Corporate Secretary

Company Sticke Off

Singapore Company Strike Off

You may wish to close the company for various reasons. One of the options available is to strike off the name of the company from the register.

The company has not commenced business since incorporation or has ceased trading.
The company has no outstanding debts owed to Inland Revenue Authority of Singapore (IRAS), Central Provident Fund (CPF) Board and any other government agency.
There are no outstanding charges in the charge register.
The company is not involved in any legal proceedings (within or outside Singapore).
The company is not subject to any ongoing or pending regulatory action or disciplinary proceeding.
The company has no existing assets and liabilities as at the date of application and no contingent asset and liabilities that may arise in the future.
All/majority of the director(s) authorise you, as the applicant, to submit the online application for striking off on behalf of the company.

Process of Striking-Off a Company

1. Need to close bank account

2. It is necessary to clear taxes to IRAS, and to clear the provident fund to the CPF board.

3. Submit an application for closure to ACRA

4. After 30 days from the approval of the striking off application, if there is no objection, ACRA will publish the name of the company in the Government Gazette. This is known as the First Gazette Notification.

5 After 60 days from the First Gazette Notification, if there is no objection, ACRA will publish the name of the company in the Government Gazette again and the name of the company will be struck off the register. The date that the company is struck off will be stated. This is known as the Final Gazette Notification.

Note:

1. The entire process will take at least 4 months.

2.You can apply for restoration within 6 years after the company is closed.