Incorporate a Company in Malaysia
Incorporating a company in Malaysia involves navigating stringent legal requirements and regulatory standards to ensure compliance and operational success. Seeking professional advice is crucial as it provides insights into business structures, legal obligations, and strategic planning tailored to the Malaysian market. Careful preparation, including drafting comprehensive business plans and securing necessary permits, is essential to mitigate risks and establish a solid foundation for sustainable growth. By adhering to these practices, businesses can enhance their credibility and competitiveness in Malaysia’s dynamic business environment.
Company Secretary in Malaysia
In Malaysia, under the Companies Act (2016), it is mandatory for all registered companies to appoint at least one licensed company secretary within 30 days from the date of incorporation. The role of the company secretary is pivotal as they assist in ensuring compliance with statutory obligations and regulatory requirements throughout the company’s operations. They are responsible for maintaining crucial corporate records, preparing and filing necessary documents with regulatory authorities, and facilitating communication between the company’s management and shareholders. This appointment not only fulfills legal obligations but also supports efficient corporate governance, enhancing transparency and accountability within the organization.
How to Register Your Company at Malaysia
Registering with the Companies Commission of Malaysia is mandatory for operating a business legally in Malaysia. The Suruhanjaya Syarikat Malaysia (SSM) oversees business regulation nationwide.
The registration process offers three main categories: Registration of Business (ROB), Registration of Company (ROC), or Limited Liability Partnership (LLP). Each category varies in legal requirements, liability implications, and tax considerations.
At Alise, our experienced team provides expert guidance on establishing a new company in Malaysia, helping businesses choose the right entity. Selecting the appropriate entity is crucial as it determines liability, tax obligations, and legal requirements.
We understand the significance of this decision and are committed to assisting you in making an informed choice. Explore our comprehensive company incorporation article to learn more about the registration process and receive assistance with registering your business entity.
How to Set up SDN BHD in Malaysia
Setting up a Sendirian Berhad (Sdn Bhd) in Malaysia involves several key steps and considerations:
- Business Name Search and Reservation
- Appointment of Directors and Shareholders
- Company Secretary
- Minimum Paid-Up Capital
- Memorandum and Articles of Association (M&A)
- Registration and Incorporation
- Post-Incorporation
- Compliance and Licenses
- Employment and Immigration Matters
- Corporate Governance
Need more details or enquiry? No worries, Alise will help you answer your questions.