Contrary to popular belief, if a company has not commenced business or has ceased business it is not automatically considered as dormant. In Hong Kong, you must officially register your company as dormant. Only that way will you be relieved of certain basic annual requirements as shown in our graphic here.
To be able to register as dormant your company should have no significant accounting transactions in the last financial year. If you want to know more about dormant registration check out our article.
If you need our help, we can assist to prepare the necessary documentation to register your company as dormant for a flat fee of HKD3,000.