Requirements for Registering Sendirian Berhad company - PowerPoint PPT Presentation

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Requirements for Registering Sendirian Berhad company

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To register a Sendirian Berhad (Sdn Bhd) company in Malaysia, you'll need to provide a proposed company name, at least one director and shareholder who are Malaysian residents, a registered office address, and a completed registration form. Ensure compliance with the Companies Commission of Malaysia (SSM) regulations and submit required documents. – PowerPoint PPT presentation

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Date added: 9 August 2024
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Title: Requirements for Registering Sendirian Berhad company


1
Requirements for Registering
Sendirian Berhad company
2
Overview
A Malaysia Sdn Bhd company, or Sendirian Berhad,
is a popular private limited company in Malaysia,
regulated by the Companies Act 2016 and the
Companies Commission of Malaysia (SSM). It offers
limited liability, protecting shareholders'
personal assets from company debts, and operates
as a separate legal entity, enabling it to own
assets, enter contracts, and conduct business
independently.
3
Sdn Bhd Company Incorporation Requirements
To incorporate a Sendirian Berhad (Sdn Bhd)
company in Malaysia, you must meet several
requirements. Heres a detailed list
4
Reservation of Company Name
Select a suitable company name and reserve it
with the Companies Commission of Malaysia (SSM).
Ensure the name adheres to guidelines for
uniqueness, appropriateness, and legality.
5
Minimum Shareholders
A Sdn Bhd should have a minimum two and maximum
up to 50 shareholders.
6
Directors
Appoint at least one director who is a Malaysian
resident and over 18 years old. Foreigners can
also serve as directors, provided there is at
least one resident director.
7
Company Secretary
Appoint a qualified company secretary within 30
days of incorporation. The secretary must be a
member of a recognized professional body or
licensed by SSM.
8
Registered Office
Maintain a registered office in Malaysia for
receiving and sending official communications and
notices.
9
Minimum Paid-Up Capital
Declare a minimum paid-up capital of RM1 during
registration, though a higher amount is
recommended to better support the business's
operations.
10
Memorandum and Articles of Association (MA)
Prepare the Memorandum and Articles of
Association (MA), detailing the company's
constitution, objectives, and operational rules.
11
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