Exiting a Business in Malaysia


A business can be terminated by presenting a notice for the termination of business via Form C (Notice of Termination for a Registered Business).

i)      Procedures to Exit a Business

Fill and complete Form C and present the Notice of Termination for a Registered Business to the Companies Commission.

Form C is to be filed within 30 days from the date of termination of business.

The owner / the person responsible for the business need to sign Form C in the presence of an Authorized Officer. State the reasons for the termination of business.
Eg: File a notice of termination due to death within 4 months from the date of death. The heir of the deceased needs to file a notice of termination if a sole proprietorship is terminated due to death. In the case of a partnership, the other partner(s) can file the said notice.

No fees are imposed for the registration of termination for a business.

ii)     Checklist of documents to be attached with the above:





Business Registration Certificate (Form D)



Copy of the Court Order, if termination is upon Court order



Copy of the Death Certificate, if death is involved



Append the documents related to bankruptcy, if the owner is declared bankrupt.


More information on how to exit or terminate a business, do look through these links:

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