License / Permit / Service Description
- Professional Company Striking Off application and corporate compliance services for companies in Malaysia. We assist with preliminary eligibility review, review of the company’s operational status, coordination of directors’ consent, preparation of the required supporting documents, strike off application, statutory submission coordination with the appointed licensed Company Secretary, and follow-up with the Companies Commission of Malaysia (SSM). Our service is suitable for dormant companies, companies that have ceased operations, inactive companies, companies with no assets and liabilities, and companies that no longer intend to continue business.
Related Departments / Regulatory Bodies
- Companies Commission of Malaysia (SSM) / Suruhanjaya Syarikat Malaysia
- Appointed Licensed Company Secretary
- Inland Revenue Board of Malaysia (LHDN), where applicable
- Employees Provident Fund (KWSP), where applicable
- Social Security Organisation (PERKESO), where applicable
- Bank, financial institution, licensing authority, or other relevant government agency, where applicable
License Name ( Bahasa Malayu )
- Permohonan Pembatalan Nama Syarikat
Application Scenarios & Business Necessity
- Company has ceased business operations and does not intend to continue trading
- Dormant company has no future business plans
- Company has not commenced business since incorporation
- Company has no assets, liabilities, outstanding charges, or ongoing business activities
- Company wishes to close its corporate entity after completing all outstanding obligations
- Company has no employees, contracts, stock, premises, or operational commitments
- Business owners wish to reduce recurring statutory compliance and Company Secretary costs for an inactive company
- Company has completed its project, investment, or business purpose
- Corporate group wishes to simplify its company structure
- Company has resolved all required matters with shareholders, directors, creditors, and relevant authorities
Important Rules & Compliance Standards
- The company must generally have ceased business operations or not commenced business.
- The company should not have outstanding assets, liabilities, charges, debts, or unresolved financial obligations.
- The company should not be involved in ongoing legal proceedings, disputes, insolvency matters, or enforcement actions.
- Directors must provide the required consent and information for the application.
- The company must ensure that its statutory records and information provided to SSM are accurate and complete.
- Outstanding Annual Return, Financial Statements, tax matters, employee contributions, bank accounts, licenses, and other obligations may need to be resolved before or during the application process.
- SSM may request further clarification, documents, or confirmation from directors or relevant government agencies.
- Approval is subject to SSM’s assessment and is not guaranteed.
- Company striking off is different from voluntary winding up and may not be suitable for companies with outstanding debts or assets.
- Former directors and officers may remain responsible for matters arising before the company is struck off, subject to applicable law.
Compound & Legal Penalties
- Rejection or delay of the strike off application
- Requirement to resolve outstanding documents, debts, tax matters, or statutory obligations
- Compliance notices, late lodgement fees, compound, or penalties where applicable
- Legal action for false, incomplete, or misleading information submitted to SSM
- Objection by creditors, shareholders, government agencies, or other interested parties
- Restoration of the company to the register if grounds arise under applicable law
- Legal proceedings against directors or officers for unresolved liabilities or misconduct
Frequently Asked Question
Company Striking Off is the process of removing a company’s name from the SSM register when the company has ceased operations and meets the relevant requirements.
No. Striking off is generally for inactive companies with no assets or liabilities, while winding up may be required for companies with debts, assets, or more complex closure matters.
Generally, a company should resolve its debts and liabilities before applying. A company with unresolved debts may not be suitable for striking off.
Yes. A dormant company may be suitable if it meets the relevant SSM requirements and has no outstanding obligations.
Yes, a company that has not commenced business may be eligible, subject to SSM’s review and applicable requirements.
Directors’ consent and confirmation are generally required as part of the application process.
The company should review and settle its bank account, funds, commitments, and any related obligations before proceeding.
Any applicable tax, employee contribution, and statutory obligations should be reviewed and resolved before or during the strike off process.
The timeline depends on the company’s status, document completeness, any objection received, SSM’s review, and whether additional clarification is required.
Yes. Conzlab can assist with eligibility review, document coordination, application preparation, submission coordination with the appointed licensed Company Secretary, and follow-up with SSM.
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.
