Application for A Company to be Struck-off

What are the criteria?

  1. The company has ceased trading or has not commenced business since incorporation.
  2. The company has no outstanding tax liabilities with IRAS.
  3. The company has no outstanding employers’ CPF contribution owing to the Central Provident Fund Board (CPFB).
  4. The company has no outstanding debt owed to any government agency.
  5. The company must not have any outstanding charges in the company’s charge register.
  6. The company is not involved in any court proceedings (within or outside Singapore).
  7. The director(s) have obtained the written consent of the majority of the shareholders.
  8. The company has no current/contingent assets and liabilities.
  9. The accounts attached must be drawn up till the date of cessation indicated in the application (if any).
  10. Company Limited by guarantee must submit the last set of audited accounts.

Can a company be reinstated after it has been struck off?

A company can be reinstated within 6 years from the date of striking off. An order of the court is required to be obtained to reinstate the company which has been struck off.