Inactive Companies in Malaysia

A company is considered inactive when it fails to carry out any business activity or operation for a period of two years. The company’s name will be struck off the Companies Commission of Malaysia’s (SSM) register and it will no longer be a legal entity.

There are a number of reasons why a company may become inactive, such as the death of the owner, retirement, financial difficulties or simply because the business is no longer viable.

Once a company is struck off the register, its assets will be forfeited to the Malaysian government and it will no longer be able to operate in any capacity. If the company was listed on a stock exchange, its shares will be delisted and trading in them will be suspended.