License / Permit / Service Description
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Professional Dormant Company compliance and Company Secretarial support services for companies in Malaysia. We assist with the review of the company’s operational status, statutory compliance requirements, company records, Annual Return coordination, updates to company particulars, and submission arrangement through the appointed licensed Company Secretary. Our service is suitable for Sdn. Bhd., Berhad, holding companies, project-based companies, inactive companies, companies waiting to restart operations, and companies that wish to retain their corporate structure for future use.
Related Departments / Regulatory Bodies
- Companies Commission of Malaysia (SSM) / Suruhanjaya Syarikat Malaysia
- Appointed Licensed Company Secretary
- Malaysian Business Reporting System (MBRS), where applicable
- SSM Corporate Registry System (CRS) / MyCoID, where applicable
- Inland Revenue Board of Malaysia (LHDN), where applicable
- Auditor or Accounting Firm, where applicable
- Bank, KWSP, PERKESO, licensing authority, or other relevant agency, where applicable
License Name ( Bahasa Malayu )
- Perkhidmatan Syarikat Tidak Aktif
Application Scenarios & Business Necessity
- Company has temporarily ceased business operations
- Company has not commenced business after incorporation
- Company is waiting for new projects, investors, funding, or business opportunities
- Company has completed a project but may be used again in the future
- Owner wishes to retain the company name, corporate history, or existing structure
- Company has no current sales, income, employees, or operational activities
- Company needs to maintain Annual Return and statutory compliance while inactive
- Company is considering strike off but has not made a final decision
- Company requires a review of its outstanding statutory records and compliance status
- Company plans to reactivate business operations in the future
Important Rules & Compliance Standards
- A dormant company remains legally incorporated and registered with SSM.
- Dormant status does not automatically close, dissolve, or strike off the company.
- The company must continue to maintain an appointed licensed Company Secretary.
- Annual Return must still be lodged according to the applicable SSM requirements.
- Financial Statements, audit, tax, and other compliance obligations should be reviewed based on the company’s circumstances and applicable requirements.
- Company particulars, including directors, shareholders, company secretary, and registered address, must remain accurate and updated.
- The company should not carry out new business activities or transactions without reviewing its compliance status.
- Dormant company status may be affected by transactions, bank activities, assets, liabilities, employment matters, or other operational activities.
- Dormant Company compliance is separate from Company Striking Off, tax deregistration, licence termination, and bank account closure.
- The company remains responsible for any obligations, liabilities, or issues arising before and during its dormant period.
Compound & Legal Penalties
- Late lodgement fees, compound, or penalty for overdue Annual Return or statutory documents
- Compliance notice or enforcement action by SSM
- Inaccurate or outdated company information in SSM records
- Possible offence under the Companies Act 2016 for failure to meet statutory obligations
- Difficulty in reactivating the company, opening bank facilities, obtaining licences, tender participation, or due diligence clearance
- Additional compliance costs to rectify overdue records and submissions
- Potential strike-off action or legal consequences in cases of serious or prolonged non-compliance
Frequently Asked Question
A Dormant Company is a company that remains registered with SSM but does not carry on business or operational activities for a period of time.
No. A dormant company is still legally active and registered. It has not been closed, dissolved, or struck off.
Yes. A dormant company generally still needs to comply with Annual Return and other applicable statutory requirements.
Yes. A dormant company may resume business activities, subject to its compliance status and any relevant licensing or regulatory requirements.
Yes. The company must continue to have an appointed licensed Company Secretary.
Possibly, but the company’s overall activities, transactions, assets, liabilities, and compliance status should be reviewed before confirming its position.
The company should review its bank account activity and related obligations. Bank transactions, charges, or balances may affect the company’s dormant status and compliance position.
No. Tax, audit, and financial reporting obligations depend on the company’s circumstances and applicable requirements. A review with the relevant professional is recommended.
Dormant status is suitable if you may use the company again in the future. Striking off may be considered if the company has permanently ceased operations and meets the relevant requirements.
Yes. Conzlab can assist with status review, statutory document coordination, Annual Return support, company record updates, and follow-up with the appointed licensed Company Secretary.
Jeffrey Eh Hao Yih , Director
Jeffrey has been providing expert guidance for businesses dealing with ongoing challenges. With his expertise, he aids clients in strategic business planning, streamlining operations, and enhancing productivity. Additionally, Jeffrey offers diverse business technology services to help digitize traditional businesses effectively.
