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 …
Category Archives: Malaysia Incorporation and Secretarial
Closing Process of a Company in Malaysia – FAQ
What are the common methods for closure of a company? 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 …
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Incorporation Process of a Company in Malaysia – FAQ
Can a company incorporate with paid up capital of more than RM1,000? 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 …
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Maintenance Process for a Company in Malaysia – FAQ
What happens to existing companies with memorandum & articles of association which were incorporated under Companies Act 1965? 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 …
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Malaysia Company Registration: The Ultimate Guide (Updated)
Malaysia Company Registration: The Ultimate Guide (Updated) Register a Company in Malaysia One of the best steps a business will ever take is registering as a legal entity. Business registration gives the business and its owners of administrators a proper perspective of what business truly is. Doing business without proper registration is just illegal. The …
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Malaysia Company Registration – FAQ
The frequently asked questions about the business registration & incorporation of private, public and foreign companies.
