Register a company in Malaysia Sdn Bhd | Doing Business in Malaysia
When asked, How to Register a Company in Malaysia (Sdn. Bhd.) With SSM "How do I register a company in Malaysia?" And you made the decision to invest in Malaysia, so you made a wise decision. You're in the right place.
This article is written for those wishing to start a Limited Liability Company (LLC) in Malaysia. LLC stands for Limited Liability Company. It is a type of legal business entity developed to give business owners a lower level of accountability.
The following information will guide you on the registration of a company (Sdn bhd) in Malaysia.
Hire a company secretary
First, you need to hire a company secretary to help you complete the company registration process.
Every LLC in Malaysia must have at least one company secretary in the LLC and the company secretary must be a professional body or licensed by the Companies Commission of Malaysia (SSM).
Second, your company secretary should advise the director to provide the information "What do I need from you to register a company in Malaysia"
Name your new business
Business activities of your new company (3 main business activities)
Identity card (Malaysia) or passport (foreign) of at least 1 director and 1 shareholder
The current address and email address of all directors and shareholders
Percentage share structure
Business address (optional)
Third, upon receiving the above information and company registration documentation in Malaysia, the company secretary must fill in the company name information about SSM through the MYCOID system, and the fee is RM50.00 for each name used to authorize the use of the new company name.
If the name is approved by SSM, the name is reserved for 30 days. Applicants can then apply for the merger for a fee of RM1,000.00.
The Company Secretary must file the Company Application Form within 30 days of the name approved by SSM.
Once a company is established, it is advisable to obtain the necessary licenses / permits / approvals from the competent authority before starting the business.
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