Register your new company registration in Malaysia with SSM and start your business right away!
Company Registration Malaysia
Beyond Corporate Group provides company registration/company formation services in Malaysia. We are “one-stop” center that help local and foreign investors to effectively set up different types of entities in Malaysia. Our full range of company registration Malaysia includes:
- Company Registration Malaysia – including incorporation of a Private Limited Company (Sdn. Bhd), Company Limited by Guarantee and Foreign Branch Office;
- Registration of foreign companies or Regional/Representative Office;
- Establishment of Labuan Company/Labuan Foundation;
- Provision of Registered Office Address & Acting as named Company Secretary;
- To maintain and update the statutory records of the company as required by the Act such as register of members, register of Directors, Secretaries, Managers and Auditors, register of charges, register of directors’ shareholdings and minutes book;
- To lodge the all the statutory returns of the Company with the Registrar of Companies to comply with the provisions of the Malaysian Companies Act;
- To advise on the regulations and compliance requirements.
Business Registration Malaysia
Before a business can legally start operating, businesses are required to comply with some form of licensing, which could be a general license, an industry/sector specific license or activity specific license. Business licenses are required by the legislation and administered by various government agencies, statutory bodies and local authorities. Business licenses include registrations, approvals, licenses and permits. The compliance requirements vary by industry, business activity and location. Type of Industrial / Sector Licenses that Beyond offer:
- Manufacturing License
- Incentives for Manufacturing related services – Pioneer Status, Investment Tax Allowance
- Expatriate Post – Key Post/Term Post
- Import/Export License
- Principal Hub
- Ministry of Finance
- Petronas License
- Wholesale Retail Trade (WRT)
- CIDB Registrations
- Business License with Municipal Councils
- HRDF Training Provider
- Registration of a Private Recruitment Agency
- Registration with Ministry of Education
- MSC Status
New Company Registration Malaysia Time:
|Events||Time Taken (Days)|
|Company name search with SSM Malaysia||1-3|
|Once name approved by SSM, we will prepare the registration documents||1-2|
|Signing of documents by all directors & shareholders in NBC office||1|
|Submission to SSM for registration of your new company||2-3|
|Notice of Registration from SSM||2-3|
Total minimum working days required to get Company Number : 7-12 days
Note: The above timetable is merely estimated based on NBC’s past experiences dealing with SSM over successful registration of 2,500 companies and it is however largely subject to any delay from SSM and the stability of SSM’s MyCoID online system.
What is required for Company Registration?
- Your new company name
- Business activities (Max 3)
- A copy of all directors’ & shareholders’ I/C or Passport
- Residential & Email addresses of all directors
- Paid-up capital information (min RM1 or max RM2,500)
- Percentage of shareholding by each shareholders.
Frequently Asked Questions for Company Registration 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.