If you are intending to close your Malaysian Sdn. Bhd. Company. There are generally two ways to approach it as per the Malaysian Companies Act 2016. Both approaches have their pros and cons and differ in terms of the timelines and cost involved.

The Wage Subsidy Programme (PSU 5.0) which was implemented by the Malaysian government is aimed to assist business owners or employers who are deeply affected by the COVID-19 pandemic.

Our team provides accounting and book keeping services in Malaysia using XERO and Quickbooks software. Feel free to reach out to us.