What are the two ways to close an Sdn Bhd company in Malaysia?

The two key ways to close an Sdn Bhd company in Malaysia are a strike-off or winding up.

Can a Sdn Bhd company that chooses to close in Malaysia submit unaudited management accounts to SSM?

Companies with no assets and liabilities can submit the unaudited management accounts to the SSM. However, please note that SSM has the sole discretion to require audited accounts after the strike-off application.

What is the processing time to close a Sdn Bhd company in Malaysia through strike-off?

The process takes 6 to 12 months to complete the strike-off process.

What is the difference in cost between the two ways to close a Sdn Bhd company in Malaysia?

To strike off a company, it costs between RM2,500 and RM3,500, depending on the complexity of the company's status. For winding up a company it costs RM10,000 onwards.

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How to Close a Sdn Bhd Company in Malaysia

Due to poor business performance or inactivity, business owners may decide it's time to close their Sdn Bhd company. If you're wondering how to close a Sdn Bhd company in...

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