COMPANY CLOSURE

Considering closing your company? If your company  has stopped to carry on business or it has never carried on business, you can apply for a Voluntary Strike-off to remove your company form the Register of companies held by the Companies Registration Office (CRO). Here are steps you will need to take:

STEP 1

File outstanding returns to CRO and Revenue

STEP 2

De-register Company for Taxes with Revenue

STEP 3

Obtain Letter of No Objection from Revenue

STEP 4

Place a Legal notice in a daily newspaper

STEP 5

Submit Form H15 Strike-off Request to CRO

STEP 1: File outstanding Tax & CRO returns

CRO require that the company deliver all annual returns that are outstanding in respect of the company as at the date of strike-off application.

All outstanding B1 returns must be submitted to the CRO along with the Financial Statements for the company.

STEP 2: De-register Company for Tax

Revenue require that all outstanding returns for the company are delivered before the company can be de-registered for tax: corporation tax CT1 return, VAT3 and RTD returns and payroll tax returns.

All tax due must be paid to Revenue as well before Revenue agree to the company strike-off.

STEP 3: Letter of No Objection from Revenue

The CRO must receive from the Revenue Commissioners written confirmation dated not more than 3 months before the date of the receipt of the application that the Revenue Commissioners do not object to the company being struck off the register.
 
This should be requested in writing from: Office of the Revenue Commissioners, National Companies Unit, PO Box 1, Wexford.
 
Before  Revenue can issue the letter of no objection the following requirements must be met by the company:

 1. All outstanding tax returns must be submitted, including VAT3, CT1
 2. The company must be de-registered for taxes with Revenue
 3. The company director(s) must confirm that the company has no assets or liabilities that exceed €150. A company cannot simply net off the two (assets and liabilities) in a balance sheet exercise. Only where a company liabilities have been discharged in full and/or written off by its creditors, can a company confirm to the CRO that it has no liabilities. 

STEP 4: Legal notice in a newspaper

An advertisement, in the prescribed format, must be placed in one daily newspaper published and circulated nationwide in the Republic of Ireland. The cost ranges from 99+VAT up to several hundred euro.

This advertisement should appear in a newspaper published not more than 30 days prior to the delivery to the CRO of the application for voluntary strike off.

The entire newspaper page (original) on which the highlighted advertisement appears should be submitted to the CRO with Form H15, as it is essential that both the name of the newspaper and the date of publication are displayed with the advertisement. (Photocopies will not be accepted).

Newspapers which can be used for the advertisement of the strike-off request - Irish Independent, Irish Daily Mail, Irish Daily Star, Irish Daily Mirror, Irish Times, Irish Examiner, The Herald, The Sun (Irish edition).

STEP 5: Form H15 submission to CRO

Form H15 is the formal request for strike-off sent to the CRO with a filling fee €15.

Form H15 must be signed by each director certifying that as at the date of the application -  

  • the amount of any assets of the company does not exceed €150; 
  • the amount of any liabilities of the company does not exceed €150;
  • the company is not a party to ongoing or pending litigation.

Before filing Form B15, the company must deliver to the CRO all annual returns that are outstanding in respect of the company as at the date of the application.

The letter of no objection from the Revenue Commissioners and the newspaper ad are required to be attached to Form H15.

The entire newspaper page (original) on which the highlighted advertisement appears should be submitted to the CRO with Form H15, as it is essential that both the name of the newspaper and the date of publication are displayed with the advertisement. (Photocopies will not be accepted).

Newspapers which can be used for the advertisement of the strike-off request - Irish Independent, Irish Daily Mail, Irish Daily Star, Irish Daily Mirror, Irish Times, Irish Examiner, The Herald, The Sun (Irish edition).

Do you need help with closing your company?

Provide CRO number to get a Quote:

COMPANY
CLOSURE
PACKAGE

€100

  • Company De-registration for Taxes with Revenue
  • Letter of No-Objection from Revenue
  • Submission of Form H15 to CRO
  • CRO fixed fee €15

Prefer to make your Company Dormant?

DORMANT COMPANY PACKAGES FROM €185/YEAR

DORMANT COMPANY OFFER

Proxima Tax Services Ltd

Unit 3G North Point House
North Point Business Park
Mallow Road, Cork
Ireland

info@proxima.ie

021 237 30 87

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Company Registration No: 613314
Revenue Tax Agent No: 76472U
CRO Electronic Filing Agent No: 613314C

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