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Company Incorporation

Incorporate Your Company With us in 3 Fast & Easy Steps

  • Complete the online company setup form ‘HERE’
  • Make the payment to our bank
  • Schedules a time and sign the documents at our office (Alternative way can be arranged)

You company will be incorporated in next 2 days

The requirements to form a new company or opening a new company are as follow:

  • Minimum of one (1) Shareholder with minimum 1 Ordinary Share Capital
  • Minimum of one (1) Director
  • Qualified Company Secretary (An individual who is a member of a professional body prescribed by the Minister of Domestic Trade Cooperative and Consumerism; or An individual licensed by the Companies Commission of Malaysia (SSM))

Both the director and company secretary shall ordinarily reside in Malaysia by having a principal place of residence in Malaysia.

Private limited company (popular known as ‘Sendirian Berhad’ or ‘Sdn. Bhd.’) is the most common type of business vehicle for doing business in Malaysia. Sdn Bhd provides limited liability protection to shareholders (i.e. business owners). The limited liability protection protects the entrepreneurs against trading losses, especially when working within an unstable and ever-changing economic climate.

Advantages of Forming a Company:-

  • Limited liability protection.
  • Shareholders/Owners’ personal assets are not put at risk should the business fail.
  • Shareholder’s liability is limited to the amount of shares subscribed.
  • Easy transfer of ownership (Ownership is easily transferable through the sale of shares)
  • Unlimited life. (When a Sdn Bhd’s owner incurs a disabling illness or dies, the company does not cease to exist)
  • Raise capital more easily, additional capital can be raised by selling shares to new investors (not allowed to sell shares to the public).
  • Sdn Bhd may be perceived as a more professional/legitimate entity than a sole proprietorship, conventional partnership or limited liability partnership.
  • Customer / Commercial partners will have more confidences in dealing with your Company.
  • Easier Access to Funding. (Forming a company will add to your business creditability, this makes it easier to secure finance for your business with less personal risk)
  • Greater Tax Advantages. (More business expenses may be tax-deductible. more tax deductible expenses, tax incentives and lower tax rates)
  • Conversion into Public Listed Company. (Should the Company grows to a level that need access significant funding from public, then Sdn Bhd can be converted into a Public Listed Company)
Company Secretary

In short, the requirements to strike off a company name from the Register of SSM are as follow, where a company:

  • must be dormant or not in operation.
  • must get consent from the majority of shareholders.
  • has no assets and liabilities.
  • has no bank account.
  • has no outstanding tax or other liabilities including compound with any government bodies such as EPF, SOCSO etc.
  • has no outstanding penalties or compound due to SSM under CA 2016.
  • has filed and updated the latest information with SSM.
  • is not involved in any legal proceedings within or outside Malaysia.
  • does not have any charges in the Register of Charges.
  • has not made any return of capital to shareholders.
  • is not a holding company or subsidiary of another corporate body.
  • is not a Guarantor Corporation.