Our striking-off services are designed to simplify the process of dissolving a local company. Our expert team provides a hassle-free experience, preparing and filing all necessary documents, handling communication with government agencies, and ensuring a smooth and efficient process. Let us help you with a positive and stress-free company strike-off experience.
Why Choose RMS For Striking Off Company
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Full range of services to support your business.
What’s Next?
RMS assists to keep your company stays compliant at all times.
What are the requirements in striking off a company?
The company must have stopped business activities or not have commenced activities from the date of incorporation
No current or contingent assets or liabilities
No outstanding tax liabilities with the Inland Revenue Authorities
All outstanding Income Tax Returns have been submitted
Accounts and tax computations have been submitted up to the date of cessation of business
No outstanding tax matters before closure of bank account
GST registration has been cancelled and there are no outstanding GST matters.
No debts owed to any Government authorities
No ongoing involvement in any court proceedings
No outstanding charges in the company’s charge register
Written consent from the majority of the shareholders must be obtained
Finalised accounts drawn up till the date of cessation must be attached
What if the company was dormant since incorporation?
Company must submit a letter stating that:
No business transactions took place since the date of incorporation
No bank account was opened, or any opened bank account is now closed
Who can submit the application?
Company director
Company Secretary
Corporate Service Provider
How can the Company apply to strike off?
The application can be filed online through the ACRA BizFile website.
How long does the application take to process?
ACRA will process the application within 5 working days.
If approved ACRA will send a striking off notice to:
Company registered office
Company directors and company secretary at their residential address
IRAS
If no objection after 1 month, ACRA will publish Company name in the Government Gazette. This is referred to as the First Gazette Notification.
If there is no objection during the 3 months after the First Gazette Notification, ACRA will publish the name in the Government Gazette and the company name will be struck off. This is referred to as the Final Gazette Notification.
The entire process will take at least 5 months.
If ACRA rejects the application, steps will need to be taken to meet the strike-off requirements and then file the application again.
Who can file an objection?
Any interested person can lodge an objection, for example a debtor.
What if ACRA receives an objection to the striking off application?
ACRA will withhold the application and notify the company to resolve the outstanding matter within 2 months of the date of objection. If the matter is reolved, the objector must lodge a “Clearance of an Objection to Striking Off” via BizFile where after ACRA will proceed with the striking off application.
What if the matter is not resolved within 2 months?
If the company is unable to resolve the matter within 2 months, the application will lapse and the company will revert to live status.
Once the matter is resolved, the company will need to submit a fresh striking off application if it still wishes to be struck off the register.
Can a company withdraw the striking off application?
Yes, the company can apply to ACRA requesting the withdrawal of its application for striking off and must provide clear reasons for the withdrawal. The request must be lodged at least 5 working days before the company is scheduled to be struck off the Companies Register.
