What are the key requirements to incorporate a company in Malaysia?
- At least (1) resident director;
- At least (1) shareholder (either individual or corporate body);
- One resident licensed company secretary;
- Minimum paid-up capital of RM1;
- Three (3) main nature of business.
How to register a SDN.BHD. company?
There are two ways;
- Directly incorporated by the directors through the MYCOID system. However, the company are required to appoint the company secretary within 30 days from the date of incorporation;
- Register from the beginning with a licensed company secretary (hassle-free).
What is the legal minimum number of directors for a company?
Minimum (1) director for Sdn.Bhd and (2) directors for Berhad.
What is the minimum paid up capital required to register a company in Malaysia?
In Malaysia, a company can be registered with a minimum paid-up capital of RM1.
What documents are needed to incorporate a company in Malaysia?
- Copy of Identity card;
- Email address;
- Proof of residential address;
- Copy of statutory documents and resolution for the appointment of corporate representative (applicable for corporate shareholders only).
How to select the Malaysia company business activities?
Please refer to SSM's website
How fast to incorporate a company in Malaysia?
Usually, it will take 2-3 working days for the incorporation to be completed. (Subject to the availability and stability of SSM's system-MYCOID).
What is the minimum and maximum age of a director of a company?
At least eighteen years of age, and there is no statutory maximum age for directors.