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Hong Kong company reduces capital

1. Information required by the customer:
-Basic company information: Original and photocopy of the company registration certificate (CI) and business registration certificate (BR).
-Board resolution: A resolution document signed by all directors agreeing to reduce capital (specifying the amount, method, and reasons for the reduction).
-Shareholder approval document: Special resolution on capital reduction passed by the shareholders' meeting (subject to the voting ratio stipulated in the company's articles of association).
-Revised Articles of Association: Updated provisions related to registered capital and share capital structure.
-Proof of Creditor Notification: A record of written notification to all creditors prior to the capital reduction (if applicable under the statutory capital reduction procedure).

2. Our service content:
-Solution consultation: Develop a capital reduction plan based on the company's needs (paid reduction, free reduction, or loss reduction).
-Document drafting: Prepare board resolutions, shareholder resolutions, and articles of association revision documents.
-Government declaration: Submit a capital reduction application (NSC form) and court confirmation documents (if required) to the Hong Kong Companies Registry.
-Creditor coordination: Assist in handling creditor objections or public statements (as required by legal procedures).
-Subsequent update: Complete changes to related information such as business registration certificate and bank account.

3. Detailed explanation of capital reduction process:
-Evaluation and signing: Confirm the legality of the capital reduction plan and sign a service agreement.
-Internal resolution: Adopt special resolutions of the board of directors and shareholders' meeting (1-3 working days).
-Creditor notice: issue a capital reduction announcement or written notice to creditors (if necessary, take 7-14 days).
-Court application (if applicable): Submit a capital reduction confirmation application to the High Court of Hong Kong (approximately 1-2 months for approval).
-Government filing: After approval, submit the capital reduction documents to the company registration office (update the registration certificate within 5-7 working days).

4. Important precautions:
-Legal compliance: Capital reduction must strictly comply with Articles 215-222 of the Company Regulations, otherwise it may be invalid.
-Protection of creditors' rights and interests: Failure to properly handle creditors' objections may result in the revocation of capital reduction or the liability of directors.
-Financial authenticity: Avoiding the transfer of assets through capital reduction to evade debt may constitute a criminal offense.
-Bank account update: After the capital reduction, it is necessary to promptly notify the bank to adjust the registered capital registration information.

Why choose us:
-Our professional team is familiar with the legal procedures and court application requirements for capital reduction in Hong Kong.
-Efficient processing: Simplify complex processes and complete capital reduction within 2 months at the fastest.
-Risk control: Strictly review the legality of documents and avoid legal disputes.

reminder:
Reducing capital may affect the company's credit rating. It is recommended to exercise caution after evaluation and keep complete records of resolutions and notices for future reference.

If you need to handle or consult specific procedures, please feel free to contact our professional team at any time!
Phone: XXX-XXXXX-XXXX | Email: XXX@XXX.com |Official website: www.XXX.com

Assist enterprises in efficient transformation and protect your business rights!

Note: The above content is organized according to the current regulations in Hong Kong, and specific operations are subject to actual business and the latest government regulations.