4 Steps to Register a Company in Malaysia with SSM - PowerPoint PPT Presentation

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4 Steps to Register a Company in Malaysia with SSM

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Setting up business in Malaysia is a great opportunity for business professionals. The market-oriented economy of Malaysia, stable political condition and larger business community have made this country one of the highly competitive manufacturing and export bases. This is why most of the international business entrepreneurs want to set up business in the country. However, every country has its rules and regulation of setting up business in the country. In Malaysia setting up your own business could be hassled if you don’t know the actual procedures of company registration. The documentation process for company registration may vary depending on the type of business. There are lots of business consulting firm in Malaysia; they can help you out with their suggestion and service. – PowerPoint PPT presentation

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Title: 4 Steps to Register a Company in Malaysia with SSM


1
4 Steps to Register a Company in Malaysia with SSM
2
Do you want to register your company in Malaysia?
If Yes! You are at the right place. This article
will guide you with information regarding company
registration in Malaysia through SSM online
portal, i.e. ssm-einfo. Registering a business in
Malaysia is not that complex and you need to
follow some simple steps to get your company
registered under Company Commission of
Malaysia (Suruhanjaya Syarikat Malaysia)
3
  • Step 1 Brainstorm Company Names
  • It is recommended to get a trade name for your
    business. A company trade name should not be like
    your personal name the trade name should look
    more professional. So, for trade name
    registration you should at least have three name
    suggestion written on Borang PNA 42 form. Among
    those three names, only one name will be
    registered by SSM upon verification. Your
    business name should be
  • Unique
  • Easy to remember
  • Must be relevant to the business

4
Business Name Trade Name A business name and
trade name are not the same. A business name is
the name of a person who owns the company, more
appropriately its the name of the person whose
name is used in the government forms or
application for business registration. However,
the trade name is another form of the legal
business name. Its a kind of a name that is used
for sales or advertising purpose. The trade name
is almost like a brand name that everyone sees
for example- Adidas, Nike, Netflix, etc.
Sometimes similar kind of name can also be used
as a business or trade name.
5
  • 2. Check Company Name Availability
  • By using SSM online system, you can check the
    availability of your company name. It is
    essential to check the name availability because
    another company might already be using a similar
    kind of name that you want to use. Name search
    also minimizes the possibility of name rejection
    by SSM. The steps of company name search via
    online are shown below
  • You must visit www.ssm-einfo.my

6
  • Click on the icon of Register as an e-account
    member.
  • Now fill the registration form with appropriate
    information and click on Submit.
  • You will receive a message with login
    information.
  • Login into your account by using appropriate
    username and password.
  • Once you successfully logged in, click on the
    search icon.
  • Now enter your company name in the search box and
    search of the name availability.

7
3. Complete BORANG PNA 42 BORANG A
Form BORANG PNA 42 Form is required for company
trade name registration. You must fill the form
with appropriate information including 3 names
of your company and explain the type of
business that you are going to operate. Once you
complete BORANG PNA 42, you must attach it with
BORANG A Form. The BORANG A form must include the
data of business incorporation, business code,
shareholders details, type of the business.
8
  • 4. Submit the Forms
  • You need to submit the forms to SSM head office.
    The local partners of your company must be
    physically present during the submission of the
    forms. The requirement is
  • Your partner must have Malaysian citizenship.
  • Must have a permanent resident.
  • Should be at least 18 years old.
  • It is important that a person respects government
    rules and regulations before opening a business.
    This is the key to the success of your business.
    Clients will have trust in a registered company
    that is not registered, and the owner of the
    company will conduct the job smoothly, he knows
    that he is legal.

9
Conclusion Setting up business in Malaysia is a
great opportunity for business professionals. The
market-oriented economy of Malaysia, stable
political condition and larger business community
have made this country one of the highly
competitive manufacturing and export bases. This
is why most of the international business
entrepreneurs want to set up business in the
country. However, every country has its rules and
regulation of setting up business in the country.
In Malaysia setting up your own business could be
hassled if you dont know the actual procedures
of company registration. The documentation
process for company registration may vary
depending on the type of business. There are lots
of business consulting firm in Malaysia they can
help you out with their suggestion and service.
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