In case of late renewal of your annual license (Business Registration Certificate), the late renewal fees are as follows:
Less than 15 days: USD 200
Between 16 days and 1 month: USD 325
Between 1 and 3 months: USD 450
More than 3 months: USD 450 + USD 150 per month of delay
If more than 42 days late: USD 650 for renaming the Company Sercretary of the company
Important: If the company is more than 42 days late in renewing its license, it runs the risk of being summoned to court in Hong Kong to explain the delay (failure to appear is grounds for criminal prosecution by the Hong Kong Authorities). Hong Kong).
Our responsibility, being able to be compromised, we would AUTOMATICALLY resign from our mandates (Company Secretary, fiduciary service, domiciliation address). In case of payment for the renewal, we will ensure that this call is cancelled. It will then be necessary to rename the Company Secretary in order to renew the company (cost of USD 650).