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Does the Macao company have to be cancelled if it has no business?

Released Date: Sep 24,2022 Article Source: HUANZE

If the Macao company does not want to operate after registration, it is suggested to go through the cancellation procedures in accordance with the formal process, so as to avoid unnecessary risks.

If the Macao company does not want to operate after registration, it is suggested to go through the cancellation procedures in accordance with the formal process, so as to avoid unnecessary risks.

The cancellation of a Macau company refers to the process when a Macau company needs to apply to the registration authority for cancellation and terminate its legal person status due to internal or external reasons. The cancellation requirements are: all shareholders sign the cancellation of statutory documents, such as the agreement to cancel the board of shareholders resolution notarized documents, cancellation application documents.

In addition, when the company is dissolved, the members of the administrative authority of the company and if any secretaries shall be counted from the date of dissolution15The legitimacy of the application for registration within days; After the time limit, any interested parties, including shareholders, have the legitimacy to apply for registration. At the same time, the company shall start on the completion date15Go to the Finance Bureau for completion formalities within days.

Does the Macao company have to be cancelled if it has no business?

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