Company Name Requirements
Registered Address Requirements
Registered Capital Requirements
Shareholder, Director and Secretary Requirements
Business Scope Requirements
What are the main types of Malaysian companies?
Sdn Bhd (Sendirian Berhad, Sdn Bhd)
corporation
Limited Liability Partnership (LLP)
Branch or representative office
1. Name of the company
Provide 1-3 alternative English/Malay names in order of preference.
2. Shareholder and director information
Clear passport copies of all shareholders and directors, proof of address (utility bills or bank statements for the last 3 months), contact details. It is necessary to state the percentage of share distribution.
3. Information on local directors in Malaysia
If you are unable to do so, our services may include the provision of an eligible local titular director.
4. Information on company secretaries
A qualified licensed secretary is usually provided by the agent registrar.
5. Proof of registered address
Provision of local registered address in Malaysia (compliant commercial address service can be provided by the agent).
6. Information on registered capital
Determine the amount of the company's registered capital and paid-up capital.
7. Description of the scope of operations
Clarify the proposed operational activities to be undertaken
1
Name check and reservation (approximately 1-3 business days)
2
Preparation and signing of documents (approximately 1 week)
3
Submit registration application to SSM (approximately 1-2 weeks)
4
Follow-up on key formalities (approximately 1 week)
Q&A Frequently Asked Questions
A: The vast majority of industries are allowed. Malaysia is very open to foreign shareholdings and foreign investors can set up 100% foreign-owned private limited companies (Sdn Bhd) in most sectors, except for a few reserved sectors (e.g. finance, insurance, real estate agents, etc.) that involve national security and Malay rights and interests.
A: Yes, this is a statutory requirement. Under the Companies Act 2016, every Malaysian private limited company must have at least one director who is "ordinarily resident in Malaysia". This director can be a Malaysian citizen, permanent resident or a foreigner holding a long term residence permit in Malaysia (e.g. Second Home MM2H visa).
A: Major maintenance work includes:
1) Annual filing: annual report and financial statements (subject to audit, unless a small company qualifies for an audit exemption) are filed with SSM;
(2) Tax Returns: Filing of Corporate Income Tax Returns;
3) Update company secretary and registered address information. Appointing a professional secretarial firm to handle this is a way to ensure compliance and efficiency.
Thank you for your submission, one of our consultants will be in touch with you shortly!