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Introduction

Hong Kong’s company re-domiciliation regime effective 23 May 2025 enables Cayman companies to
re-domicile to Hong Kong, providing greater flexibility for international businesses seeking to establish a
formal presence in Hong Kong. This initiative allows eligible overseas entities to transfer their
registration
to Hong Kong while maintaining their legal identity and operations. For detailed information on eligibility
criteria, application procedures, and Hong Kong’s specific requirements for re-domiciliation, please refer
to
our guide on re-domiciling companies to Hong Kong.
Charltons provides a seamless legal service covering both the Hong Kong and Cayman legal aspects of the redomiciliation.

Deregistration in the Cayman Islands

Upon successfully obtaining the certificate of re-domiciliation from Hong Kong, companies originally
incorporated in the Cayman Islands must initiate deregistration in their home jurisdiction. This step is
essential to finalise the re-domiciliation process or else the re-domiciliation registration in Hong Kong
may be
revoked.

Under the Cayman Companies Act (2023 Revision)(as amended), exempted companies may re-domicile (termed
“transfer” or “be registered by way of continuation”) with approval from the Cayman Registrar of Companies.
The
process generally involves:

• Securing approvals per the company’s memorandum and articles of association;
• Obtaining all requisite consents and additional regulatory clearances;
• Submitting the notice of proposed change in company name (where applicable);
• Submitting the director’s undertaking on creditor notifications;
• Submitting a declaration or affidavit of a director of the company affirming solvency-related
  confirmations,
• that the deregistration application is made in good faith and compliance with all legal prerequisites;
• Submitting the statement of assets and liabilities; and
• Payment of relevant application fees.

If the Registrar of Companies of the Cayman Islands is satisfied with the application, a certificate
indicating
the deregistration will be issued and the company will no longer be a company registered under Cayman law.

As part of the company re-domiciliation process to Hong Kong, Charltons will work with Cayman legal counsel
and
the registered agent of the company where necessary to prepare the documents for the de-registration and
transfer in the Cayman Islands for a smooth exit out of the Cayman Islands. Refer to our guide here for more
details on re-domiciling your Cayman company to Hong Kong.