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Accounting and Corporate Regulatory Authority

Striking off a variable capital company (VCC)

Learn how to strike off a VCC from ACRA's register if it is inactive or debt-free.

Last updated 29 January 2026

What is striking off

You may apply to close a VCC by striking it off ACRA's register. Striking off removes your VCC's name from ACRA's register to permanently close it.

ACRA may approve the application if it believes that your VCC:

  • Is not carrying on business

  • Meets the striking off criteria

More details: VCC (Dissolution of Sub-funds and Striking Off of VCCs’ Names) Regulations 2020 (opens in new tab).

How to apply for striking off

  1. Open VCC eServices (opens in new tab) and log in to your account.

  2. Click eServices, then Close a VCC.

  3. Select Application to strike off a VCC.

  4. Submit your application.

Apply to strike off

How to strike off a VCC through VCC eServices

Note: The striking off process starts after your application is approved by ACRA. The process takes at least three months after ACRA approval, depending on whether anyone objects.