There are basically two main ways to set-up a company and incorporation company in Malaysia: either to set up an offshore company in Malaysia which is proper for international business, or a private limited company.
A third way would be, for a foreign company, to incorporate a branch office, which is somehow an intermediate solution to form an official company in Malaysia.
We also provide corporate payroll services for your employees in a simple and convenient way. We have earned the trust of hundreds of SME: small and mid-sized Malaysia companies, managing every aspect of their employee payroll processing.
Malaysia My Second Home (MM2H) Programme is introduced by Malaysia government to allow people from all over the world to live or retire in Malaysia on a long term basis. The MM2H Programme was transformed from the formerly known “Silver-Hair Programme” which was only applicable for those who were 50 and above.
Outsourced accounting, bookkeeping, and controller services have become more common for Malaysia in small businesses today. Why? The advantages, which once were only enjoyed by mid-market and enterprise companies, are becoming understood by smaller companies in Malaysia.
Andy Gray, Director, Company NameAll thanks to Beyond Corporate Group, they were able to provide me with advice for new business owners like me and I was able to set up my private limited company without any worries. I would like to subscribe to their other services in the future!
Andy Gray, Director, Company NameI’ve always wanted to move to SEA country. After months of research, I am pleased to learn about the Malaysia My Second Home (MM2H) Programme from Beyond Expatriate Advisory. They are efficient and provided me the necessary information to prepare for my migration to Malaysia.
Andy Gray, Director, Company NameAs an SME owner, I have always faced problems handling my own accounts. Beyond Corporate Group helped me to settle my incomplete accounting files over the past months and also customize accounting solutions that suits my business.
Frequently Asked Questions for Company Registration and Incorporation Malaysia
To register a Sdn Bhd, you need to be at least 18 years old, reside in Malaysia, and are not disqualified under Section 198 of the Companies Act 2016.
A Sdn Bhd (Sendirian Berhad) is a private company limited by shares where its shareholder(s)' liability is limited to the amount of shares held. It is a separate legal entity with full capacity to carry on or undertake any business or activity including to sue or be sued, manage property, and carry out transactions.
Minimum 1 director and 1 shareholder who can be the same person.
The minimum paid-up capital of a Sdn Bhd is RM1. However, we recommend to have at least RM100 in paid-up capital.
According to Section 236 of the Companies Act 2016, all Sdn Bhd must appoint a company secretary within 30 days from its date of incorporation.
Company secretary’s duties are to ensure the company follows the rules and procedures as set out in the Companies Act. Some of these duties are:
- Keeping and maintaining statutory books and records of the company such as Minutes book, register book, share register etc.
- Advising the company on compliance to various laws and regulations such as the Malaysian Companies Act 2016.
- Lodging of returns, forms and financial statements to SSM.
- Keeping meeting minutes and written resolutions of board meetings.
- Providing CTC documents for bank or other purposes.
No, your company’s registered address is not necessarily the same as its business address. A company’s registered address is usually where the company secretary’s office is located, which is open and accessible to the public during ordinary business hours. This is where all company documents, as ordered by the Companies Act 2016, need to be kept. You may operate your business at any other address, which would then constitute as your business address.
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Company Secterial Services Malaysia
Beyond Corporate Group is a leading corporate service company in Malaysia providing several corporate service including Company Registration, Residential Visa Services, Work Permit, Malaysia My Second Home (MM2H), Accounting Services, and Payroll Services for your employees.Unit 1-17-1, Menara Bangkok Bank@ Berjaya Central Park, No.105 Jalan Ampang, 50450 Kuala Lumpur Tel: + 603-2181 8383 Fax: + 603-2181 0033
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