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Malaysia Company Registration
Malaysia company registration is useful to do business in Malaysia under certain circumstances. Malaysia is a high tax jurisdiction, therefore making it inefficient for global trade. Important points to note about Malaysia company formation include:
1.
The preferred corporate entity for foreign investors is the private limited company, also known as a Sendirian Berhad company. By 2007, more than 750,000 private limited companies were registered in Malaysia. Through a private limited company, an entrepreneur can i) open a corporate bank account ii) obtain local residence and employment visas and iii) lease office or factory premises following Malaysia company incorporation. Other company structures available in Malaysia include the Branch Office and Representative Office.
2.
To meet Malaysia company registration regulations, every Malaysian company must appoint at least two local resident directors. Thereafter, an unlimited number of local and international directors may be appointed. However, only individual directors are allowed - corporate directors are not. The company must also appoint at least two shareholders, who can be any nationality. Corporate and individual shareholders are permitted.
3.
Following Malaysia company registration, company details are available for public viewing through the CCM. Details available include shareholders and directors, date of incorporation, share capital and registered address.
4.
After Malaysia company registration, it is necessary to appoint an approved auditor in Malaysia and submit audited financial statements and an annual corporate tax return to the Inland Revenue Board of Malaysia.
5. For more detailed information on Malaysia company registration, purchase our Asia Business Setup book.
More information
For more detailed information on establishing a company in Malaysia please refer to Healy Consultants' Asia Business Setup guide.
Contact Us
For more information on Malaysia company registration, email email@healyconsultants.com or call us at (+65) 6735 0120.
Buy the Malaysia chapter of Healy Consultants' Asia Business Set Up book for US$100, to order call +65 6735 0120 or e-mail email@healyconsultants.com

 

 

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