How to Strike Off a Company in Malaysia: The Procedures Involved
5 minutesSeveral reasons could lead to shutting down or striking off a company such as the death of the owner or any major stakeholder in the company, dormancy, and inability of the company to bring in profit, among many others. There are specific rules that guide the process of shutting down a company in Malaysia and this piece is focused on them.
How to Close down your Company in Malaysia
4 minutesWondering how to strike off company in Malaysia? Sometimes you simply need to close down your business operations in a country and move on. It might become necessary for financial, legal, tax or competitive reasons, but it certainly happens. If you find your business in a situation where this becomes necessary, an important thing to keep in mind is that it cessation of business should be done correctly and legally.