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Company strike off, also referred to as Dissolution, is the process by which a Company is removed from the Registrar.
There are many who would like to dissolve a company after they have completed their business goals, or who do not want to use a company anymore for some reason. Setting up companies seems to be simple, but when you dissolve them, you need to fulfill all your duties with the incorporated jurisdiction. Depending on the jurisdiction which the process can be complex as well as time-consuming.
However, some jurisdictions requiring a tax declaration: Hong Kong, Singapore, the US or the UK, etc the procedure is much more complicated, Accounting and Auditing report and other relevant documents must be submitted to the Registrar before the dissolution. Please refer to the Company Strike Off Processing or you can contact us for more information.
We can apply to get your company restored if it was struck off the register and dissolved by the Companies Registrar.
Our experience ensures you stay ahead of legal requirements that can impact your company. You can apply for a company restoration if you were a director or shareholder of the company.
| Country | Time frame | Fee |
|---|---|---|
 Anguilla | 6-9 weeks | US$ 2170 The company must be in good standing in order to proceed with the liquidation. |
 Belize | 2 months | US$ 2300 |
 Cayman Islands | US$ 1235 | |
 Gibraltar | US$ 2000 | |
 Hong Kong | 5-6 months | US$ 499 The company must be in good standing in order to proceed with the liquidation. |
 Marshall Islands | US$ 1200 | |
 Panama | 2 months | US$ 1900 |
 Saint Kitts and Nevis | US$ 1200 | |
 Saint Vincent and the Grenadines | 2-3 weeks | US$ 1500 |
 Seychelles | 2 months | US$ 2300 |
 United Kingdom of Great Britain and Northern Ireland | 2-3 months | US$ 350 |
 Vanuatu | 3-4 months | US$ 1200 |
 British Virgin Islands | 6 weeks | US$ 2800 The company must be in good standing in order to proceed with the liquidation. |
 United Arab Emirates (UAE) | US$ 3300 |
| Country | Time frame (From the Closing date of the Company) | Fee |
|---|---|---|
| Anguilla | Under 6 months | US$ 850 |
| Under 6 months | US$ 825 | |
| Over 6 months | US$ 1125 | |
| Belize | Under 6 months | US$ 1150 |
| Over 6 months | US$ 1650 | |
| Hong Kong | Ly test | US$ 123 |
| Marshall Islands | Under 6 months | US$ 1025 |
| Saint Vincent and the Grenadines | Under 6 months | US$ 930 |
| Seychelles | Over 6 months | US$ 1150 |
| British Virgin Islands | test12 | US$ 1234 |
The company must meet the following conditions before making an application for deregistration/strike off.
Yes. A company is required to file Annual Returns and observe its obligations under the Companies Ordinance until it has been dissolved. Failure to do so will make the company liable to prosecution.
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
Read more: Strike off company
A company that is struck-off the Register will be deemed to be dissolved seven years after strike-off. The company name may be reused at any time after the company is dissolved. If the name of the company has been reused in accordance with the Act, the company is restored to the Register with its company number name.
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