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Understanding 公司清盤: What It Means for Businesses

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When a company can no longer pay its debts or decides to stop operating, one common step is 公司清盤. This term, often used in Hong Kong and other Chinese-speaking regions, translates to “company liquidation.” It refers to the formal legal process of closing down a company, settling its debts, and distributing any remaining assets to shareholders. What Is 公司清盤? 公司清盤 is a... https://www.ruthy-chan-bankruptcy.com/compulsory-winding-up
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