We handle striking off from S$300 for existing clients and winding up from S$600, depending on the complexity of the company. Striking off is the simpler, lower-cost way to close a company that has stopped trading and has no assets or debts. A company with assets to distribute, creditors to pay or disputes to resolve usually needs to be wound up instead.
Striking off or winding up?
| Striking off | Voluntary winding up | |
|---|---|---|
| Suits | A company that has ceased business, has no assets or liabilities and no outstanding filings or dues | A company with assets to distribute or debts to settle |
| Who runs it | The directors apply to ACRA | A liquidator is appointed |
| Our fee (existing clients) | from S$300 | from S$600, depending on the case and number of filings |
| Our fee (non-clients) | from S$500 | from S$800 |
Check whether your company qualifies with our striking off eligibility checker.
Before applying to strike off
- stop trading and close or settle all contracts
- settle tax with IRAS, including any final returns, and deregister for GST if registered
- pay outstanding CPF and other statutory dues, and cancel work passes
- clear all assets and liabilities, including bank balances
- make sure the company is not involved in any court proceedings
- obtain the agreement of the shareholders and directors
What happens after the application
ACRA reviews the application and publishes a notice in the Government Gazette. Creditors and others can object. If there is no valid objection, the company is struck off after the notice period and a final notice is published. A struck-off company can in some cases be restored; read restoring a struck-off company.
Related services
- filing of cessation of business: S$200
- extension of time for AGM or annual return: S$380 for existing clients, S$500 for non-clients
Guides: how to strike off a Singapore company and winding up versus striking off. Where a company faces creditor claims or a court winding-up application, we can coordinate assistance from advisers at associated law firms.
Talk to our team
For help with closing your company, email [email protected] or WhatsApp us at +65 8501 7133. Our office is at 151 Chin Swee Road, Manhattan House, #02-04A, Singapore 169876, open Monday to Friday, 10am to 6pm.