_jones likes this.

  2. #22

    Join Date
    Apr 2019
    Location
    island east
    Posts
    497
    Quote Originally Posted by vibhor jain:
    The thing is my company is already bankrupt and it cannot afford the registration fees and everything.
    Quote Originally Posted by becomjapanHK:
    I guess if you never wanted to be a Director of a business again HK, never lived in HK ever again or anything like that for a minimum period of 7-10 years (not sure about the debts to government authorities).....then you might 'get away with it' (so to speak).
    Also, working for financial services companies or listed companies at a senior position may be problematic. As outside business interests and failed / non-compliant companies could get your employment offer retracted...

    ymmv