How much does strike-off cost and how long does it take?
SSM's application fee is RM100. After you apply, SSM may give a 30-day notice to show cause, then publish a public notification and wait a further 30 days before striking off. The company is dissolved on Gazette publication. SSM does not state a fixed total time, so expect several months.
Fees (Companies Regulations 2017, as in SSM's guideline)
- Application under s.550: RM100.
- Withdrawing an application: RM500.
- Filing an objection to a strike-off: RM300 (by others).
Process under s.551
- You file the application online with the supporting declarations and documents.
- SSM may serve a notice that, unless cause is shown within 30 days, a public notification will be published.
- After publication, SSM may strike off after a further 30 days if it has confirmation the company is not in operation, no reply, or no valid objection.
- SSM publishes the name in the Gazette and the company is dissolved on publication (s.551(3)).
Objection and withdrawal window. Anyone may object, and you can withdraw, within 60 days from the date in the s.551(1) notice.
Time. The statutory periods alone add up to at least two months; queries or objections extend this. SSM does not promise a total time.
The fee covers SSM only; the tax clearance and any secretary fees are separate costs.
Legal basis
- Companies Act 2016, s.551
- Companies Act 2016, s.552
Sources
Applies to 2026 · Last reviewed 29 October 2026
General information for business owners, not legal, tax or professional advice. Rules change, so check the sources or ask a licensed professional before you act.
Related questions
- How much does it cost to incorporate a Sdn Bhd in Malaysia (SSM fees)?SSM's own fee is RM1,000 to incorporate a company limited by shares, plus RM50 for each 30-day name reservation (unless you use direct incorporation). Your total will also include the company secretary and any professional fees, which are not set by SSM.
- What is the minimum paid-up capital for a Sdn Bhd in Malaysia?The Companies Act 2016 sets no minimum amount; a company needs at least one share. Shares no longer have a par value. Many Sdn Bhds start with RM1 to RM1,000, but regulators, banks and immigration can expect more depending on your activity or foreign ownership.
- How much is stamp duty on a share transfer in Malaysia?Stamp duty on a share transfer is RM3 per RM1,000 (0.3%) under Item 32(b) of the Stamp Act 1949, on the higher of the price and the value of the shares on the transfer date. For unlisted shares LHDN's guideline values shares by net tangible assets or a price-earning multiple, or par value for loss-making companies. The instrument must be presented for stamping within 30 days of signing.
- What is a dormant company in Malaysia and what are its obligations?A dormant company is one that is registered but not trading. The Companies Act 2016 has no separate dormant status, so it must still lodge annual returns and financial statements, keep records and registers, and notify changes. If it will not trade again, closing it formally avoids running costs and penalties.
- What is the difference between striking off and winding up a Malaysian company?Striking off removes a dormant company from SSM's register through an administrative process under sections 549 and 550, and suits companies with no assets, liabilities or ongoing business. Winding up is a formal liquidation led by a liquidator, needed where there are assets to distribute or debts to settle.