How to Register a New Company in Malaysia?

How to register a company in Malaysia? What are the requirements to form a company in Malaysia? What are documents needed to register a Malaysia company?

Here are some basic facts and useful information for setting up and forming a limited company (Sdn Bhd) in Malaysia.

1. 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.
There is no minimum paid-up capital requirement for private limited company set up in Malaysia.

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2. 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).

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3. Company Director requirements

Every company must have at least 1 director who is 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.

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4. 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.

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5. 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.

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6. Accounts and Audit

Every company is required to prepare its accounts and to be audited by approved auditors in Malaysia every year.
The audited accounts must be tabled at the AGM for adoption/approval by the shareholders of the company.
This audited accounts are required to be lodged with SSM, together with the Annual Returns (see below).

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7. Annual Returns

Every company needs to lodge its Annual Return within 30 days from its date of incorporation every year.
Annual return is a snapshot of general information about a company’s directors, secretary, registered office, shareholders, share capital, principal business activities, etc.

FAQs

Click here for more FAQ on company registration in Malayasia