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Eligibility review before ACRA application

Singapore Company Strike Off Service

Before applying, confirm that the company has stopped business, has no assets or liabilities, has settled taxes and meets all striking-off criteria. Review the Annual Return position and any court summons; outstanding Annual Returns alone do not necessarily prevent an eligible application.

Companies with unresolved debts, disputes or insolvency concerns may need a different closure process and appropriate professional advice.

Practical guidance

Strike-off: when clients usually need help

If you are unsure where to start, these guides explain the common decisions before you appoint a provider or make a filing. This page explains how ProSec can assist with the actual filing and follow-up services.

When clients usually need this

  • The company has stopped business and wants a clean closure route.
  • Directors need to confirm no debts, no outstanding tax and no unresolved compliance issues.
  • Review accounting, tax and ACRA records to establish eligibility and identify any matters requiring action.

What we usually need from you

  • Latest accounts, bank balance and creditor/debtor status
  • IRAS filing/tax clearance position
  • Shareholder/director approval and business closure explanation
Business statusNo continuing operations

Trading and contracts should be concluded.

Financial positionNo unresolved assets or debts

Bank balances and liabilities need to be settled.

ComplianceTax and filings reviewed

Outstanding ACRA and IRAS matters should be addressed.

Service scope

What the strike-off review covers

ProSec reviews the available records and client confirmations before preparing an application. The company must continue meeting obligations until it is formally struck off.

Review and filing

  • Current ACRA company status
  • Business cessation and bank account position
  • Assets, liabilities and outstanding contracts
  • Tax, GST and filing status
  • Application documents and filing support

May require separate advice

  • Insolvency or inability to pay debts
  • Shareholder or creditor disputes
  • Litigation or regulatory investigation
  • Complex asset distributions or liquidation
Eligibility checklist

Check these items in order

  1. Operations: confirm the company has stopped trading and no new contracts are being entered.
  2. Bank and assets: settle bank balances, receivables, equipment and other assets.
  3. Liabilities: pay suppliers, loans, employee amounts and other debts.
  4. Tax and GST: review outstanding IRAS filings, assessments and cancellation matters.
  5. ACRA records: confirm current particulars, any court summons and striking-off eligibility; overdue Annual Returns alone are not an automatic bar.
  6. Consent and application: document the directors’ decision and submit the strike-off application.
Closure options

Strike off, dormancy and liquidation

OptionGenerally considered whenMain issue
Strike offThe company has ceased, has no unresolved assets or liabilities and meets ACRA conditionsEligibility and objection risk
Remain dormantThe company may be retained for later useOngoing ACRA and IRAS obligations
LiquidationAssets, debts, disputes or insolvency require a formal processProfessional insolvency and legal process
Official sources

Rules and filing guidance

Striking-off timing and outstanding Annual Returns

For applications made on or after 20 October 2026, ACRA’s striking-off process takes at least two months after approval; earlier applications take at least three months. Preparation, tax matters and objections can extend the overall timeline. Outstanding Annual Returns alone do not necessarily prevent an application if there is no ongoing court summons and all striking-off criteria are met. This does not waive taxes, debts or other unresolved obligations.

Official guidance: acra.gov.sg - Striking-off timing and outstanding Annual Returns

FAQ

Questions to settle before engagement

Can a company with money in the bank apply for strike off?

The balance, outstanding receipts and closure arrangements should be dealt with first. A company with unresolved assets should not state that it meets the conditions.

Can a company apply with unpaid tax or missing filings?

Outstanding corporate tax, GST and other IRAS matters should be reviewed and addressed to reduce objections or follow-up queries.

Does ACRA charge an application fee?

Current ACRA guidance states that the strike-off application itself is free. Professional service fees cover status review, document preparation and filing support.

How long does strike off take?

It is not immediate. ACRA conducts review, publication and objection steps, and timing depends on the company’s status and any objections.

Can a company with debts or shareholder disputes be struck off?

It is generally unsuitable for a straightforward strike-off application. The company may need to resolve the issues or consider liquidation with appropriate advice.

Confirm the documents and service scope first

Send us your company status and available documents. ProSec will explain the relevant scope, fee and next step.

Request a strike-off review
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