Strike Off Singapore
One of the key procedures when winding up a company is having its name struck off from the official Singapore Companies Register, that is, if it is Singapore-incorporated. In this case, the director, company secretary or even an appointed filling agent will need to submit a striking off application to the Accounting & Corporate Regulatory Authority (ACRA).
There are certain requirements that must be met by your company before its strike off, failure to which your application will be rejected. So in order to have a higher success rate and ensure the process of striking off your company with ACRA is seamless; you may need to consider engaging the services of a pro strike off company like us.
Why Do Companies Apply For A Strike Off?
A private company may apply to ACRA requesting for a strike off of its name in the register if the company is no longer doing or carrying on with business. Striking off is only suitable for small or dormant companies that are able to easily fulfill specific requirements set out by the Singapore Companies Act and by extension, ACRA.
What Are The Requirements For Striking Off A Company?
× Ceased all business operations
× No outstanding penalties owed ACRA
× No tax outstanding tax liabilities to or tax refunds from IRAS
× No pending charges like mortgages in its charge register
× No pending employer’s CPF contributions
× No involvement in any court proceedings
× No assets and/or outstanding liabilities on company accounts
× None of company officers like directors have any pending ACRA summons
× GST registration cancelled and that no GST matters are outstanding
× The last set of company’s audited accounts submitted
Our Services and Fees
|Strike off Accounts||$650|
- Preparing the zeroized accounts and financial statements.
- ACRA filing for striking off company.
|Tax Clearance Strike off||$350 per each outstanding YA|
- Preparation of tax computation.
- Preparation of outstanding tax return.