CPDB102CS

Achieving Efficiency in Unprecedented Times – Practical Tips in Liquidating Inactive Companies

  • Cantonese

  • HKCGI Member, Graduate, Student, Affiliated Person & Non-Member

Speaker(s)

  • Ms Joyce Lau FCG HKFCG, Executive Director, Head of Financial Accounting & Tax Services, Corporate Clients (Service Management), Vistra Greater China
  • Ms Ella Wong FCG HKFCG, Director, Company Secretarial Services, Vistra

Description

Speaking of business restructuring, we always relate it with insolvency and bankruptcy of business in crisis. Business restructuring through Members’ Voluntary Liquidation (“MVL”) can also be an active action to better manage your business to prepare for the future challenges. Two experts from Tricor will discuss the procedures of liquidation and matters to consider prior to the commencement of liquidation.

Outline

  • Outline of statutory procedures for MVL
  • Major pros and cons of MVL from accounting and company secretarial perspectives
  • Identifying pre-liquidation housekeeping issues  - unwinding assets and liabilities

 Key learning points

  • How to dissolve a target company that match with your company’s needs and available resources
  • Advice on the appropriate timing to kick off the liquidation of company 
  • Identify issues to address prior to the commencement of liquidation
  • Case studies to illustrate common practical issues with solutions

(Recorded in August 2023)

Level: Intermediate

Speakers' bios:
Ms Joyce Lau
Ms Ella Wong

Got Questions?

Visit our FAQs or contact the Professional Development Section: 2881 6177 or email: cpd@hkcgi.org.hk

Scroll To Top