Company Voluntary Strike-Off

The Companies Registration Office (CRO) has announced changes to the limits for using the voluntary strike-off procedure. The limits used to be:

• The amount of assets in the company at the time of application must not exceed €150;
• The amount of liabilities must not exceed €150;
• The company does not have, and did not have in the previous three years, an issued share capital in excess of €150.

Since 26 October 2011, the share capital criteria has been withdrawn, with only the asset and liability limits remaining.  The new H15 form is now available to reflect this change.