Basic Facts and Information to Registering A Company in Malaysia
Suruhanjaya Syarikat (Company Commission of Malaysia)
- Established on April 16, 2002, the Malaysian Enterprise Committee (SSM) serves service related to company incorporation or company registration in Malaysia.
- Only limited companies in Malaysia can be included in the capital of at least RM1.
What Documents Are Required to Make A Company In Malaysia?
- Your proposed company name Your proposed name for your new company is required and you can search the name by SSM to see if you can register your name.
- Copy of ID card (copy) or copy of passport (foreign moving)
- Signature of incorporation document.
Director Requirement
- The company must have at least one director and be at least 18 years old.
- In Malaysia, you must have a residence address of at least one Director.
- He / she is not a citizen, was not convicted and was not imprisoned.
Company Secretary Requirements
- The company must have at least one company secretary.
- The company secretary must be a natural person and resident of Malaysia and a member of a specialized agency or authorized by SSM.
Requirement of Auditors
- The Company shall appoint one or more auditors who shall be approved by an auditor approved by Malaysia,
Registered Office Requirements
- Each company must have a registered office in Malaysia, where all communications and notifications may be processed.
- Our postal service is included in your registration office.
Accounts and Auditing
- Each company must prepare an annual audit and prepare an audit.
- Audit accounts must be issued to all company owners within six months of the end of the year.
- This audit account is typically sent to the SS within 30 days of the broadcast date
Annual Revenue
- All companies must enter their annual revenue within 30 days of the anniversary date of the incorporation date.
- Annual revenue is a snapshot of general information about the company's directors, secretaries, registered offices, shareholders, capital stock and key business activities.
Moving or changing details
- Changes must be made to SSM within 14 days of each change of board (such as the appointment or resignation of a board member) or a change of detail (such as a change of residence address).
Read Also: What are the main procedures to start a business in Malaysia?
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