How to Close a Limited Company


Closing a Limited Company - Voluntary Strike Off in Ireland

How to Close Your Limited Company if a company has ceased trading or has never traded. You may avail of  a Voluntarily Strike Off process to have your company struck off from the register of companies.

 DIY document are used by many companies each year, seeking to Close a Limited Company.

Closing a Limited Company & Your Company Status

In order to apply to close a limited company and benefit from the Voluntary Strike Off process;

(a) Company debts should have been fully paid/ compromised or else written confirmation of write-off secured by the company from any creditor.

(b) Any assets and liabilities must not exceed €150.

(c) All corporate tax returns will need to be filed up to date and all tax liabilities will similarly have to be discharged.

(d) The company should not have issued capital in excess of €150 now or at any time in the past 3 years.

(e) All annual returns and revenue filing requirements must be up to date at the time of application or be in the process of being finalised in advance of making application.

Note, that Closing a Limited Company i.e. the Voluntary Strike Off process is a lengthy one and can take anything up to six months.