A company in Hong Kong can be terminated through either “Liquidation/Winding Up” or “De-Registration.”
Usually, the process of de-registering a company is simpler, less expensive, and faster in comparison to winding up or liquidation. However, certain conditions must be met by the company to become de-registered, and the process usually takes 5-7 months, depending on the intricacies involved.
On the other hand, winding up a company is a protracted, costly, and time-consuming process.