Closing an Ireland Company – Voluntary Strike-Off
An Irish Company can be Struck-Off, if it has no creditors and if the assets and liabilities are less than €150.
Voluntary Strike-Off is the easiest and fastest way to have your company dissolved.
Voluntary Strike-Off | |
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Ireland Company Dissolution | £720 |
Company Search | £60 |
Due Diligence – per Director & Shareholder | £100 |
Newspaper Announcement | £280 |
We will carry out all necessary steps on your behalf to ensure your company is closed correctly in the fastest possible timeframe in accordance with the Irish Companies Act 2014.
Voluntary Strike-Off
Under the Companies Act 2014 a company may apply to the Registrar to be struck off the register.
The required steps to have the company voluntary struck-off are:
- Annual Returns are up to date
- The Report and Accounts are up to date
- The company has advertised its intention to apply to be struck off the register which was published in at least 1 daily newspaper circulating in the State
- The Registrar has received a letter of no objection confirming the Revenue Commissioners do not object to the company being struck off the register
- The company has by special resolution resolved to apply to the Registrar to be struck off the register on the ground that it has never carried on business or has ceased to carry on business; and resolved that pending the determination of its application to be struck off, the company will not carry on any business or incur any liabilities
- The company has delivered to the Registrar a certificate signed by each director certifying that the amount of any assets of the company does not exceed €150, the amount of any liabilities of the company does not exceed €150, and the company is not a party to ongoing or pending litigation
- We send a statement of the dissolution to the Irish Revenue Commissioners
Benefits of Dissolving your Irish Company
If a company has ceased trading or has never traded and is not going to do so, it should be removed from the Register of Companies.
Having your Ireland company voluntarily dissolved rather than struck off by Companies House Registrar has many advantages:
- Maintains the company’s directors and shareholders reputation for future business ventures
- Your Irish company, whether trading or not, has to file an Annual Return with the Registrar of Companies with accounts
- Directors of a company that do not file the Returns with the Companies Office on time, leave themselves open to a potential fine by the Companies Office €2000 plus late filing fees which are enforced and are costly and unnecessary
- It avoids formal investigation into the conduct of the directors as required in liquidation or receivership
If you have decided to wind up your company, the process takes up to 6 weeks.
To start the process and to enable us to give a precise quote we require copies of the company documents, please upload: Company Documents
We will then inspect the file at the Companies Registration Office and the Irish Revenue Commissioners.