What Happen If a Sdn Bhd Remain Inactive？
- Not operating → usually means no source of income
- No income → may struggle to cover ongoing costs (e.g., audit fees, secretary fees, filing fees)
- May face penalties from the Companies Commission of Malaysia (SSM) and the Inland Revenue Board of Malaysia (LHDN)
Options Available to Directors of a Sdn Bhd:
- Submit all required statutory documents (e.g., Annual Return, Tax Return, Audit Report, etc.) ※ Failure to submit over time may lead to accumulating penalties
- Consider closing the company