Closing down of Company / Strike Off Services

Your Key to Striking Off / Degistering a Company in Singapore

Striking off is the most common method of closing a company in Singapore. However, companies must first satisfy ACRA’s strict eligibility criteria before applying for strike-off. Once all conditions are met, the company may submit an application to the Accounting and Corporate Regulatory Authority (ACRA) to have its name removed from the Register. Approval is granted at ACRA’s sole discretion.

Eligibility Criteria for Strike-Off

To qualify for strike-off, a company must ensure that:

It has been dormant since incorporation and/or has ceased operations.
It has no outstanding debts owed to IRAS, CPF Board, or any other government agencies, and no outstanding charges in the register of charges.
It is not involved in any legal proceedings (whether in Singapore or overseas) and is not under any regulatory or disciplinary action.
It has no existing assets or liabilities as of the date of application.
There are no contingent assets or liabilities that may arise in the future.

The process of striking off a company can be complex and time-consuming, as it requires strict compliance with legal and regulatory obligations.

How WLP Can Help ?

At WLP, we provide expert advice and hands-on assistance to determine the most suitable approach for your business closure. Our team ensures that both the company’s and stakeholders’ interests are safeguarded throughout the process. We handle every stage — from evaluating your eligibility and preparing the necessary filings to finalising the closure — allowing you to achieve a smooth and worry-free company strike-off.

Pricing Rate for Strike Off / Company Closing Services From S$600 / S$1,200

Strike Off / Company Closing Services

Why Us?

Recent Testimonials

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It was a breeze working with WLP to have our accounting system upgraded. Sze Ying, in particular, vary helpful and professional throughout the upgrading process and even after. Thankful to have her to guide us through this journey.

I am happy with how WLP effectively replace my full time accountant. Setting up a subsidiary in Singapore is not easy. They automated my company accounting process and allows me to track my project costing. I appreciate how my whole company can be structured more efficiently by having app add-ons to Xero and how their accountants serve me when i outsource payroll functions to them. Thank you guys!

Alvin and his accounting team at WLP are awesome to work with. I can easily get to them and responses are very prompt. They provide efficient, cost-saving cloud accounting services to my company. We went through multiple other Singapore accountancy firms who simply were unresponsive, unhelpful and severely lacking in knowledge about modern accounting technology. WLP brings a level of professionalism, technology which I can normally only get in San Francisco, and most certainly will not find anywhere else in Singapore. WLP reduced the cost of our back-office (up to 30% within 2 months), taking care of our payroll, accounting, reporting. We now no longer need a CFO too. They handle it completely. I am glad to have and know them.

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