Trading and contracts should be concluded.
Eligibility review before ACRA application
Singapore Company Strike Off Service
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.
Bank balances and liabilities need to be settled.
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
- Operations: confirm the company has stopped trading and no new contracts are being entered.
- Bank and assets: settle bank balances, receivables, equipment and other assets.
- Liabilities: pay suppliers, loans, employee amounts and other debts.
- Tax and GST: review outstanding IRAS filings, assessments and cancellation matters.
- ACRA records: complete overdue filings and confirm company particulars.
- Consent and application: document the directors’ decision and submit the strike-off application.
Closure options
Strike off, dormancy and liquidation
| 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 |
Official sources
Rules and filing guidance
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.