When it’s time to close your business, doing it the right way matters—both for compliance and your peace of mind. At Keeyaa, we guide you through every step of company dissolution—whether through deregistration, liquidation, or winding up—handling filings, liabilities, and final formalities efficiently and reliably.
Closing a company in Malaysia involves more than just stopping operations—it requires strict adherence to legal protocols. Done incorrectly, you may face legal, financial, and reputational consequences, including:
At Keeyaa, we ensure the exit process is clean, compliant, and cost-effective so you can focus on what comes next.
Different circumstances require different solutions. We help you choose the right path:
Ideal for dormant companies with no assets or liabilities. A quicker and simpler process handled via SSM, typically resolved within 6–15 months
Best for solvent companies able to settle debts. Requires a Declaration of Solvency and appointment of a licensed liquidator to manage asset distribution and final filings
Evaluate your company’s status and recommend the best route.
Draft and obtain board/shareholder approval.
Prepare all submissions, publish required notices and agreements with SSM, LHDN, EPF, SOCSO, and others
We engage a licensed liquidator to manage assets, liabilities, stakeholder entitlements, and final distribution
Secure approvals, close bank accounts carefully, and ensure dissolution is recorded officially
Employee claims (e.g. unpaid salaries, EPF/SOCSO contributions) often take priority and must be settled first
Closing accounts too early can halt legal processes and reimbursements
Appointing an inexperienced or unqualified liquidator can delay the process or raise compliance risks
Keeyaa protects you from these issues with thorough planning and oversight.
We manage legal steps, filings, and partner with licensed professionals when needed.
Clearances with SSM, LHDN, EPF, SOCSO, and other regulators handled seamlessly.
Proper settlement of liabilities, including employee claims, taxes, and creditor obligations.
Strategically manage and distribute assets in line with legal requirements.
Maintain records for mandatory retention periods, minimizing future risks.
If you’re preparing to close your company—whether voluntarily or under pressure—delaying the process can lead to complications. Let Keeyaa guide you through an efficient, compliant shutdown. Contact us today for a clear consultation and take the first step to a smooth exit.
