Before applying to strike off a company, check whether it has stopped trading, closed its bank accounts, settled assets and liabilities, dealt with tax and GST, and completed outstanding filings.
Companies with unresolved debts, disputes or insolvency concerns may need a different closure process and appropriate professional advice.
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.
Trading and contracts should be concluded.
Bank balances and liabilities need to be settled.
Outstanding ACRA and IRAS matters should be addressed.
ProSec reviews the available records and client confirmations before preparing an application. The company must continue meeting obligations until it is formally struck off.
| Option | Generally considered when | Main issue |
|---|---|---|
| Strike off | The company has ceased, has no unresolved assets or liabilities and meets ACRA conditions | Eligibility and objection risk |
| Remain dormant | The company may be retained for later use | Ongoing ACRA and IRAS obligations |
| Liquidation | Assets, debts, disputes or insolvency require a formal process | Professional insolvency and legal process |
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.
Outstanding corporate tax, GST and other IRAS matters should be reviewed and addressed to reduce objections or follow-up queries.
Current ACRA guidance states that the strike-off application itself is free. Professional service fees cover status review, document preparation and filing support.
It is not immediate. ACRA conducts review, publication and objection steps, and timing depends on the company’s status and any objections.
It is generally unsuitable for a straightforward strike-off application. The company may need to resolve the issues or consider liquidation with appropriate advice.
Send us your company status and available documents. ProSec will explain the relevant scope, fee and next step.
