Eligibility check
Confirming the company has ceased to operate and has no known assets or liabilities.
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If your company has stopped operating and has no known assets or liabilities, it can apply to SECP to be struck off without a court winding up. We check eligibility, clear overdue filings and the tax side, and file the easy exit application.
For a company that has stopped trading and has nothing left on its balance sheet, a full winding up is usually unnecessary. SECP's easy exit scheme lets the company apply directly to the registrar to have its name struck off the register.
According to SECP, a private or unlisted public company that has ceased to operate and has no known assets and liabilities can apply to the registrar to strike its name off, under section 426 of the Companies Act, 2017, instead of filing a winding-up petition in court. SECP runs an online process for these applications, and its easy exit rules now sit within the Companies Regulations, 2024.
Getting to that point usually takes some preparation. Bank accounts must be closed, assets distributed or disposed of, liabilities settled, and the company's filing record with SECP and its tax position with FBR put in order. If the company still has assets or creditors, a different closure route is needed. If you later need the company back, see company restoration.
A fixed fee for the strike-off, with any catch-up work quoted upfront.
Confirming the company has ceased to operate and has no known assets or liabilities.
A plan to settle liabilities and deal with any remaining assets.
Guidance on closing the company's bank accounts before applying.
Missing SECP returns and accounts brought up to date where required.
Final FBR returns filed and tax registrations closed.
The approvals and declarations the application needs.
The strike-off application filed with SECP and followed through.
Advice on keeping the company's records after strike-off.
These are the issues we fix most often before an easy exit application.
Easy exit requires no known assets, including cash in a bank account.
We clear the balance sheet first.Unpaid creditors, loans or tax liabilities make the company ineligible.
We settle or resolve them.A company still carrying on any business cannot use easy exit.
We confirm it has ceased.Gaps in SECP filings can hold up the application.
We bring filings up to date.An open tax registration keeps generating obligations after strike-off.
We close the tax side too.Easy exit is for private and unlisted public companies only.
We recommend another route.Directors can complete the process remotely.
We check whether the company qualifies for easy exit.
A fee for the strike-off, with any catch-up work listed.
Assets dealt with, liabilities settled and bank accounts closed.
Overdue filings made and final tax returns filed.
Easy exit application filed and followed through.
Companies incorporated for a plan that never went ahead.
Ventures that have stopped and settled their affairs.
Group companies no longer needed after a restructure.
Subsidiaries closed by overseas parents.
Companies whose business has been sold and wound down.
Old family companies no longer in use.
We make sure the company is genuinely ready for easy exit, and that FBR is closed too, so nothing follows you afterwards.
We confirm the company meets every easy exit condition.
ACCA and ICAP Chartered Accountant qualifications, plus an LLB-qualified advocate.
Final returns filed and FBR registrations closed.
Overdue SECP filings brought up to date first.
Directors abroad can close the company without travelling.
A fixed fee agreed upfront.
Have a question that is not here? Send it to us on WhatsApp and we will reply the same day.
Tell us when the company stopped operating and what is left in it. We will confirm whether easy exit fits and quote a fixed fee before any work begins.
Book your free consultationThis page is general information about our services, not tax, legal or financial advice for your specific situation. Laws, rates and deadlines change with each Finance Act and official notification.