Learn about the different types of winding up in Malaysia and the general procedures involved in each type of winding up. Winding up is a term used to describe the process of closing down or dissolving a company. The winding up activity includes selling all assets, paying off creditors, and distributing the remaining assets to Read more about Winding Up 101[…]
Find out what is a shareholder in Malaysia and how is a shareholder different from a director. We will also cover some of the basic rights of a shareholder.
Background of Audit Exemption in Malaysia If you are the owner of a Private Company (Sdn Bhd) you will know exactly how much work is involved in preparing your annual audited report. If you are not aware, please see our article HERE. In short, a Private Company must appoint an auditor for each financial year of Read more about How to qualify for Audit Exemption in Malaysia? (with Example)[…]
Learn about paid up capital in Malaysia. Find out if there is actually minimum requirement.
A Private Limited Company (Sdn Bhd) is commonly the preferred form of business for new start-ups and SMEs to conduct business in Malaysia, mainly because of the ability to conduct equity fundraising. The main reason I prepared this article is because I discovered that most (if not all) reading materials available online only mention WHAT is the Read more about Incorporation: Basic on How to Prepare for Annual Compliance Requirement for Private Limited Company (Sdn Bhd)[…]
(Find out what I think about setting up a Limited Liability Partnership (LLP) in my article on How To Choose Suitable Business Entity) Did I not say don’t go for LLP yet? Anyways for academic purposes, here is how you can go about it: Limited Liability Partnership (LLP) Go to Suruhanjaya Syarikat Malaysia (SSM) a.k.a Companies Commission of Malaysia Read more about Registration of Business in Malaysia: Limited Liability Partnership[…]
(If you don’t know which business entity to choose and what are your options, go to this article first , To Choose Suitable Business Entity) WARNING: Conducting business without registration is an offence which is punishable with fine not exceeding RM50,000.00 or imprisonment not exceeding 2 years or both. No doubt SSM got better things to do than Read more about Registration of Business in Malaysia: Sole Proprietorship & Partnership[…]
Why do you need to register a business? It is important to register your business based on the common types of business setup in Malaysia because conducting business without registration is an offence which is punishable with fine or imprisonment. But more importantly, running an unregistered business also means that your business is illegal and Read more about 3 Types of Business Setup in Malaysia[…]
(Please read Incorporation of Private Limited Company (Sdn. Bhd.) to have a better background understanding before reading this article) In Malaysia for the longest time it is a standard practice to engage Certified Company Secretary (such as myself – I paid myself for this paid advertisement) to incorporate a Private Limited Company (Sdn. Bhd.) on your behalf. However, Read more about Incorporation: Choosing Your Company Secretary for Private Limited Company[…]
We have assisted numerous local and foreign startup, social enterprise, SME and MNC to incorporate a Company in Malaysia. Use the following links to: LATEST UPDATE ON HOW TO INCORPORATE A COMPANY IN MALAYSIA (SDN BHD COMPANY) First of all, pursuant to the New Companies Act 2016 (came into force w.e.f 31 January 2017), the process for Company Registration Malaysia Read more about How to Start a Company in Malaysia (i.e. Sdn Bhd Company)[…]