If you are a company owner who has decided to close your business in Singapore, you may need to follow certain legal procedures to avoid liabilities and comply with regulatory requirements. Strike off is one of the options available for company closure, which involves the removal of your company’s name from the register of companies maintained by the Accounting and Corporate Regulatory Authority (ACRA). To achieve a smooth and successful company strike off, you may consider consulting a professional service provider with expertise in this area.
Our company provides consulting service for company strike off in Singapore, helping clients to go through the necessary steps and documents with ease and peace of mind. Our team of experienced consultants can assist you in:
Assessing the eligibility of your company for strike off
Not all companies can be struck off, as there are certain conditions to be met under the Companies Act and the ACRA regulations. Our consultants can review your company’s status and history, such as whether you have any outstanding liabilities or court orders, whether you have filed the annual returns and tax returns, and whether you have ceased all business activities and disposed of all assets. If your company satisfies the criteria for strike off, we can proceed to the next step.
Preparing the necessary documents and resolutions
Before you can apply for strike off, you need to obtain the approval of your company’s shareholders and directors, and pass the necessary resolutions and minutes. Our consultants can guide you on how to convene the meetings, draft the documents, and obtain the signatures and acknowledgements. We can also advise you on the relevant fees, such as ACRA’s processing fee, the IRAS’s tax clearance fee, and the professional fee for our service.
Filing the strike off application and follow-up
Once the documents and resolutions are ready, we can file the strike off application on your behalf, using the online portal of ACRA. We can ensure that the application is submitted correctly and accurately, and that any supporting documents are attached and verified. We can also monitor the status of the application and follow up with ACRA if there are any queries or clarifications required. If the strike off is approved, we can notify you and provide you with the final documents, such as the notice of striking off and the gazette notification.
Handling related matters after strike off
After your company has been struck off from the register, there may be other issues to resolve, such as the closure of your bank account, the cancellation of your GST registration, and the disposal of your remaining assets. Our consultants can advise you on how to deal with these matters and provide you with further assistance if needed.
Contact Us for Consultation
If you need help with your company strike off in Singapore, please contact us for a consultation. We can provide you with a customized solution that suits your needs and budget, and ensure that your strike off is done properly and efficiently. We value your trust and confidentiality, and strive to deliver a high level of professionalism and customer satisfaction.