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CRITERIAS

1. NO Revenue

2. NO Asset

3. NO Liability

4. Losses more than Capital

(*All above criteria must be fulfilled and to be reflected in latest Financial Statements)

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TO DO LIST (PRIOR TO STRIKING OFF)

1. To close Bank Account, if any

2. To close KWSP Account, if any

3. To close SOCSO Account, if any

4. To Close Tax Account (may refer Tax Agent) (Tax files is auto registered with LHDN once Company successfully incorporated.)

 (*To pay any outstanding penalties to registrar. (Secretary shall assist to check further the penalties with registrar and will update Directors on the status.)

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SUPPORTING DOCUMENTS TO BE ATTACHED TO REGISTRAR

1. Latest Audited Financial Statement OR Latest Unaudited Financial Statements. (Please be advised to attach the Financial Statement to registrar within 60 days from the application date.)

2. Letter closure of Bank Account

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GROUNDS OF OBJECTION

1. Does not fulfil all the criterias

2. Fail to provide latest eligible Financial Statements

3. The Company has tax outstanding

4. The Company has outstanding charges registered with the registrar

5. The Company has outstanding penalties payable to Registrar

6. The Company is involved in any legal proceeding within or outside Malaysia

7. The Company has made return of Capital to Shareholders for the past 12 month (Distribution of Dividend)

8. The Company is a Holding Company

9. The Company is a Guarantor Corporation

10. The Company is in receivership or Liquidation