Voluntary deregistration requires a formal letter to be written that states that your company is no longer trading, has disposed of all assets and liquidated all liabilities, this letter must also contain your company income tax number. Our professional team assists in correctly preparing this letter to meet all these requirements, compile all necessary documentation and ensure that all relevant deadlines are met for a successful deregistration process. Once the documentation required has been lodged, the process will take up to 6 months to finalise.
For voluntary deregistration, it is essential to have up-to-date annual returns. All the business’s contractual obligations will have to be fulfilled or closed, and assets and liabilities will have to be liquidated.
To assure successful applications for our clients, we provide professional company secretarial services to champion process. Our professional team has extensive knowledge of handling company administrative matters and ensure everything is done correctly.
If you would like to have your deregistered company re-instated, it is possible under the following conditions:
- The company was still trading before the initial deregistration
- Immovable property is registered under the business name
- Re-instatement is in the creditors’ best interest