Strike-off means closing down the company and clear its affairs with regulator Body. Please note that in some case company can also do voluntary strike off such as if a company ceases to trade, or has never traded, and has no outstanding creditors can request that the Registrar strike off the company. There is a formal procedure to do that.
The easiest and quickest way to close an Irish company is if the company has no assets or liabilities. This mean that the company may therefore be voluntary struck of the register. In order for this to occur, you must take the following steps:
- Ensure all Annual Returns and Accounts are up to date
- Draft a Directors statement that the company has ceased trading
- Draft minutes of the Board Meeting for Directors and Shareholders consent to the dissolution of the company
- Send a Letter to Revenue requesting a letter of no objection
- Put an informative Advertisement in Irish National Daily Newspaper
- Prepare and file the form H15 with the Companies Registration Office
Once the company has been officially struck off the register (this can take approximately 3 months) we will notify you immediately.