Voluntary Striking off of company
Filing an application for strike off
A company that has ceased to carry out business or has never carried out business, may submit an application for its strike off from the companies’ register.
Before you proceed to submitting an application for strike off and considering that the process of strike off can be halted by an objection submitted by a third party, you are advised to ensure that you have complied with the following:
- your obligations towards the Tax Department;
- your obligations towards the Social Insurance Services;
- your obligations towards the creditors of the company;
- an injunction has not been issued against your company; and
- your company is compliant with all its statutory filing obligations with the Registrar of Companies (i.e submission of annual return).
Depending on how you submit the form the fees can be paid:
- by credit card (for efiling submission);
- in cash, by cheque, via an account maintained with the Department of the Registrar of Companies, or via bank transfer (for submission by hand/ post).
The new form HE60 has been implemented as from December 6th, 2021, in replacement of the letter.
You are advised to refer to the Explanatory Notes, so as to acquire a better understanding of what is required and to facilitate the process further.
Provided that the Registrar of Companies is satisfied that all relevant legal requirements have been met he will proceed with registering the application and, make the relevant publication in the Official Gazette of the Republic of Cyprus that, following the expiration of three (3) months from the date of publication, the company will be struck off the Register.
In the event that a company wishes to withdraw its application for voluntary strike off, it may submit the form for withdrawal of application for voluntary strike-off (form HE61) to the Registrar of companies, before the expiration of the three (3) months period from the date of publication.
Following the expiration of the period of three (3) months from the date of publication and providing that no objection to the company’s strike off is filed, the company is struck off the companies register, the act is published in the Official Gazette of the Republic of Cyprus, and the status of the company on the register is updated.
In the event that the company requires the issue of a Certificate of Strike off it may request to obtain certified copies / certificates of the company.