Company & LLP Closure
Strike Off Company & LLP Services in Malaysia
Expert assistance in striking off or winding up your company & LLP in Malaysia. We make the process clear, compliant, and stress-free.
There are many reasons why business owners choose to close their companies—financial challenges, business restructuring, completed objectives, or simply a shift in focus. Regardless of the reason, it’s important to follow a proper legal process to avoid future liabilities or compliance issues.
1. Strike-Off
2. Members’ Voluntary Liquidation (MVL)
3. Striking Off an LLP (Limited Liability Partnership)
To apply for a strike-off, your company or LLP must:
We begin by reviewing your company’s current status to determine if it qualifies for the strike-off process. This includes checking for business activity, outstanding liabilities, and shareholder agreement.
Our team will prepare and compile all required documents for the strike-off application. We’ll also assist with license cancellations, bank account closures, and final statutory filings to ensure your company is ready for dissolution.
We will submit the strike-off application to the Companies Commission of Malaysia (SSM) and monitor the process on your behalf. Once approved, we’ll notify you and provide guidance on record-keeping and compliance post-dissolution.
Let our teams cover all requirements for closing your company or LLP with finality
Explore this section for quick solutions and helpful insights!
The process typically takes around 6 months, depending on the completeness of documentation and SSM’s approval.
If rejected, you may need to proceed with a Members’ Voluntary Liquidation instead.
Yes, LLPs can be struck off if they meet the required conditions of inactivity and debt-free status.
Once legally dissolved, the company ceases to exist. However, you must retain records for 7 years, and the company can be reinstated by court within that period.
Costs vary depending on whether you choose strike-off or liquidation. We provide upfront pricing based on your company’s situation.
No, for a strike-off, the company must be completely inactive and free of assets/liabilities. If it has assets or debts, MVL is required.
No, a strike-off application must be approved by the shareholders through a formal resolution.
Strike-off is simpler and less costly, applicable to dormant, debt-free companies. MVL is a formal liquidation process used when the company has assets or liabilities.