FAQs: Company Incorporation & LLP
Frequently Asked Questions
SDN BHD stands for Sendirian Berhad and is a private company limited by shares, which is the most common type of company registration in Malaysia. It can be formed with just one director and one shareholder, and there can be up to 50 shareholders. Incorporation Process : To incorporate a Sdn Bhd, the company secretary first conducts a name search and obtains SSM approval for the proposed name. Upon name approval, the incorporation process will be conducted by the Company Secretary, subject to approval from SSM (Suruhanjaya Syarikat Malaysia). Company Naming: The SSM sets requirements for naming companies in Malaysia. Kindly check out ( GUIDELINES FOR NAMING A COMPANY ) for more information.
The SSM, or Suruhanjaya Syarikat Malaysia, is short for the Companies Commission of Malaysia, established on April 16, 2002. This regulatory body plays a vital role in overseeing and managing the registration of companies in Malaysia.
Yes, foreigners can fully own a Malaysian SDN BHD. However, under the Malaysia Companies Act of 2016, every Sdn Bhd is required to have at least 1 director residing in Malaysia.
At least 1 director residing in Malaysia, who can also be the shareholder. The director should be 18 years or older and not disqualified under Section 198 of the Companies Act 2016.
The registered office address is a legal requirement for company registration. It serves as the official address for government correspondence and legal notices and is where important company documents are stored. This address must be a physical location in Malaysia and is often the office of the company secretary. On the other hand, a business address is where the main operations of the company occur. The two addresses can be the same, but they are often separate.
The registration process is typically swift, taking just 1 to 3 days, provided that all necessary documents are prepared and submitted promptly.
Proposed Company name Main business activities of the new Company Copies of ID cards and passports of all directors and shareholders Information on paid-up capital (at least RM1) Shareholding ratio of each shareholder
By choosing our company, you can incorporate a company with a one-time fee (no hidden costs). We will handle all administrative matters with the governing bodies, ensuring you have zero worries about compliance. We will also follow up on your application and provide regular updates on its status.