Singapore ACRA Striking Off & Company Dissolution Guide 2026

Complete guide to striking off a defunct company with ACRA in Singapore. Explains Section 344 criteria, IRAS tax clearance, & 60-day objection period.

Statutory Overview & Legal Framework

Closing a defunct private limited company in Singapore is governed by Section 344 of the Companies Act (Cap. 50) and administered by ACRA. A company may apply to ACRA to be struck off the register if it has ceased business operations, has no outstanding assets or liabilities, has settled all tax obligations with IRAS, and is not involved in ongoing legal proceedings. ACRA's striking-off process costs S$40 and includes a 30-day notice to company officers, a First Gazette publication, a 60-day public objection period, and a Final Gazette publication. Use this guide to understand ACRA company striking-off rules.

Core Statutory Criteria & Regulations

Section 344 Defunct Company Striking CriteriaDefunct Criteria

Company must have ceased trading, have no assets or liabilities, no outstanding court proceedings, and settled all IRAS tax obligations.

ACRA 60-Day Gazette Public Objection Window60-Day Gazette

After initial 30-day officer notice, ACRA publishes First Gazette notification initiating a 60-day public objection period.

IRAS Tax Clearance & Final AccountsIRAS Tax Settlement

The company should settle outstanding tax matters and ensure there are no outstanding tax filings or objections with IRAS before ACRA striking off.

Court Order Restoration Window (6 Years)6-Yr Restoration

An aggrieved creditor or officer may apply to Singapore courts within 6 years of striking off to restore the company to the register.

Qualification & Compliance Requirements

Applies to private limited companies registered in Singapore that have ceased business operations.

Company must not have any outstanding debts owed to creditors, ACRA, IRAS, or government agencies.

Bank accounts must be closed and final balance distributed prior to striking off.

Majority of directors must authorize the striking-off application.

Statutory Document & Application Checklist

Companies Act (Cap. 50, Section 344)

ACRA Bizfile Online Striking-Off Application Form

Directors' Resolution approving Striking-Off Application

IRAS Tax Clearance Confirmation / Final Tax Return Receipts

Final Bank Account Closure Statement

Step-by-Step Filing & Compliance Process

Cease Operations & Settle All Liabilities

Terminate commercial contracts, settle all outstanding debts with creditors, and distribute remaining assets.

Clear Corporate Tax Accounts with IRAS

Submit final tax returns (Form C-S) and ensure IRAS tax accounts show zero outstanding liabilities.

Close Bank Accounts & Pass Board Resolution

Close corporate bank accounts and pass directors' resolution approving ACRA striking-off filing.

Submit Striking-Off Application on Bizfile

Submit striking-off application on ACRA Bizfile portal and pay S$40 fee.

Gazette Notices & Final Dissolution

ACRA issues 30-day officer notice, publishes First Gazette (60-day public objection period), and publishes Final Gazette dissolving the company.

Frequently Asked Questions (FAQ)

Striking off is a fast and cost-effective process under Section 344 of the Companies Act to remove a defunct, non-operational company from ACRA's register.

The official ACRA filing fee for a striking-off application on Bizfile is S$40.

Yes. A company should settle outstanding tax matters and ensure there are no pending tax filings or objections with IRAS before ACRA approves a striking-off application.

The process generally takes about 4 to 5 months from filing, which includes a 30-day officer notice period and a 60-day Gazette public objection period.

Yes. An interested person or creditor can apply to the Singapore High Court within 6 years of striking off to restore the company to the ACRA register.