To Carry On The Business As Distributors Companies in Malaysia

Carry on the business as distributors companies in Malaysia is a process of company that usually happen when the company is no longer able to continue running the business or when the shareholders agree to sell the company. This process can be happen to any company in any country, but in Malaysia, the process of carry on the business as distributors companies is a bit different.

The first thing that the company need to do is to find a buyer for the company. The shareholders of the company will need to agree on the price and terms of the sale. Once the buyer is found, the company will need to notify the Registrar of Companies (ROC) of the sale. The ROC will then issue a new certificate of incorporation to the buyer.

The next step is to notify the tax authorities of the sale. The company will need to file a notice of change of ownership with the Inland Revenue Board (IRB). The company will also need to pay any outstanding taxes.

Once the sale is complete, the company will need to change its name. The company will also need to change its registered address and contact details. The company will also need to update its website and other marketing materials.

The last step is to notify the employees of the sale