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Company Closure – Wind Up Or Strike Off?

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. We’re talking about Sendirian Berhad (Sdn Bhd) entities here. You should probably ignore the rest. Your company could be dormant due to insolvency (lack of financial resources to pay debts or provide a sustainable business) or maybe your partners couldn’t agree and decide to go their own ways. Either way, there’s still one more entity to face: The Law. Your visit to your favourite legal consultant could’ve already paved a string of information for you – But it’s often never really enough. Well, if you’re reading this, you’re definitely at the right place already. The big question follows: Should I strik...[Read More]

Company Closure – Wind Up Or Strike Off?

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. We’re talking about Sendirian Berhad (Sdn Bhd) entities here. You should probably ignore the rest. Your company could be dormant due to insolvency (lack of financial resources to pay debts or provide a sustainable business) or maybe your partners couldn’t agree and decide to go their own ways. Either way, there’s still one more entity to face: The Law. Your visit to your favourite legal consultant could’ve already paved a string of information for you – But it’s often never really enough. Well, if you’re reading this, you’re definitely at the right place already. The big question follows: Should I strik...[Read More]