Company registration in Malaysia is quite an easy process. You can lay the
foundation of a company in Malaysia with 100% foreign ownership. It is known as Sendirian
Berhad. Although the government has listed only some specific industries for the company to work
under 100% foreign ownership.
Following are preferred industries to start a business:
According to the Malaysian Companies Act, only two types of Companies can assimilate in Malaysia.
A company with limited share capital can incorporate as the private or public company. A private company is known as ‘SendirianBerhad’ or ‘Sdn. Bhd.’ and ‘Berhad’ or ‘Bhd’ if it is a public company.
An unlimited company provides the members with unlimited liability. It also can incorporate as a private or a public company. The Memorandum of Association shows the liability of its members.
1. Select an appropriate name for the company and then check its availability. To check
the availability of company name one needs to refer to Government Gazette, which gives the
guidelines regarding the name and application of a company name.
The steps involved in filing a name availability application are:
2. Memorandum and Article of Association i.e. MoA and AoA need a submission with SSM.
The Inland Revenue Board affixes the official stamp. The MoA & AoA should have details of directors
and secretaries. The subscribers of the company’s share are also required to sign the MoA & AoA in
the presence of a witness.
For the private company, AoA shall contain the following conditions:
3. The director or the promoter gives a statutory declaration. It states that he/she is not bankrupt. Also, he/she has never been under the influence of any unlawful offense.
4. Company secretary should sign the Declaration of Compliance. It states that all the requirements of Companies Act have been adhering to.
5. Other documents include a copy of the letter from SSM which approves the name of the company and a copy of the identity proof of each of the director and company secretary.
After the compliance with the incorporation procedure and submission of the duly
completed Incorporation Documents with the prescribed fee. The SSM issues a Certificate of
The company shall get the license/permit/approval from the concerning authority before starting the business activity mentioned in MoA.
Note:All the documents need to be either in Malay or English Language.
For any help at any stage of company registration in Malaysia, one can contact LegalRaasta.>
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