2 ways to close a company which are by applying for striking off or Winding Up.
Companies with no assets and liabilities can submit the management account to SSM. However, do take note that SSM reserve the right to request for the audited account to be prepared if needed.
Approximately 6 to 12 months.
The differences in terms of:-
a) current status of the company (solvent or dormant),
b) cost,
c) complexity and
d) time frame.
The application to close a tax files advisable to be done upon received a last notice of closure of the company from SSM by attached CP7, form section 550 (from SSM), form C and form E.
