How to Strike Off & Dissolve a Company with SECP (Easy Exit Scheme)
A step-by-step legal closure guide for company owners, directors, and investors on dissolving dormant SECP Private Limited entities through the Easy Exit Scheme (EES) under Section 426 of the Companies Act 2017.
- •Fast Administrative Strike-Off: 60 to 90 day administrative closure without court intervention.
- •Zero Liability Requirement: Company must have no unpaid taxes, debts, or pending lawsuits.
- •Form EES-1 Filing: Submitted on SECP eServices alongside director Indemnity Bonds.
- •FBR Tax Clearance (NOC): FBR tax deregistration and bank account closure mandatory.
Table of Contents
- 1. What Is the SECP Easy Exit Scheme (EES)?
- 2. Eligibility Criteria for SECP Company Strike-Off
- 3. Document Dossier (Form EES-1, Indemnity Bonds, Auditor Certificate)
- 4. FBR Tax Deregistration & Corporate Bank Account Closure
- 5. Gazette Notification & Final Certificate of Dissolution
- 6. Frequently Asked Questions
1. What Is the SECP Easy Exit Scheme (EES)?
Under Section 426 of the Companies Act 2017, the Securities and Exchange Commission of Pakistan created the Easy Exit Scheme (EES) to allow dormant or inoperative Private Limited entities to voluntarily apply for striking off their company name from the Register of Companies.
2. Eligibility Criteria for SECP Company Strike-Off
To apply under the Easy Exit Scheme, a company must satisfy three core conditions: (1) No commercial assets or liabilities, (2) No pending litigation or SECP show-cause notices, and (3) Unanimous shareholder consent.
SECP COMPANY DISSOLUTION SERVICES
Dissolve Your SECP Company Legally with ADVAQ
ADVAQ drafts board dissolution resolutions, prepares Form EES-1, obtains auditor zero-liability certificates, handles FBR NOCs, and secures official SECP strike-off gazette notices.
3. Document Dossier (Form EES-1, Indemnity Bonds, Auditor Certificate)
- Form EES-1 application signed by directors.
- Unanimous Board & Shareholder Resolutions for dissolution.
- Chartered Accountant Certificate verifying zero assets and zero liabilities.
- Indemnity Bonds on Judicial Stamp Paper signed by directors.
4. FBR Tax Deregistration & Corporate Bank Account Closure
Prior to strike-off, close corporate bank accounts and submit an FBR Iris deregistration application to obtain an official FBR Tax Clearance Certificate (NOC).
5. Gazette Notification & Final Certificate of Dissolution
SECP publishes a public notice of intention to strike off the company in the Official Gazette. Upon expiration of the 30-day notice period, SECP issues the final Certificate of Dissolution.
Frequently Asked Questions
SECP COMPANY STRIKE-OFF SOLUTIONS
Strike Off Your Company Legally with SECP
Easy Exit Scheme Form EES-1 filing, zero-liability auditor certificates, FBR NOC, and Official Gazette strike-off notices.