Company Strike Off

Strike-Off Services for Proper Company Closure

We assist businesses in legally striking off companies that are no longer operating—ensuring compliance, risk mitigation, and a clean corporate exit.

Why You Should Not Leave a Company Dormant

Leaving an inactive company on record can create ongoing compliance risks, penalties, and future complications.

Ongoing renewal fees and late penalties

Ongoing renewal fees and late penalties

Consult My Corporate Structure

What Is Company
 Strike-Off?

Company strike-off is a legal procedure to remove a company’s name from the official registry when it is no longer operating.

Typically applies when the company:

  • Has ceased business activities
    Has ceased business activities
  • Has no outstanding liabilities or disputes
    Has no outstanding liabilities or disputes
  • Has fulfilled required filings and obligations
    Has fulfilled required filings and obligations
  • Once completed, the company legally ceases to exist under the applicable jurisdiction.
    Once completed, the company legally ceases to exist under the applicable jurisdiction.
What Is Company Strike-Off?

When Should You Consider Strike-Off?

Strike-off is appropriate when a company is no longer operating and has no outstanding obligations.

Who Needs Accounting Auditting

You may consider strike-off if:

  • The company has no transactions or operations
    The company has no transactions or operations
  • There is no longer a need to maintain the entity
    There is no longer a need to maintain the entity
  • Business strategy has changed
    Business strategy has changed
  • You are preparing for restructuring or migration
    You are preparing for restructuring or migration

Eligibility Requirements

Only companies that meet specific legal and financial conditions are eligible for strike-off.

Eligibility Requirements

To qualify for strike-off, a company generally must:

  • Have no outstanding taxes, fees, or legal obligations
  • Have no unresolved legal disputes
  • Have completed required accounting filings (if applicable)
  • Have closed bank accounts or maintained zero balances
  • Eligibility conditions may vary by jurisdiction.

How It Works - Our Process

A structured six-step approach:

1

Legal status review of the company

2

Eligibility confirmation for strike-off

3

Preparation of resolutions and supporting documents

4

Submission of strike-off application

5

Monitoring and authority confirmation

6

Delivery of official strike-off confirmation

Start My Strike-Off Process

Where Do You Want To Use Strike Off Service?

Important Notes

Important Notes

Strike-off is generally irreversible after the statutory period, with limited restoration options in some jurisdictions. Banks and counterparties should be notified before closure.

Strike-Off Service Fees

Strike-off service fees depend on the jurisdiction, company status, and closure requirements. The final scope and pricing are confirmed after reviewing your company’s eligibility and compliance position.

TypeFee
Company Strike-Off Review
Strike-Off Application & Filing
Authority Follow-up & Confirmation
Get Exact Quote

Next Steps You May Need

Strike-off is often part of a broader closure or restructuring plan:

Exit Clean. Move Forward Confidently.

Frequently Asked Questions

What happens when you strike off a company in Cyprus?

In Cyprus, the strike-off formally terminates a company under the purview of the Cyprus Registrar of Companies: 

1. The company ceases to exist legally

Once the strike-off is finally passed and entered as a record, the company ceases to be a legal entity. It cannot operate, hold property, make any contracts, or carry on any business activity.

2. Business activities must stop.

Prior to this application, the company must:

  • Cease all trading or operational activities.
  • Have no assets or liabilities.
  • Settle all taxes, fees, and social insurance obligations.

3. Voluntary against involuntary strike-off

  • Voluntary: The directors or shareholders of the company initiate the strike-off because the company is dormant or unnecessary any longer.
  • Involuntary: For non-submission of annual returns, financial statements, or fees, the company might be struck off by the Registrar.

4. It’s not the same as liquidation

Striking off is a cheaper and less complicated way of closing down dormant companies, but contrary to liquidation, it offers no protection from unresolved liabilities. Creditors, in fact, can apply to have the company restored in order to proceed legally.

5. Restoration possible

A company may be restored in the register within 20 years, usually by a court order, especially for a good cause such as unresolved debts or legal claims.

=> Full Information: Strike Off Company in Cyprus (Everything You Need to Know)

What does strike off mean in Companies House?

''Strike off'' refers to the formal process of removing a company from the official register maintained by Companies House, the registrar of companies in the UK. Once a company is struck off, it ceases to legally exist, and its name becomes available for reuse.

There are two main types of strike-off:

1. Voluntary Strike Off

This occurs when the company directors apply to dissolve the company, typically because it is no longer trading, has fulfilled its purpose, or is no longer needed. To be eligible for voluntary strike-off:

  • The company must not have traded or sold off any assets in the last three months.
  • It must not be involved in ongoing legal proceedings.
  • It must have settled all debts and closed its bank accounts.

An application is made using Form DS01, and if there are no objections, the company will be dissolved approximately 2–3 months later.

2. Compulsory Strike Off

This is initiated by Companies House when a company fails to meet statutory obligations, such as:

  • Not filing annual accounts or confirmation statements
  • No longer having a valid registered office address

A notice is published in The Gazette, giving time for the company to comply or object. If unresolved, the company will be forcibly removed from the register.

Implications of Strike-Off

  • All assets remaining at dissolution become bona vacantia (property of the Crown).
  • The company can no longer trade or operate legally.
  • It may be restored only through a formal court process

Learn more: Strike Off a Company in the UK - Guide to Dissolving