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 Do dormant sole proprietor company need to close, Company not doing business anymore

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kluseng
post May 8 2020, 12:02 PM

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QUOTE(ankw @ May 8 2020, 10:21 AM)
if leave the company dormant until expiry is it ok to do so

but the ssm guidelines condition above need to terminate or else get commit an offence and get fine. IS it true?
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There is no enforcement and it is basically unenforceable. You can always say your business is dormant, not terminated and who is to say otherwise?

 

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