For whatever reason, if you decide to no longer continue to do business in Malaysia, you need to go through the formal process of closing down your company.
Our specialist will create paperwork necessary for legally dissolving your company and facilitating cancellation and withdrawal of existing licences.
We will file your company dissolution with the relevant authorities in Malaysia.
When a business/company deregistered with the Suruhanjaya Syarikat Malaysia (SSM), it implies the business entity is no longer registered and has no legal standing since it’s not doing any business nor have assets or liabilities. There are two ways of closing down the Sdn Bhd Company:
Where the company has not been carrying on business or is not in operation and has no intention to carry on business in the future. The following conditions apply:
The company…Contrary to striking off, liquidation or winding up is a process set in motion either voluntarily (or involuntarily due to not being able to meet its financial obligations). The basic form of company liquidation in Malaysia is:
Henry Ng, Managing Director