Strike Off Company
Closing a company properly is its own process.
A company that is no longer needed still has filings and liabilities. Striking it off correctly avoids penalties and complications later.
The company is dormant but still incurring obligations.
You are unsure whether it qualifies for strike-off.
You want it closed without leaving loose ends.
Strike-Off • SSM • ClosureStrike Off Company
Not every business needs to last forever. Maybe the company has served its purpose. Maybe operations stopped years ago. Maybe it was set up for a project that's long completed, and it's just sitting there — quietly racking up annual secretarial fees, audit costs, and SSM obligations.
If that sounds familiar, striking off the company is usually the simplest, cheapest way to close it down properly under Malaysian law.
At KKHO, we handle the full strike off process under Section 550 of the Companies Act 2016 — from eligibility check to final SSM gazette notice — so your dormant company gets closed cleanly, without lingering liabilities for the directors.
What Is "Striking Off" a Company?
A strike off is a formal application to the Companies Commission of Malaysia (SSM) to remove a company's name from the register. Once approved and gazetted, the company legally ceases to exist.
Strike off is not the same as liquidation:
- Strike off is the simpler, lower-cost route — suitable for dormant or inactive companies with no significant assets or liabilities.
- Liquidation (winding up) is the formal court or member-driven process for companies with assets, debts, or disputes that need to be properly settled.
For most small Sdn Bhds that have stopped trading, strike off is the right choice — provided the company qualifies.
Is Your Company Eligible for Strike Off?
Under Section 550 of the Companies Act 2016, a company can apply for strike off only if all of the following are true:
- The company is not carrying on business or has ceased operations
- The company has no assets and no liabilities at the time of application
- The company has no outstanding charges registered against it
- The company has no outstanding tax matters with LHDN
- The company is not involved in any legal proceedings (within or outside Malaysia)
- The company has no outstanding penalties or compounds with SSM
- All directors and shareholders consent to the strike off
If any of these conditions aren't met, strike off won't be approved — and the proper route is usually liquidation instead. We'll assess this for you before starting any work.
Who This Service Is For
Our strike off service is ideal for:
- Dormant Sdn Bhd companies with no current operations
- Project-specific or special-purpose companies that have served their purpose
- Holding companies or subsidiaries being phased out as part of a group restructure
- Old companies that are still incurring annual fees but no longer needed
- Foreign-owned entities exiting the Malaysian market with no remaining liabilities
If your company hasn't traded in over a year and you're tired of paying secretarial and audit fees just to keep it alive — strike off is probably the right move.
What's Included in Our Strike Off Service
A complete, compliant set of statements prepared to the same standards as our audit work.
Full set of financial statements
Statement of financial position, income statement, changes in equity and notes.
Prepared under MPERS
In accordance with the applicable approved accounting standards.
Directors' report
Directors' report and statement by directors where required.
Aligned with Form C
Your statements agree with your tax computation for LHDN filing.
Submission-ready documents
Prepared for SSM, LHDN, banks and investors.
Audit exemption guidance
Ongoing guidance on your eligibility to remain audit-exempt.
The process typically takes 6 to 12 months from submission to final gazette — most of which is SSM processing and statutory waiting periods, not active work.
Why Choose KKHO for Strike Off Applications
- We assess properly before applying. A rejected strike off wastes time and money. We do a proper pre-check so you only proceed when you genuinely qualify.
- Tax clearance handled. Many strike offs stall because of unresolved LHDN matters. Our in-house tax team coordinates clearance directly — no external chasing required.
- Clean documentation. Every resolution, statement, and submission is prepared correctly the first time, minimising SSM queries and delays.
- One-stop solution. Accounting cleanup, final tax filing, and secretarial work all happen under one roof at KKHO. You don't need to chase three different vendors to close one company.
- Transparent, fixed fees. You know upfront what the strike off will cost. No surprises mid-way.
Ready to Close the Chapter?
Closing a company should feel like tying up loose ends — not opening a new headache. Our team will assess your situation honestly, recommend the right route (strike off or liquidation), and handle the entire process for you.
📞 Get in touch for a free consultation — tell us about the company you'd like to close, and we'll lay out the cleanest path forward.
Strike Off Company
For companies that are no longer operating and want a clean closure.
Everything you need to move forward with confidence.
Clear scope, clear process and proper guidance — you will immediately understand what is included and what happens next.
General Information & Review Status
The information on this page is general in nature and does not constitute legal, tax, audit or professional advice. Statutory requirements may change and should be confirmed for your company's specific circumstances with a licensed professional or the relevant authority.
Official sources:
Ready to Get Started with Strike Off Company?
Talk to our team today for a free, no-obligation consultation. We'll review your situation and tell you exactly what's needed — before any commitment.