Striking Off Company

When a business has fulfilled its commercial objectives, completed an internal restructuring, or ceased active operations, formal striking off provides a permanent, legally clean exit. JJV Lucky Stars Consultants guides company directors through every stage of ACRA striking off, ensuring full IRAS tax clearance and total discharge of statutory liabilities.

Allowing a dormant company to drift without proper de-registration triggers accumulating ACRA late filing penalties, director debarment, and statutory summons. Our specialists handle all compliance requirements to ensure an orderly, stress-free company dissolution.

Statutory Requirements for Striking Off in Singapore:

• The company has formally ceased all business operations or never commenced trading.
• Zero outstanding tax liabilities with IRAS, with official written tax clearance secured.
• All corporate bank accounts closed with zero balances and statements of account finalized.
• No pending legal proceedings, unresolved claims, or ongoing litigation in or outside Singapore.
• Clean Register of Charges with no undischarged debentures or bank charges registered with ACRA.
• Written consent obtained from a majority of shareholders approving the dissolution.