diff --git a/src/core/hle/kernel/process.cpp b/src/core/hle/kernel/process.cpp
index 4786805509..a66a4bc164 100644
--- a/src/core/hle/kernel/process.cpp
+++ b/src/core/hle/kernel/process.cpp
@@ -40,6 +40,7 @@ SharedPtr<Process> Process::Create(SharedPtr<CodeSet> code_set) {
     process->codeset = std::move(code_set);
     process->flags.raw = 0;
     process->flags.memory_region.Assign(MemoryRegion::APPLICATION);
+    process->status = ProcessStatus::Created;
 
     process_list.push_back(process);
     return process;
@@ -151,6 +152,8 @@ void Process::Run(s32 main_thread_priority, u32 stack_size) {
         HandleSpecialMapping(vm_manager, mapping);
     }
 
+    status = ProcessStatus::Running;
+
     vm_manager.LogLayout(Log::Level::Debug);
     Kernel::SetupMainThread(codeset->entrypoint, main_thread_priority, this);
 }
diff --git a/src/core/hle/kernel/process.h b/src/core/hle/kernel/process.h
index 461391fd37..a21b8e704c 100644
--- a/src/core/hle/kernel/process.h
+++ b/src/core/hle/kernel/process.h
@@ -49,6 +49,8 @@ union ProcessFlags {
     BitField<12, 1, u16> loaded_high; ///< Application loaded high (not at 0x00100000).
 };
 
+enum class ProcessStatus { Created, Running, Exited };
+
 class ResourceLimit;
 struct MemoryRegionInfo;
 
@@ -122,6 +124,8 @@ public:
     u16 kernel_version = 0;
     /// The default CPU for this process, threads are scheduled on this cpu by default.
     u8 ideal_processor = 0;
+    /// Current status of the process
+    ProcessStatus status;
 
     /// The id of this process
     u32 process_id = next_process_id++;
diff --git a/src/core/hle/kernel/svc.cpp b/src/core/hle/kernel/svc.cpp
index 06c9052848..cb5dbad5d3 100644
--- a/src/core/hle/kernel/svc.cpp
+++ b/src/core/hle/kernel/svc.cpp
@@ -143,6 +143,36 @@ static ResultCode ControlMemory(u32* out_addr, u32 operation, u32 addr0, u32 add
     return RESULT_SUCCESS;
 }
 
+static void ExitProcess() {
+    LOG_INFO(Kernel_SVC, "Process %u exiting", g_current_process->process_id);
+
+    ASSERT_MSG(g_current_process->status == ProcessStatus::Running, "Process has already exited");
+
+    g_current_process->status = ProcessStatus::Exited;
+
+    // Stop all the process threads that are currently waiting for objects.
+    auto& thread_list = GetThreadList();
+    for (auto& thread : thread_list) {
+        if (thread->owner_process != g_current_process)
+            continue;
+
+        if (thread == GetCurrentThread())
+            continue;
+
+        // TODO(Subv): When are the other running/ready threads terminated?
+        ASSERT_MSG(thread->status == THREADSTATUS_WAIT_SYNCH_ANY ||
+                       thread->status == THREADSTATUS_WAIT_SYNCH_ALL,
+                   "Exiting processes with non-waiting threads is currently unimplemented");
+
+        thread->Stop();
+    }
+
+    // Kill the current thread
+    GetCurrentThread()->Stop();
+
+    Core::System::GetInstance().PrepareReschedule();
+}
+
 /// Maps a memory block to specified address
 static ResultCode MapMemoryBlock(Handle handle, u32 addr, u32 permissions, u32 other_permissions) {
     LOG_TRACE(Kernel_SVC,
@@ -1232,7 +1262,7 @@ static const FunctionDef SVC_Table[] = {
     {0x00, nullptr, "Unknown"},
     {0x01, HLE::Wrap<ControlMemory>, "ControlMemory"},
     {0x02, HLE::Wrap<QueryMemory>, "QueryMemory"},
-    {0x03, nullptr, "ExitProcess"},
+    {0x03, ExitProcess, "ExitProcess"},
     {0x04, nullptr, "GetProcessAffinityMask"},
     {0x05, nullptr, "SetProcessAffinityMask"},
     {0x06, nullptr, "GetProcessIdealProcessor"},
@@ -1373,6 +1403,9 @@ void CallSVC(u32 immediate) {
     // Lock the global kernel mutex when we enter the kernel HLE.
     std::lock_guard<std::recursive_mutex> lock(HLE::g_hle_lock);
 
+    ASSERT_MSG(g_current_process->status == ProcessStatus::Running,
+               "Running threads from exiting processes is unimplemented");
+
     const FunctionDef* info = GetSVCInfo(immediate);
     if (info) {
         if (info->func) {