As a company owner, you may find that your company is no longer viable or that you wish to close your business for various reasons. At Dynamic Corporate, we provide reliable Company Striking Off and Winding Up services that can help you close your business smoothly and legally. Our experienced team can guide you through the process of striking off or winding up your company, and ensure that all legal requirements are met in a timely and efficient manner.
triking off a company involves removing a company’s name from the Companies Commission of Malaysia (SSM) register. We can assist you in striking off your company if it meets the following criteria:
1. Has not commenced business since incorporation or has ceased trading for at least three months prior to the application.
2. Has no outstanding liabilities, including taxes, penalties, or other debts.
3. Has no legal proceedings or orders against it
Winding Up Company Winding up a company is a more complex process that involves liquidating the company’s assets and distributing them to its creditors and shareholders. There are two types of winding up: voluntary and compulsory. Our experienced team can help you determine the best course of action for winding up your company and guide you through the entire process, which includes:
Conducting a company meeting to obtain approval for winding up.
Appointing a liquidator to oversee the winding-up process.
Preparing and submitting the necessary documentation to SSM and other relevant authorities.
Liquidating the company's assets and distributing them to its creditors and shareholders.