As one of the most vibrant countries in Southeast Asia, Malaysia offers many advantages as an investment destination. This has been affirmed by robust growth in private investment in the country.
From manufacturing to distribution or technical expertise in the services sector, the country offers opportunities and capabilities across the value chain. Whether investors want to utilize Malaysia as their target market or as a regional gateway, organisations and their employees alike will find a myriad of opportunities upon their arrival here.
Characteristic Of Malaysia Company
|Company name ended with the word “Sdn Bhd” or “Bhd”|
|Capital Contribution||Share capital|
|Owner(s) of the business||Company(members / shareholders own ‘shares’ in the company that give them certain rights in relation to the Company)|
|Legal Status||Separate legal entity|
|Party that is liable for debts of the business||Company|
|Responsibility for management of business||Board of Directors|
|Personal liability||No personal liability of individual director or shareholder Liabilities borne by the directors or shareholders are to the extent of unpaid shares only|
|No. Of Shareholders/Partners||Minimum 1 and maximum 50 in private company|
|Company director||Minimum 1 Malaysian|
|Statutory Audit Requirement||Yes|
|Annual Compliance||Must file annual return and financial statements every calendar year|
|Annual Submission to SSM||Annual Return with Audited/ Un-audited Financial Statement|
|Rules & Regulations||Malaysia Company Act 1965 (CA)|
* It is a statutory requirement to have at least one resident director for setting-up a private limited company in Malaysia.
Other than a local Malaysian who permanently resides in Malaysia, any foreigner
– with a Resident Talent Pass (RPT) or
– permanent resident (PR) or
– MM2H holder
also qualified to be considered as Resident Director. In the absence of these, you may consider to subscribe to our Nominee Director Services.
** If the shareholder is a corporate entity, please provide the corporate registration documents containing the Certificate of Incorporation, Memorandum & Articles of Association/Constitution and Certificate of Incumbency or equivalent document.
If the shareholder of the corporate shareholder is also a corporation, please provide a similar set of the registration documents as mentioned earlier. Such requirement is necessary for all corporate shareholders until the ultimate individual shareholder(s) is/are identified. Please also provide details of the corporate representative(s) of all corporate shareholder(s) together with written documents showing the authorization given by the corporate shareholder(s) to the corporate representative(s).
Information required for formation
- Proposed company names with definition
- Principal business activities of the proposed company
- Photocopy of all directors & shareholders NRIC or Passport *, **
- Latest proof residential addresses of all directors such as utility bills (if different from IC)
- Paid-up capital information
- Contact details (email and contact number) of all directors & shareholders
- Percentage of shareholding of each shareholder
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