Vienna · AustriaWONE Global Capability Partner · Austria
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Cases · Business & ownership · Corporate ownership & governance
Urgent Restore a company struck off or in default abroad
Our company abroad has been struck off. How do we fix it?
WONE Global has a corporate professional in that country apply for restoration, bring filings up to date and restore access to the assets.
Countries in the typical case Malaysia · Hong Kong
The situation
What is happening
The registry has struck off the company or marked it in default for missed filings.
What is at stake
A struck-off company cannot trade, sign contracts or access its bank accounts and assets.
Who faces this
- Corporations
- Mid-sized companies
- Private clients and families
A scenario
FamilyPrivate client or family · from Malaysia · in Hong Kong
Its Hong Kong holding company has been struck off, freezing a bank account holding the proceeds of a property sale.
Where it ends The company and the money back.
A representative scenario of the work WONE Global coordinates, not a specific client’s matter.
Also asked as “Company deregistered for missed filings”“Restore a dissolved company”
The solution
How WONE Global handles it
WONE Global has a corporate professional in that country apply for restoration, bring filings up to date and restore access to the assets.
Usually led by Setting up and running a company, with Accounting and annual filings and Contracts and commercial law.
Step by step, in the scenario
- Week 1Restoration route.
- Weeks 2-6Filings.
- Months 2-4Restored.
- ThenAccount released.
Timings are typical. They depend on the countries, the authorities involved and how quickly documents are available.
Decisions
The decisions involved
- 01Whether restoration is possible
- 02Which filings and penalties are due
- 03How to release frozen assets
Outcomes
What you receive
- Restoration application
- Filings brought up to date
- Bank and asset access restored
This is a general guide. Your WONE Global professional confirms the work, timing and fees for your markets before anything starts.
Services
The services involved
One area of expertise usually leads; the others move with it. WONE Global keeps them connected across every country involved.
Who handles it
Setting up and running a company, market by market
The status of the lead service in the markets that matter for this case. A named WONE Global Partner acts under their own licence; where none is in place yet, WONE Global confirms availability before anything else.
- Hong Kongin the typical case On request Availability confirmed before any work begins Bring a requirement →
- Malaysiain the typical case On request Availability confirmed before any work begins Bring a requirement →
- Austria WONE Global Partner Mag. Mario Haider · Tax Consultant Brief this Partner →
- Rwanda WONE Global Partner Lydie N. Murorunkwere · Founder & Managing Director Brief this Partner →
- United Arab Emirates WONE Global Partner Dr Hajra Nazir · Head Corporate Advisory / Consultancy Division Brief this Partner →
- India On request Availability confirmed before any work begins Bring a requirement →
- Saudi Arabia On request Availability confirmed before any work begins Bring a requirement →
- Singapore On request Availability confirmed before any work begins Bring a requirement →
- United Kingdom On request Availability confirmed before any work begins Bring a requirement →
- United States On request Availability confirmed before any work begins Bring a requirement →
Other markets: WONE Global covers 100 countries. Name yours in the requirement →
Vienna · Austria
Kigali · RwandaWONE Global Capability Partner · Rwanda
Lydie N. Murorunkwere
Lydie is the Founder and Managing Director of ML Corporate Services Ltd and the first Chairperson of the Rwanda Trust Companies Association (RTCA).
Dubai · United Arab EmiratesWONE Global Capability Partner · United Arab Emirates
Dr Hajra Nazir
Dr Hajra Nazir is qualified Professional Doctorate (PD) in Business Advisory & Compliance with prestigious organizations in the field of Corporate Advisory, Business Administration, Law, Commerce, Applied Economics etc.…
Quito · EcuadorWONE Global Capability Partner · Ecuador
Pablo Andres Guerra
Experienced Partner with a demonstrated history of working in the accounting industry. Skilled in International Tax, External Audit, Generally Accepted Accounting Principles (GAAP), Income Tax, and Tax. Strong entrepren…
Milan · ItalyWONE Global Capability Partner · Italy
Gianluigi Mollica
Mexico City · MexicoWONE Global Capability Partner · Mexico
Marco Antonio Bernal Munguia
Discover
Where this case connects
The markets, corridors and guides behind this case, and the questions to put to Ask WONE below. Every link opens a page that links back here.
Markets in the typical case
Services and subject
Ask WONE about this case
Worked examples
How it goes in practice
Researched corridor journeys, and representative scenarios on the same subject. None is a specific client’s matter.
- Corporation · from Canada · in Hong KongIt finds that its Hong Kong subsidiary has not filed annual returns for two years. Fines are building, and the bank has started asking questions.How WONE Global handles it →
- Mid-sized company · from Kuwait · in United Arab Emirates, United Kingdom, EgyptA director has resigned from three subsidiaries, and the banks will not act on instructions until the records are updated.How WONE Global handles it →
- Corporation · from France · in MoroccoIt is forming a 50/50 joint venture with a Moroccan group for a solar project.How WONE Global handles it →
Corporate ownership & governance
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WONE Global Intelligence
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