1、 Singapore company deregistration process

After the application is approved, ACRA may issue a cancellation notice to the registered office address of the company and the address of its employees (such as directors, company secretaries, and shareholders).

2. Within 30 days after approving the deregistration application, if there are no objections, ACRA will publicly disclose the company's name in the Government Gazette. This is called a "communique announcement".

3. If there are no further objections after 60 days from the issuance of the "Gazette Announcement", ACRA will publish the company name again in the "Government Gazette" and remove the company name from the company register, indicating the date of termination of the company. This is the 'Final Communique Announcement'.

If ACRA receives any objections, ACRA will notify the company of their objections. The company will have 2 months to resolve this matter. If the company is unable to resolve this issue within 2 months, the cancellation application will become invalid. The company cannot submit a new application until the objection is resolved.

2、 Notes on deregistration of Singapore companies

1. It takes about 5 months from submitting the application to the end of the process, and a total of three letters from ACRA have been received. The last letter will confirm the formal closure of the company. Within these 5 months, the closure application can be revoked at any time.

After formal closure, the company's registration can be restored through legal procedures, with a maximum period of 15 years.

If the submitted documents are incomplete or the company still has assets and liabilities, the application will be returned. After correction, the application will be re reviewed.

However, within 5 years, if a director owns at least 3 companies that have been deregistered by ACRA, he/she will be disqualified from serving as a director or will not be able to participate in the management of any company for a period of 5 years from the date of the third company's deregistration.