Register of Companies in Malaysia and Their Role

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Register of Companies in Malaysia and Their Role
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In Malaysia, the regulator for legal entities (in
other words, the business register) is known as
the Commission for Malaysian companies. For the
local population, they are known by the local
Malay abbreviations of the English name
SSM. Register of companies in Malaysia CCM roles
means Suruhanjaya Syarikat Malaysia. SSM in
Malaysia was founded in Malaysia and was founded
in Malaysia.
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Founded in 2002, CMC has assumed this role and
assumed the functions of the Company Registration
Malaysia and the business register. These legal
powers were established in Malaysia with the
Company Secretary (ROC) and the Company Secretary
(ROB). SSM officially started working on 16 April
2002.
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Company Commission of Malaysia Roles The primary
purpose of SSM in Malaysia is to serve as an
agency that includes companies and registers that
are looking for new entrepreneurs who want to
train in Malaysia. SSM will also provide
corporate and business information to the
public. SSM launched SSM e-Info Services, a web
portal that made it easier to obtain public
information, as it is easily accessible online
after registration in SSM.
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As a leading body for corporate governance in
Malaysia, part of the responsibility of the SSM
involves the management of the monitoring and
enforcement activities to be undertaken in order
to ensure that companies respect the applicable
corporate and corporate law. SSM was revised by
the 1965 Companies Act. with the aim of
simplifying the process of including the company
in Malaysia. The review also aimed at reducing
the cost of retention in accordance with the
Malaysian business legislation.
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• The acts and provisions that fall within the
  scope of SSM include
• Company commission of Malaysia Act 2001
• Companies Act 1965
• The Business Registration Act 2016
• Trust company ACT 1949
• Kootu Funds (Prohibition) ACT 1971

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• Law A1299 Companies Act 2007
• Law on Limited Liability Companies -Act 2012
• SSM is also responsible for the administration
  and implementation of all subordinate normative
  acts made in accordance with the aforementioned
  laws. These include the following two examples
• Regulations for firms 1966
• Registration on business rules 1957