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No Comments Closing a company is not as easy as you think it is: It actually requires more time and effort to de-register a company than to register one. You should probably ignore the rest.
The big question follows: Should I strike off or wind up my company? Wait — How are they different anyway? In terms of company legal laws in Malaysia, they are quite different. Let KLM give you some information so that you make an informed decision.
Also, keep in mind that for dormant companies: All the standard duties every private limited company has to perform annually.
So even if you forgot all about your dormant company, keep in mind that SSM will not. Striking off a company In many ways, striking off a company is a much faster way as compared to winding up one.
Here are some of the requirements to strike off a company: Does not own any unsatisfied charges. No outstanding tax balances. Not a holding company or a subsidiary of another holdings company. Not a Guarantor Corporation. No assets or liabilities during strike off.
Not involved in any legal issues pertaining the company inside and outside of Malaysia. Information is tip-top and up-to-date. Of course, after thinking about all of these, striking off a company may not look like a viable choice. Imagine if your business operations were once big: And sometimes when you face insolvency, there could be a problem striking off your company.
Because requirements are often not met and companies cannot be struck off. The cons in striking off a company is that there are vast amounts of perfection needed just to apply for a strike off.
Striking off works best for small companies.SSM Online Renew, company name search online, check name similarity & availability, application of name at Suruhanjaya Syarikat Malaysia (SSM). Petaling Jaya Kuala Lumpur SSM Business Certificate Renewal - Suruhanjaya Syarikat Malaysia (SSM).
Pengarah Negeri (SSM55) Suruhanjaya Syarikat Malaysia, Sabah (SSM) Level 4, Menara MAA No.6, Lorong Api-Api 1, Beg Berkunci No.
KOTA KINABALU. 5, Followers, Following, Posts - See Instagram photos and videos from SURUHANJAYA SYARIKAT MALAYSIA (@ssmofficialpage). You must click [Submit to BLESS] to go back to Agency to automatically update your Application.
Aug 13, · The Companies Commission of Malaysia also known as Suruhanjaya Syarikat Malaysia, SSM, among the locals is simply a statutory body which was initiated under The Act of Parliament to regulate all sort of corporate and business affairs in Malaysia.5/5(5).
Asia Plantation Capital’s certification from the Suruhanjaya Syarikat Malaysia (SSM). Asia Plantation Capital Berhad is proud to be the first company in Malaysia (and indeed the Asian market) to receive regulatory approval for its agarwood plantation investment programme.