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Limited company business
owners, whose company is defunct and solvent, want to cease
thier business must prepare to deregister it. You can't leave
the company open and hope a dormant company being deregistered.
Non-filing of returns to the Companies Registry may be penalised.
The deregistration process normally takes about 9 months to
Any person who knowingly and recklessly gives information
to the Companies Registrar that is false or misleading in
a material particular is liable to a fine and to imprisonment.
As the deregistration process is more technical and affecting
company's property. A company should seek advice from its
lawyer or certified public accountant on the disposal of its
property before making an application.
Who Can Apply
- the company; or
- a director or member of the company.
- all the members of the company agree to the deregistration;
the company has never commenced business or operation, or
has ceased to carry on business or ceased operation for
more than 3 months immediately before the application;
the company has no outstanding liabilities; and
it has obtained a written notice of no objection from the
Commissioner of Inland Revenue.
Our aim is to always provide a comprehensive service to our
clients and we tailor our services to their individual requirements.
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