Strike Off Company Services in Kuala Lumpur, Penang

Are you one of those who let things “die” if it doesn’t work out the way you anticipated? We can understand you because we all have experience to ignore certain things until it gets expired, be it food, furnitures, even relationships. Same thing can happen to companies as well, regardless it is a sole proprietorship, limited-liability-partnership (LLP), private limited (Sendirian Berhard), we might leave it until SSM strike it off automatically.
However, problems might occur if we leave it that way. Our account tax balance, audit, outstanding payments and bank accounts maybe audited by the government. If company dissolution is not done properly, meaning non-compliance to Section 308, Companies Act 1965, penalties may be imposed to company owners and directors.
There are two ways to properly wind up the company.

1. Striking off the company name in Suruhanjaya Syarikat Malaysia (SSM)
2. Voluntarily winding up Sdn, Bhd.

Striking off the company name may be the quickest solution. However, if the documents are not handled properly or active business activities were still going on for the past few months, you might get rejected from SSM. When that happens, you may opt for second option which is to voluntarily wind up Sdn. Bhd.
Second option is less attractive because it might involves multiple meetings with share holders, advertising in nationwide newspaper and longer process to execute. With more than 3 years of experience, we aim to save our clients’ from unnecessary spendings.
We know a story of a company didn’t wind up properly, the company was having outstanding debt to Tenaga Nasional Berhad (TNB). It ends up calling all the directors to present themselves in Insolvency Department for meetings. Things start to get messy if lose ends are not handled properly. Fast forward to today, the company has finally dissolute, but it took the directors and shareholders longer than any of them anticipated, and costing them time and money they could have avoided.
If you are looking for a firm to:

• Protect your interest legally
• Save cost and time by outsourcing
• Have a peace in mind that things are being handled properly

Feel free to contact us. Should you choose not to engage with us, we still strongly recommend you to find a reputable firm or lawyers to help you deal with company dissolution. We believe every business journey that started with good intentions, shall end peacefully when the stakeholders part themselves.