Setting up a company in Malaysia


Setting up a company in Malaysia

Setting up a company in Malaysia

Setting up a company in Malaysia

Did you recognize that consistent to the New firms Act 2016, the method of putting in place a company in Malaysia will be done online.

  1. At RM1,060.60
  2.  Mistreatment only 1
    (A) Person name (long gone square measure the times wherever you would like two (B) individuals to line up a private limited company registration Malaysia, Jyeah!!! SSM is Awesome)

Check out our article on: – how to setting up a company in Malaysia

Cost to Setup:-

  • The cost concerned is as follows:
  • RM50 – Reservation of Name for thirty days
  • RM1, 010.60 – Incorporation Fees

What square measure a number of the knowledge that you simply got to give to setup a company in Malaysia?

  • Name of planned Company – prepare three names simply just in case your initial alternative is taken;– SSM reserves the correct to reject your name reservation submission, can which is able to need you to create another name reservation – every name reservation will value you RM50 – thus opt for sagely
  • Principal endeavor (software package Development, Construction & Renovation, or automobile Rental)
  • Information on Identification Card or Passport of Shareholder/Director – min of one person; (yea, only 1 person is spare – You don’t need to borrow your wife, girlfriend, brother, uncle, kinswoman or best friends name to line up a private limited Company)
  • Amount of paid capital and
  • Percentage of holding of every shareholder

Do you still got to hire a company secretary? Yes, you may still want a corporation secretary for the subsequent reasons:

  1. SSM needs that you simply should appoint a corporation secretary inside thirty days from the date of incorporation which the position should not be vacant for over thirty days. If you’re late – Late Lodgments Fees are obligatory.
  2. As presently as your Company is incorporated you may likely got to open your account. you may then want a corporation Secretary to organize the resolutions to it impact.
  3. You will want a corporation Secretary to lodge you annual returns and different relevant documents to SSM like Company Constitution, Allotment of latest Shares and Appointment of administrators and etc.

 

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