Audit or strike off?

Quick answer

If you don't plan to use the company again, a voluntary strike-off often costs less than two years of audited accounts. If you need the company, for a future business, a name you want to keep or assets it holds, auditing it and getting back to exemption is usually the right choice.

Keep it and audit it if

  • you plan to use the company again
  • it holds something of value, such as a name, a lease, or shares in another company
  • closing it would cause problems with contracts, banks or licences

Close it if

  • you have no plans for it
  • its assets and liabilities are each €150 or less
  • it has no court case current or pending

The costs, roughly

OptionOur fee + VAT
Two years of dormant audits, accounts and annual returns€1,599.99
Voluntary strike-off with tax deregistration€299.99, at CloseACompany.ie

A strike-off still needs the annual returns up to date first, which may mean filing the overdue one. CRO fees and late filing penalties are extra in both cases.

Not sure?

Ask us. We'll look at the company's filing history and tell you which route costs less.

Last checked 13 November 2026 against CRO and Revenue guidance. This is general information, not legal advice for your company.