Close Down Sdn. Bhd

Sdn. Bhd. Termination Services

SHAREBIZ specializes in aiding companies with the structured termination of their Sdn. Bhd. (Private Limited) operations. Our Sdn. Bhd. Termination Services are designed to facilitate a compliant and efficient winding-up process, navigating through all required steps to effectively close operations in line with legal mandates.

Primary Services:

Initial Closure Evaluation and Advisory: SHAREBIZ begins the termination journey with a detailed evaluation of the company's preparedness for shutdown. We advise on the legal and procedural steps necessary for the orderly winding up of a Sdn. Bhd.

Regulatory Compliance Check and Resolution: Our professionals perform an exhaustive compliance audit to ensure all regulatory responsibilities, such as taxes, statutory submissions, and pending compliance issues, are identified and rectified prior to proceeding with the termination.

Resolutions of the Board and Shareholders: We aid in crafting resolutions for both the board and shareholders, which formalize the decision to terminate the Sdn. Bhd. These resolutions act as official consent for the termination process.

Settlement of Debts and Obligations: SHAREBIZ offers guidance in the orderly settlement of all debts and obligations, engaging with creditors, settling financial responsibilities, and securing clearances for termination.

Support for Employees and HR Matters: We offer assistance in handling affairs related to employees, ensuring adherence to labor regulations, finalizing employee compensations, and managing any HR-related issues during the termination phase.

Management of Assets Liquidation or Transfer: Our team provides support in either liquidating or transferring the Sdn. Bhd.'s assets. We oversee the process to ensure it meets legal standards and aids in the proper disposition or liquidation of company assets.

Tax Clearance and Submission: SHAREBIZ ensures the acquisition of tax clearances from the appropriate bodies. We manage all necessary tax submissions, including the final corporate tax return, ensuring compliance with tax laws.

Preparation of Termination Documents: We are responsible for preparing and organizing all documents needed for the Sdn. Bhd.'s termination, including final audited financial statements and all statutory paperwork.

Filing with Regulatory Bodies: SHAREBIZ oversees the filing of termination documents with the Companies Commission of Malaysia (SSM) and any other pertinent bodies, guaranteeing that the process is in accordance with legal standards.

Cancellation of Registrations: Our experts oversee the cancellation of all business registrations, formally concluding the Sdn. Bhd.'s existence in official records.

Stakeholder Communications: Throughout the termination process, SHAREBIZ ensures clear and ongoing communication with all stakeholders, including creditors, employees, and regulators, keeping them informed and engaged as necessary.

Opt for SHAREBIZ’s Sdn. Bhd. Termination Services for a blend of regulatory savvy and detailed attention to the termination process. Our dedication to compliance, clarity, and consideration for all stakeholders promises a seamless and legally compliant wind-up for your company.