Things to Know Before Starting/ Registering a Company in Malaysia

The company registration certificate is not enough. Here are five important things you can do as an entrepreneur:

Open a business bank account

It is desirable to open a trading account so that you can separate your personal and business finances. This is especially important if you have a partnership (a company that has two or more people) because there are people who need access to the bank account.

With CIMB Online Business Current Account, you can open an account without pause from home or new office. All your documents are just before you and will be completed in 10 minutes.

Register your business with SOCSO

This is a legal requirement for all companies to register with SOCSO, regardless of whether you are proprietorship or sole partnership. This is because you and your staff are protected, you must have some work-related injuries

The registration can be done at the nearest SOCSO office where you have to fill out the following forms:

• Form 1
• Two copies of the form d.
• Two copies of Form A
• Form 2 (if you have an employee)

Register for a tax file with LHDN

As mentioned above, when you start your company, you are legally in LHDN. The need to open a tax file. Two copies of the LHDN registration card registration form is required. This can be done online or in the nearest office.

Register with EPF

After anyone's login, you must register your business and employee in the EPF for the next seven days. Fill out the KWSP 1 form and forward the company's registration certificate and other documents provided by the CCI to the nearest EPF office.

With HRDF, companies will be working in specific industries

As the PSM Act was noted in 2001, some companies are working in companies that work in some industry. R. D. F. provides access to trainings for your staff, which will enable them to further develop. The HRDF is registered as an employer also allows you to use employment grants that can be used to subsidize workers' training expenses.