Establish Your Company Strike off with One IBC
Company strike off is a formal process to legally close a company that’s no longer active. One IBC supports clients with a smooth, compliant, and hassle free strike off procedure in various jurisdictions.
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Why Use One IBC for Company Strike off
Why Use One IBC for Company Strike off
Expert Guidance Across Jurisdictions
We understand legal strike off procedures in each region and handle the process accordingly.
Complete Documentation Support
We help prepare and file all necessary forms, board resolutions, and declarations.
End-to-End Process Handling
From submission to final deregistration, we follow through until your company is fully dissolved.
How To Set Up Company Strike off
Check Eligibility
Ensure the company is inactive, has no liabilities, and complies with local strike off criteria.
Prepare Closure Documents
Draft board resolutions, strike off applications, and declarations of no debt or activity.
Settle Final Obligations
Close tax accounts, settle outstanding fees, and file final annual returns if needed.
Submit to Authorities
Lodge strike off documents with the company registry or relevant authority.
Wait for Confirmation
Authorities review the request and, if approved, officially dissolve the company.
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Frequently Asked Questions
The company must meet the following conditions before making an application for deregistration/strike off.
All the members of the company agree to the deregistration.
The company has not commenced operation or business, or has not been in operation or carried on business during the 3 months immediately before the application.
The company has no outstanding liabilities.
The company is not a party to any legal proceedings.
The company has obtained a Notice to Authority/Company Registry.
Winding up is the process of settling the accounts and liquidating the assets of a company for the purpose of making distribution of the net assets to members and dissolving the company.
Deregistration is A defunct solvent company, it is a relatively simple, inexpensive and quick procedure for dissolving defunct solvent companies.
As for striking off, the Registrar of Companies may strike the name of a company where the Registrar has reasonable cause to believe that the company is not in operation or carrying on business.The company shall be dissolved when its name is struck off the Companies Register. Striking off is a statutory power conferred on the Registrar, a company cannot apply for striking off.
Depending on the jurisdiction you are incorporated in and the status of your business, it normally it takes 1-2 months, but it may be 5 months for companies incorporated in Hong Kong, Singapore and the UK