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.
Suruhanjaya Syarikat
Malaysia (Companies Commission Malaysia)
The Companies Commission of Malaysia (SSM)
established on 16 April 2002, serves as an agency to incorporate companies and
register businesses 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