When Using SSM Online System, You Should Know These!
The SSM is also known as The Companies Commission of Malaysia (SSM). It is a statutory body formed as a result of a merger between the Registrar of Companies (ROC) and the Registrar of Businesses (ROB) in Malaysia which regulates companies and businesses.
Serving as an agency to incorporate companies and register businesses as well as to provide company and business information to the public is the main activity of SSM. Besides, as the leading authority for the improvement of corporate governance, SSM fulfils its function to ensure compliance with the improvement of corporate legislation through comprehensive enforcement and monitoring activities, also to sustain positive developments in the corporate and business sectors of the Nation.
However, when you log onto the SSM Online system, you will realize that search result on the SSM Online System is not comprehensive enough. Some company name search may present as no result shown on the website. But no result does not represent no one using the name, it could be some other reasons the name has not been displayed.
Reasons of company name searched not being displayed:
- Former name will not be displayed
Applicable to all other companies who had former names. For instance, CIMB Bank Berhad that was known as Bank Bumiputra Malaysia Berhad formerly. Hence, Bank Bumiputra Malaysia Berhad will not appear in the search result as this is a former name.
- Some company name will not be shown in search results.
The result only shows those companies started with the “keywords” that you entered.
- Accuracy on names may affect the search results
Difference in keyword entered will also affect the search results from SSM system.
To incorporate a business, company name search application is one of the fundamental application process. Company name search application is a somewhat complicated process, in order for you to experience a hassle-free application process, you may consider to engage with professional services providers.
When you turn to Bayabumi Services, you are assured of quick yet thorough processing that results in an incorporated company that complies with all existing statutes, laws and regulations.
Apart from that, you may enjoy unlimited name search for availability of proposed names for Register Company in Malaysia as well when you engage with their service.