How do I make my company dormant properly?
Last updated: Answer from Robo Company Secretary How we write answers
Dormancy does not suspend a company's filing duties. Annual returns, financial statements, a secretary and a registered office remain necessary. Audit exemption is conditional: SSM's dormant-company test covers dormancy since incorporation, or throughout the current and immediately preceding financial year. Stopping sales alone does not establish eligibility.
Sources: SSM Practice Directive 10/2024Companies Act 2016 s.68
Also asked as: dormant status company; bekukan syarikat sementara; pause company malaysia; temporarily stop business sdn bhd.
For this test, SSM looks at business activity and accounting transactions, with limited exclusions for compliance costs. Ask an accountant to check transactions and continuing tax obligations before treating the company as dormant. The duration of the pause also matters when comparing upkeep with eventual closure.
Key facts
- Dormancy is not a blanket filing exemption
- SSM's dormant-company test must be met
- Review tax filings separately
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