Malaysia Hotline : +603-2141
8908
The definition of an "unlimited company" given
in section 4 of the Companies Act is "A company formed on the principle of
having no limit placed on the liability of its members." In other words,
in the event of a winding-up of an unlimited company, its members may be made
liable for its debts without limit on their liability.
An unlimited company is similar to other companies in
that it is also a corporation. As such, it can hold property, sue and be sued
as an entity separate from its members. The unlimited company can create a
floating charge on its assets and can deal freely with its assets in the
ordinary course of business.
Tannet Malaysia is an international consultant firm based in Hong Kong, Shenzhen. We provides one stop business solution for those investor who are interested to invest overseas such as Samoa, Seychelles, Belize, Singapore, England, Thailand, Delaware and etc. We offer corporate secretarial services and virtual office as well such as receptionist answer phone call & documents management. Kindly contact us for more information if you are interested on our other services.
Contact us :
If you have further queries, please contact Tannet
24 hours Malaysia hotline：+603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours China hotline：86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my