Business As Manufacturers Companies in Malaysia

Business as manufacturers companies in Malaysia are subject to the Companies Act 2016 and the Companies Regulations 2018. Under the Companies Act 2016, a company must have at least two shareholders and a board of directors. The board of directors must have at least three members, and at least two of the members must be independent directors. The Companies Regulations 2018 requires that a company must have a registered office in Malaysia and a company secretary. A company must also maintain a register of shareholders and a register of directors.

The Companies Act 2016 and the Companies Regulations 2018 provide for the incorporation of companies in Malaysia. A company may be incorporated as a private company or a public company. A private company is a company which has a maximum of 50 shareholders and which is not required to have a minimum share capital. A public company is a company which has a minimum share capital of RM2 million and which is required to have at least seven shareholders.

A company must have a registered office in Malaysia. A company must also maintain a register of shareholders and a register of directors. A company must appoint a company secretary who must be a natural person and must be resident in Malaysia.

A company must prepare financial statements in accordance with the Companies Act 2016 and the Financial Reporting Standards. The financial statements