Accountants and Business Consultants

English Chinese (Simplified) Japanese Korean

Accountants and Business Consultants

Chinese (Simplified) English Japanese Korean

Subsidiary Company – FAQ

1. What kind of a business entity can a foreigner register in Malaysia? Foreign investors are only allowed to set up private limited companies, also called Sendirian Berhad (Sdn Bhd) companies. Only resident Malaysians are allowed to set up sole proprietor or public liability companies. However, a foreigner can register a 100% foreign owned business with a …

Closing Process of a Company in Malaysia – FAQ

There are two ways to close a company which are striking off or winding up. Striking off a company requires you to make an application to Suruhanjaya Syarikat Malaysia (SSM) in which the company need to fulfil some criteria first. Striking off not an easy process as you will need to resolve many things which …

Incorporation Process of a Company in Malaysia – FAQ

Yes. Clients are advised to incorporate the Company with minimum statutory paid up capital – RM1 per share and subsequently increase the paid-up capital to the desired account after bank account opened so that shareholders could provide the payment proof into the corporate bank account. This is because the secretary will assume that shareholders paid …

Maintenance Process for a Company in Malaysia – FAQ

Under section 619(3) of the Companies Act 2016, for existing companies already registered under the previous law, their M&A remains valid and enforceable under the Companies Act 2016, unless otherwise resolved by the company. The company may decide whether to revoke entirely the Constitution or amend certain clauses. If the existing company decides to revoke …