Customer Service

home@systemday.com

Company Dissolution

Company Dissolution – Voluntary Strike Off

A company can apply for its name to be struck off the register of companies and be subsequently dissolved by a voluntary strike off procedure.

This process can be used in situations where a solvent company has fulfilled the purpose it was initially set up for, is no longer trading.

Dissolving the company is the simplest and most cost-effective way to close a solvent company down.

The general conditions and requirements for a company to make an application for de-registration/strike off are:

  • All the members of the company agree to the de-registration
  • 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.