An LLP may apply to ACRA to strike its name off the register pursuant to Section 38 of the LLP Act. ACRA may approve the application if there is reasonable cause to believe that the LLP is not carrying on business and the LLP is able to satisfy the criteria for striking off.
Guidelines on Application for Striking Off
An LLP can write to ACRA to apply for withdrawal of its application for striking off. The reason(s) for withdrawal should be clearly stated in the letter. The fee for withdrawing the application is S$30.
BizFile transactions to be filed:
- Application for Striking Off
The LLP partners (local resident), professional firm or service bureau can submit the application. The application fee is S$35.
- Lodgment of an Objection Against Striking Off
Any interested person can submit an objection against a striking off application upon payment of a fee of S$10.
If ACRA receives any objection, after approval of the application has been granted but before the LLP has been struck off the Register, it will inform the LLP of the objection. The LLP is given 2 months to resolve the matter. If the LLP is unable to resolve the matter after 2 months, the striking off process will be terminated. The LLP will have to submit a new application again if it still wishes to be struck off.
- Clearance of an Objection To Striking Off
The person who objects to the striking off application must login to Bizfile to clear the objection before ACRA can proceed to process the striking off application. There is no fee required for this transaction.
- Notification of Intention to lodge an Objection to a Future Striking Off
Any interested person (“applicant”) who suspects that an LLP (i.e. debtor) intends to apply to be struck off the Register may lodge a Notice of Intention upon payment of a fee of S$10.
An email will be sent to the applicant in the event that the LLP applies to be struck off and the application has been approved. The applicant can then submit an online objection via BizFile under the application “Lodgment of an Objection Against striking off”.
The LLP is given 2 months to resolve the matter. If the LLP is unable to resolve the matter after 2 months, the striking off process will be terminated. The LLP will have to submit a new application again if it still wishes to be struck off.