Malaysia Company Registration

The primary legislation governing company registration in Malaysia is the Companies Act 2016 (Act 777). This Act replaced the Companies Act 1965 and modernised the incorporation process. It provides for the registration of private and public companies, limited by shares or guarantee, and outlines the duties of directors, shareholders, and company secretaries. The Act is administered by the Companies Commission of Malaysia (Suruhanjaya Syarikat Malaysia, SSM).

The regulatory authority for company registration in Malaysia is the Companies Commission of Malaysia (SSM). Their official website is www.ssm.com.my. SSM handles name approval, incorporation, annual filings, and compliance matters. For foreign investors, the Malaysian Investment Development Authority (MIDA) also provides facilitation services.

The process for Malaysia Company Registration Services India involves several steps:

1. Name Approval: Submit proposed company names to SSM for approval. Names must not be identical or undesirable.
2. Prepare Documents: Draft the Memorandum and Articles of Association (M&A), and obtain consent from proposed directors and shareholders.
3. Submit Incorporation Application: File the incorporation form (Section 14 of Companies Act 2016) with SSM, along with the M&A and statutory declarations.
4. Payment of Fees: Pay the prescribed registration fee to SSM.
5. Certificate of Incorporation: Upon approval, SSM issues a certificate of incorporation, and the company becomes a legal entity.
6. Post-Incorporation: Appoint a company secretary, register for tax (if applicable), and open a corporate bank account.

The key forms required for Malaysia Company Registration Services India include:

• Form 13A: Application for name approval.
• Form 6: Declaration of compliance by a director or secretary.
• Form 7: Statutory declaration by a director or secretary.
• Form 9: Return of allotment of shares (if applicable).
• Form 24: Consent to act as director.
• Form 49: Particulars of directors, managers, and secretaries.

These forms are submitted electronically via the SSM e-Lodgement system.

To register a company in Malaysia, the following eligibility criteria apply:

• Directors: At least one director must be ordinarily resident in Malaysia (i.e., a Malaysian citizen or a foreigner with a valid pass).
• Shareholders: Minimum one shareholder (individual or corporate).
• Company Secretary: Must appoint a company secretary who is a member of a prescribed professional body or licensed by SSM.
• Registered Address: Must have a registered office address in Malaysia.
• Name: The proposed name must not be prohibited or similar to an existing company.

Foreign individuals can be directors and shareholders, but at least one director must satisfy the residency requirement.

The timeline for Malaysia Company Registration Services India depends on the completeness of documents and SSM processing. Name approval typically takes 1-2 working days. Once documents are submitted, incorporation may be completed within 1-3 working days. However, delays can occur if additional information is required. No specific time estimate can be guaranteed.

The government fees for Malaysia Company Registration Services India are prescribed by SSM. Below is an indicative table of fees (in Malaysian Ringgit, MYR):

Note: Fees are subject to change. Additional costs may apply for professional services such as company secretary and registered address.