Board Resolution For Closure Of Business Template for Hong Kong

1. Property Disposal: Required if company owns real estate or significant physical assets that need specific disposal instructions

2. Intellectual Property: Needed if company owns patents, trademarks, or other IP requiring transfer or disposal

3. Subsidiary Companies: Required if the company has subsidiary entities that need to be addressed

4. Special Licenses: Necessary if company holds regulated licenses requiring specific surrender procedures

5. Ongoing Litigation: Required if there are pending legal matters that need to be addressed

6. International Operations: Needed if company has overseas branches or operations requiring closure

1. Schedule A - Financial Statement: Latest financial position of the company

2. Schedule B - Asset Register: Complete list of company assets and their proposed disposal

3. Schedule C - Creditor List: List of all creditors and outstanding amounts

4. Schedule D - Employee Register: List of employees and their entitlements

5. Appendix 1 - Notice of Cessation: Draft notice to be filed with Companies Registry

6. Appendix 2 - Timeline: Detailed closure implementation timeline

7. Appendix 3 - Power of Attorney: Authorization documents for appointed representatives