Most Frequent Questions and Answers
Small and medium-sized enterprises or small and medium-sized businesses are businesses whose personnel numbers fall below certain limits.
Company secretarial, accounting services, tax services, human resource services, payroll service and advice, business advisory/startup assistance, company profile/webpage designing, registration of MOF, CIDB , SST , MPPJ, consultation on business planning and branding, software for accounting , inventory , payroll , CRM.
Incorporation is the legal process by which a business entity is organized and brought into existence. The process of incorporation involves writing up a document known as the articles of incorporation and enumerating the firm’s shareholders.
Yes, and it can be 100% foreign owned by you, with a minimum RM500,000 paid-up capital depends on the nature of business. For retail, wholesale and distributive business natures, the 100% foreign ownership Sdn Bhd Company will be subjected to Ministry of Consumerism and Trade and only “unique” (businesses that local Malaysians do not have the knowledge or skills) business will be granted, this is to protect Malaysians opportunities and competitions. For some business nature, the paid capital would higher to meet the necessary requirement of the relevant authorities to issue the trade license or work permit for your business.
Ms. Lavinsaa a/p Paramasivam
Doctorate Candidate, CA (MIA), MBA Bachelor (Hons) Degree
Managing Director of Bayabumi Sdn.Bhd.
Benefit of SDN.BHD :
1) Limited Liability – Personal Wealth Protected
2) Separated entity for continuous existence
3) Lower corporate text rates.
4) Ability to raise fund.
5) Market Perception
6) Separated Entity for Transferability of Ownership.
Every company being registered as Private Limited (Sdn.Bhd.) owned by local Malaysians or foreigners required the appointment of a minimum of one Company Secretary. The roles and duties of Company Secretary in Malaysia are clearly defined in Secretary Association with their licenses are also governed and regulated by the Company Commission of Malaysia. Company Secretary is to assist your Company (Sdn. Bhd.), acting as the official liaison party for your company to communicate, preparation and submission of Statutory Returns with the Companies Commission of Malaysia (SSM) in compliance with Statutory Requirements under Malaysia’s Companies Act,2016
Yearly maintenance for Malaysian SDN.BHD is a must to appoint a company secretary ,audit and tax agent, whereas Labuan Internatinal Company only requires the appointment of secretary and the auditor is applicable depends on your business nature and tax agent is not required.