In addition to the existing opportunities, the Malaysian
company is developing into one of the leading regions in Asia for Malaysia. In
Malaysia, 100% foreign companies may become owners if they act as Sdn Bhd.
Malaysian Companies Commission (SSM), an administrative body that monitors the
registration of all companies in Malaysia. The registration is done by a
locally certified company secretariat.
Some Important Things to Keep in Mind Before You Register A Company in Malaysia
If you have decided that Malaysia is your starting point for
your next business, you should note some important points before you start
here:
- What type of business do you operate?
- Have you prepared a business plan?
- What options are available in Malaysia for your selected company?
- Should you get a license and approval before you build your business in Malaysia?
- Are you ready to register a company?
- Is there a problem when foreigners start a business in Malaysia?
Things that are required to Incorporate a Company in Malaysia
Before you register a company in
Malaysia, you must first find a company name. This is an indispensable step,
and once approved, the name of the company you select should be retained for
the inclusion process. The name of your chosen company will be kept for three
months from the date of approval. The Malaysian company needs to register to
register:
- Name of the company
- Business activity
- Headquarters in Malaysia
- At least 1 director (at least 18 years old and living in Malaysia)
- At least 1 shareholder
- At least one company secretary who must be a member of one of the established professional organizations and / or must be licensed by SSM.
- The minimum amount of paid-in capital (RM1)
- All Directors and Shareholder Copies or Identity Cards.
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