Malaysia Hotline: +603- 2141 8908
Here are some basic
facts and useful information for setting up and forming a limited company (Sdn
Bhd) in Malaysia.
A limited company in
Malaysia can be incorporated with a minimum authorised capital and paid-up
capital of RM400,000 and RM2 respectively.
What documents do you need to form a company in Malaysia?
Copy of your identity
card (IC) or copy of your passport (for foreign director)
Director requirements
Every company must
have at least 2 directors who are at least 18 years of age and are residing in
Malaysia.
He/she is not a
bankrupt and has not been convicted and imprisoned for a period of past 5
years.
Company Secretary requirements
A company must have at
least one Company Secretary
Company secretary must
be a member of any one of the prescribed professional bodies or licensed by the
SSM.
Registered office requirements
Every company must
have a registered office in Malaysia to which all communications and notices
may be addressed.
It is normal practice
in Malaysia to have the secretarial office as registered office of the company.
Accounts and Audit
Every company is
required to prepare its accounts and to be audited by approved auditors in
Malaysia every year.
A company must appoint
one or more auditors who must be approved auditors in Malaysia.
The audited accounts
must be tabled at the AGM for adoption/approval by the shareholders of the
company.
This audited accounts
is required to be lodged with SSM, together with the Annual Returns (see below)
Annual General Meeting (AGM)
A company is required
to hold its Annual General Meeting (AGM)
within 6 months from the accounting year end, and for newly registered
company, within 18 months from the date of incorporation.
One of the agenda of
AGM is to have the audited accounts adopted or approved by the shareholders of
the Company.
Annual Returns
Every company needs to
lodge the Annual Return within 1 month of the AGM
Annual Return shall
include audited accounts and auditor’s report.
Annual return is a
snapshot of general information about a company’s directors, secretary,
registered office, shareholders, share capital, principal business activities,
etc.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours Hong Kong hotline：86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my