Title: How to Register a Company in Malaysia Online
1How to Register a Company in Malaysia Online
2If you are looking to start a new company and
have decided to invest in Malaysia then you have
made a wise decision. Over the past decade or so,
the economy of Malaysia has seen a stellar rise.
And it is fast becoming one of the most
profitable countries to do business in inside
Asia.
3No matter what kind of business you are planning
to do in Malaysia, you need to register your
company. Many entrepreneurs looking to start
their business often struggle with registration
process. As a result, this article will let you
easier for registering a company in Malaysia. Any
companies register through approval of
SSM, Companies Commission of Malaysia
4Shareholder and eligibility
TYPE OF COMPANY SHAREHOLDER ELIGIBLE
PRIVATE LIMITED COMPANY 1-50
PUBLIC LIMITED UNLIMITED
PARTNERSHIP 2-MORE
SOLE PROPRIETORSHIP 1
5Capital
TYPE OF COMPANY SHARE CAPITAL
PRIVATE LIMITED COMPANY 2 TO 500000 (RINGGIT)
PUBLIC LIMITED Unlimited
PARTNERSHIP Any Amount As Agreement
SOLE PROPRIETORSHIP Any Amount
6Time
TYPE OF COMPANY REGISTRATION DURATION
PRIVATE LIMITED COMPANY 5 DAYS
PUBLIC LIMITED 10 DAYS
PARTNERSHIP 2-3 DAYS
SOLE PROPRIETORSHIP 2 DAYS
7Fees
TYPE OF COMPANY COST
PRIVATE LIMITED COMPANY 4000
PUBLIC LIMITED CONTACT US
PARTNERSHIP 3000
SOLE PROPRIETORSHIP 2000
8100 Foreign Ownership In Malaysia, there are two
types of business categories will recommend to
form. The first one is 100 foreign ownership,
capital need 500,000. If you are looking to get
into the import and export business then you need
a paid up capital of RM 1 million. The same digit
applies for opening a restaurant or any sort of
trading business.
9Join Venture Capital, RM 350K recommended if the
business is a joint venture company with a 51
ownership. This is applicable for the Malaysian
partner. There is no more authorized capital as
amendment.
10Company Name All companies, whether local or
foreign ownership company registration done by
SSM. Over there, the first step of registering a
company is Propose Name Approve. You need to
adhere the rules of naming for your company. They
cannot contain any of the restricted words as
provided by the CCM. Final company name should
end with the term Sdn Bhd.
11Why Name is Sdn Bhd Sdn and Bhd are Malayan terms
called private limited. For instance, name should
be ABC SDN BHD in replace of ABC LIMITED. Once
registration complete, a number will put as
identity. That is your official document,
correspondences as well as your business card.
All the forms and instructions of the CCM are in
English language for global investors.
12Online Submission Once you have cleared out the
naming rights you will need to prepare documents
to submit SSM. The first thing you need to
provide is the names of all your shareholders and
details. According to the Company Act of 1965,
at least 1 share holder need to form a company. 2
shareholding company is good for banking and
decision making.
13Thank You Resourcehttps//www.sfconsulting.co
m.my/how-to-register-a-company-in-malaysia/