If my [company removed] can’t pay suppliers, can we do a creditors’ voluntary liquidation, and how long does it take?
In Hong Kong
Last Updated:
Feb 11, 2026
My trading company in Hong Kong has cashflow problems and several suppliers are threatening legal action. I want to know the steps to start a creditors’ voluntary liquidation, typical timeline, and what directors must do to avoid personal liability.
Lawyer Answers
Hauzen LLP
Feb 11, 2026
Feb 11, 2026
Creditors’ voluntary liquidation in Hong Kong generally takes 9 to 12 months from the initial shareholder and creditor meetings to final dissolution. We can assist you with this matter and would be happy to discuss the details with you.
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