Voluntary Strike Off

What is Voluntary Strike Off?

Voluntary strike off is the formal process of closing an Irish company by applying to the Registrar of Companies to have it struck off the register. Once struck off, the company is dissolved and ceases to exist as a legal entity.

Requirements

Before a company can be struck off, the following conditions must be met:

• The company must not have traded or carried on business in the previous 3 months
• The company must have no assets or liabilities
• All Annual Returns must be filed up to date
• Tax clearance must be obtained from Revenue (Form H15 letter of no objection)
• All employees must have been properly terminated

The Process

• Review of the company's status and outstanding obligations
• Application to Revenue for a letter of no objection
• Preparation and filing of Form H15 with the CRO
• Publication of the notice (the company remains on the register for 90 days)
• After 90 days with no objection, the company is struck off and dissolved

Important Notes

Directors remain personally liable for any debts or obligations incurred before dissolution. Any remaining assets of the company vest in the State upon dissolution. The entire process typically takes 4-6 months from application to dissolution.