Malaysia Company Registration
In Malaysia, the business company registration can be one of the ways:
- By a sole proprietorship business
- By two or more (but not more than 20 people) the partnership
- According to the provisions of the company law in 1965 in local registered company or foreign company
All shall be owned and partnership according to company act in 1956 to Malaysia company business registration registration committee. The partners in partnership enterprise shall, when insufficient funds for the debts of the venture jointly and severally and assume responsibility. Partners can be worked in partnership contract for the formal each partner of right and obligation, but this is not compulsory.
Corporate Structure
1965 company act covers all the companies in Malaysia. The law to the people to business shall be registered company with company committee. The law has the following categories:
- Co. Ltd, the member of the individual assumes the face value of the shares to which the shares subscribed for holding or agreed to share.
- Guarantee Co. Ltd, namely when the company shall bear the liquidation, members of the debt, the organization and the articles of association of the outline specified amount.
- The company, its members infinite debt is infinite.
Limited Company
The company structure, the most common Malaysia to a joint stock limited company. This company can be divided into private limited company and public companies.
Co. Ltd. Is a private company, can be registered its articles of association and the:
- limited stock transfer rights
- The maximum limit for 50 members, employees and some left except employees
- prohibit invite public subscription shares and bonds
- Prohibit public deposit in company invited
Public companies can be directly, Another method is in 1965 company law article 26 for the public to private companies change. These companies can be sold to the public offer shares, if:
- it to the securities regulatory commission has registered its prospectus plan
- The company already issued on or before the prospectus plan to submit a company regulatory commission
The public company may apply for the shares listed on the stock exchange in Kuala Lumpur, but must observe the regulations formulated by the exchange. After the issuance of securities (for example, because buy shares issuer or bonus, or for the sake of issuers), shall obtain the approval of the securities supervision committee.
Company Registration Formalities
All registered company, shall apply to the company with application form 13A committee, and pay 30 ringgit appraisal proposed can be used if company name. If application will be approved, and proposed the name is reserved to applicants for 3 months.
Authorities in three months to submit the following documents to ensure company committee proposed company name can be used:
The organization, outline and articles of association
According to law, (6) declaration form,
Here was appointed in before the company directors or promoters of previously established in the company 48A affidavit (form),
Company organization program records company’s name, aim, proposed the registered capital (if any) and the amount of the capital amount into fixed amount of shares.
The articles of association of the company under the jurisdiction of the internal affairs described the operation management and business rules.
Registration certificate issued, the organization of the outline of a company or subscriber, along with other members of a corporation, which is already registered company ability to exercise the function, can accuse others also can be sued. It can be in accordance with company’s stamp is forever, has the power to inherit the land, but the company owns must be liquidated when members pursuant to the company to make contributions of the assets of the company.
For local registered company ammeters
Company shall maintain a register office within Malaysia, as the preservation in accordance with the provisions of all documents. Company’s stamp and document the Roman letters can be read by showing company name and company Numbers.
Company shall not be engaged in stock trading or hold itself to the holding company stock. The public company each share in the company shareholders vote only one ticket, but it can be a private company shareholders may have different voting.
The company secretary shall have the legal age for main natural, he is in the residence of Malaysia. He must be a specified group members that has obtained the license issued. Companies also shall appoint an approved by the company auditors in Malaysia as company auditors.
In addition, the director of the company for at least 2 people, their main or only residence is in Malaysia. The public company or its subsidiaries of the directors shall not exceed the average age of 70 years old. Company directors and shareholders need.
Foreign Company Registration
To set up business in Malaysia or business premises of the foreign company shall apply to the company registration committee. According to the program, application should be submitted in accordance with the company in Kuala Lumpur 13A form in the domestic commission or any branch, and the cost of 30 ringgit attached. If the proposed company name can be used for approval is reserved for company name, for three months.
The applicant shall submit the following documents in approval to company commission:
- a former registration of company registration certificate (or are equally authentic documents) verification copy
- A company organization association or other components in the articles of association of the company according to the test copy
- A list and some related director of their legal details (79) form,
- If there is a local director, director of the power of the memorandum clarified
- an attorney, authorized by one or more people live in Malaysia on behalf of the company to accept the law should be allocated writs and any notice of the company
- Agent and in accordance with the provisions of the format (80) affidavit
Appointed agent is responsible for the company according to law shall be executed in 1956 all matters. If there is any change agent, must notice board.
Foreign company shall be established in the business premises or open a month, according to the approved registration form to the company registered in Malaysia committee office address.
Foreign companies annually in its annual shareholders shall, within one month after the meeting in an annual report, and in its annual shareholders meeting after two months, submit a company’s balance sheet, a copy of the audited account table to elucidate the horse involved in operating assets and liabilities, and a copy of the statement of the audit.




