Incorporate Your Business in Malaysia
The demand for Malaysia Company Incorporation services continues to accelerate. We at Exotic Group understand why Malaysia is attracting so much corporate interest, please refer to our Article Why Setup Company in Malaysia.
To incorporate a Company with SSM (Companies Commission of Malaysia) but this need to be done through a certified company secretary. Exotic Secretarial Solutions PLT is a Malaysia company formation agent registered with SSM who can help you register of business Malaysia.
We’d like to share our expertise with you about Malaysia Company Registration. As a reliable provider of Malaysia company incorporation services, we are in a unique position to offer you a FULL array of formation agents services at the most attractive prices and help you opening a company in Malaysia.
When setting up a company in Malaysia, it is important that you engage the services of the correct team to assist you. Exotic Group is your reliable service provider that would assign a team of qualified professionals including accountants who are registered with MIA, CTIM registered tax agents, GST agents licensed by the Ministry of Finance, to see to your needs for the incorporation of your Malaysia company.
Do check out Why Exotic Group’s Company Incorporation Package is a preferred package in our network.
Exotic Group could help you to register your new company in Malaysia at RM3,000 ONLY.
You are required to take up our Secretarial Services Package of RM3,000 to enjoy above promotional company formation fees.
We Welcome You to register Sdn Bhd in Malaysia
If you’re in our neighbourhood and would like to discuss any aspect of our Malaysia company register services, please feel free to visit us at our offices during our business hours for Malaysia business registration. We recommend that you make an advance booking of your proposed visit to avoid any unnecessary delay on company registration in Malaysia.
INCORPORATION OF A COMPANY MALAYSIA UNDER THE COMPANIES ACT 2016
Generally, Company Limited by Shares is the most common business vehicle to carry out business in Malaysia which provides limited liability status to its shareholders.
Requirements to form a Malaysia company
The requirements to form a company are:
- a minimum paid-up capital of RM1 only
- a minimum of one (1) subscriber to the share(s) of the company
- a minimum of one director who are at least 18 years of age and are residing in Malaysia. He/she is not a bankrupt and has not been convicted and imprisoned for a period of past 5 years. Exotic Group can provide you the Local Resident Nominee Director Service if required for at extra charges.
- a minimum of one Company Secretary (Company Secretary must be a member of any one of the prescribed professional bodies or licensed by the SSM). Exotic Secretarial Solutions PLT can provide you the Company Secretarial Services at a fee.
- must have a registered office in Malaysia to which all communications and notices may be addressed. It is normal practice in Malaysia to have the secretarial office as the registered office. (This is included as part of our Company Secretarial Services)
Refer to our services for more information about Exotic Group services package details.
When you turn to Exotic Group for register business Malaysia, you are assured of quick yet thorough processing that results in an incorporated company that complies with all existing statutes, laws and regulations. We take care of all the Malaysia Company SDN BHD Registration details so that you can devote your energies to strategic planning, marketing, financing and operations, in other words, all the big-picture tasks an entrepreneur needs to consider when launching and opening a SDN BHD company in Malaysia. Registration of business in Malaysia has became so easy and everyone can register of business Malaysia hassle free with Exotic Group.
This standard Company SDN BHD incorporation packages suitable for local entrepreneurs to register of company Malaysia. This company registration Malaysia package not suitable for you and you are required nominee director services? No worry, please refer other Malaysia company registration services packages.
The Standard Malaysia Incorporation services package includes the following:-
- Professional Fee for preparing & submission of documents for Formation of Private Limited Company
- One proposed company Name search
- Government Registration fee
- Supply of Corporate Information to Agencies
- Application of Certificate of Incorporation
- Bankruptcy Status Search (1 director)
- First Board of Directors’ Meeting Minutes
- Free Register Book
- Free Minute Book
- Free Common Seal
- Free Share Certificate Book
- Free Secretarial File
- Free Miscellaneous File
- Free Audited Accounts File
- Others : Printing & Stationary, Travelling & Courier charges on Formation, Telephone, Fax & Internet
NOTES FOR THE MALAYSIA COMPANY INCORPORATION PACKAGE
Company’s Paid Up Capital Requirements For Licensing or Employment of Expatriate
There will be different requirements for paid-up capital for different licensing or application employment Further details, please refer Company’s Paid Up Capital Requirements For Employment of Expatriate.
*The adoption of Constitution under the Companies Act 2016 (CA 2016)
* The adoption of Constitution is optional under the Companies Act 2016 (CA 2016) and if you are interested to adopt our standard Constitution for your company, our fee is RM1,500.00 which excluding the disbursement and SST. Extra charge for customisation of Constitution applies. Amongst the special clauses included in our standard Constitution are as follow:-
Signing of board resolution by majority of directors (signing by all directors as required under CA 2016)
Adoption of common seal (which is useful when client enter into the agreement or execute the government authorities’ documents especially land office)
Kindly note that some banks would require confirmation letter from Company Secretary that it has no Constitution and our fee for issuance of such confirmation is RM120.00 which excluding the disbursement and SST. In Malaysia, as different bank has different requirements, please check with your preferred bank directly on this requirement for opening of bank account.
** Certificate of Incorporation
* *You may Add-on Certificate of Incorporation at RM120 Without SST. (SSM will issue this certificate upon application by the company and on payment of prescribed fee)
* You may Add-on one company seal at RM120 Without SST. (companies no longer required by law to have a common seal)
** You may Add-on one rubber stamp at RM50 Without SST.
***** Initial paid-up capital for your company.
***** Our incorporation fee package does not include the initial paid-up capital for your company. Please note the initial paid-up capital is to be treated as cash advances from the shareholder(s) to the company. Nevertheless, it is the discretion of the Company on how it is to be accounted in your books.
Exotic Secretarial Solutions PLT understands that you want to get started right away and register Company SDN BHD in Malaysia. We are small enough to nimbly respond to all of your needs on register of company Malaysia, yet big enough to provide all the services a new corporation requires. Don’t miss critical business opportunities due to red tape on Malaysia business registration! Trust our Exotic Secretarial to support your speedy corporate launch and company register Malaysia with a unique package of services available nowhere else in Malaysia. Exotic Group offers the best company incorporation package in all of Malaysia.
Malaysia Company Registration has never been so easy! Most economical & best in Malaysia!
Our office in Malaysia utilizes outsourced reputable security system on top of the building security control in-and-out gate and the building security guards. The 24 hours central monitoring system and 24 hours armed response team will assured you with our 3-tiers security systems to prevent and minimize the possibilities of loss of secretarial file, secretarial file get burned or secretarial file stolen.
INFORMATION REQUIRED FOR COMPANY REGISTER MALAYSIA
Information Required for Malaysia Company Registration
- Proposed company names with its meaning
- Principal business activities of the proposed company
- Photocopy of all directors & shareholders NRIC or Passport *, **
- Latest proof residential addresses of all directors such as utility bills (if different from IC)
- Paid-up capital information
- Business occupation, email and contact number of all directors & shareholders
- Percentage of shareholding of each shareholders
* It is a statutory requirement to have at least one resident directors for setting-up a private limited company in Malaysia. Other than a local Malaysian who permanently resides in Malaysia, any foreigner with a Resident Talent Pass (RPT) / permanent resident (PR) / MM2H holder also qualified to be considered as Resident Director to register business Malaysia. In the absence of these, you may consider to subscribe to our Nominee Director Services.
** If the shareholder is a corporate entity, please provide the corporate shareholders copy of the registration documents containing the Certificate of Incorporation, Memorandum & Articles of Association/Constitution and Certificate of Incumbency or equivalent document (Click Certificate of Incumbency to download the sample). If the shareholder of the corporate shareholder is also a corporation, please provide a similar set of the registration documents as mentioned earlier. Such requirement is necessary for all corporate shareholders until the ultimate individual shareholder(s) is/are identified. Please also provide details of the corporate representative(s) of all corporate shareholder(s) together with written documents showing the authorisation given by the corporate shareholder(s) to the corporate representative(s).
STEPS TO INCORPORATE
- We will perform company name search to check availability of the proposed name(s) and get back to you within 24 hours (please refer to Guide to select your Company Name)
- Email us on the name to be reserved together with the required information and payment slip for our professional company formation fees
- Upon receipt of payment, the company name will be reserved at your request
- Once name approved by SSM , we will prepare full set of registration documents
- Signing of documents at Exotic Group office by all directors & shareholders
- Upon signing, we will proceed to incorporate the company with SSM
- Issuance of Notification of Incorporation by SSM
- Once the company is incorporated, we will email you all the relevant documents for records.
Should you have any questions about Malaysia Company SDN BHD formation / Company Search, please email us at info@exoticbs.com and we will promptly reply within 24 hours.
Please note that the incorporation timeline is very dependent on the accuracy and completeness of Malaysia company register information and documents and also subject to the availability & stability of SSMs MyCoID online system.
Choosing the right partners to take care of your business is one of the most important aspect for a successful business.
We also can help you with work pass application to facilitate your company’s hiring of foreign talents, if required, and also to support you in payroll services. As soon as your business starts operation, our qualified accountant, tax agent and GST agent will be there to help you with business advisory which can subscribe later.
If you require a local nominee director for your Malaysia company, it is very important to appoint a competent person to assume the role.
Our nominee director services with economical fees but guaranteed high quality of services is one of the best deal in the market. A wrong choice in the appointment may bring dire consequences to the company. To understand more, please refer to our write-up regarding “Appointing the right person as your Nominee Director”.
When you engage Exotic Group, you will be able to enjoy FREE monitoring of filing deadlines assisted by our Compliance Officer through emails. We have dedicated Compliance Team to follow-up personally and assist you with all compliance matters up to the filing of annual returns. Most other firms may claim that they also have reminder system but will depend on electronic auto-mailers without any personalised monitoring. Such auto-mailers may end up in spam mailboxes or encounter certain technical failure resulting in non-delivery. You do not want this to happen as it will cause you to miss the deadlines and end up with summons or fines.
In accordance with the Companies Act 1965, any director who fails to comply with the requirements shall be guilty of an offence and shall be liable on conviction to a fine of RM5,000 and also a default penalties each for failure to comply with S143 & S169. Under the new Companies Act 2016, the penalty for non-compliance generally range from RM50,000 onwards.
Wrong advice can be painful. Inexperienced agents who do not have sufficient qualification or knowledge will not be able to provide proper advice in accordance with the requirements of the rules and regulations.
In short, we provide you with the most comprehensive incorporation package in the market. Engage us not only because of our Mission to provide you with the Exotic services but also of our free incorporation consultation even before engagement.
So, why pay a slightly lower fees for the risk of unqualified and incompetent services? Please feel free to contact us to more information today!