Must you register your company?
The Companies Commission of Malaysia (SSM) requires you to register your business whether it is a sole proprietorship, partnership or company. However, a company would have to be incorporated under Companies Act 1965.
Before SSM Registration
To incorporate a company, it would need to be registered with SSM. A company incorporated as private company will have “SDN BHD’ appearing together with the name, while a public listed company carries “BHD” in its name.
You would also need to have a company secretary.
Before your company can be incorporated, a name search would have to be done with SSM to make sure your proposed company name is available for registration.
A payment of RM30 is also required for each name you are applying for.
However, your proposed company name will be subject to SSM approval following their guidelines.
Lodgement of Documents
Once your proposed company is approved, you are required to submit following incorporation documents within 3 months from date of approval of the company name.
- Memorandum and Articles of Association ( each stamped at RM100)
- Form 48A (Statutory Declaration)
- Form 6 (Declaration of Compliance)
- Original copy of Form 13A
- A copy of the letter from SSM approving the name of the company.
- A copy of the identity card of each director and company secretary.
Registration Fees ScheduleA fee is payable according to the proposed company’s authorised share capital.
You can refer to the table here.
Certificate of Incorporation
A Certificate of Incorporation will be issued by SSM you have complied with the incorporation procedures and submitted the duly completed Incorporation Documents.