Business Of Making Companies in Malaysia

The business of making companies in Malaysia is a process that involves the incorporation of a company, which is then registered with the Companies Commission of Malaysia (SSM). The process of company formation in Malaysia generally takes between two to four weeks.

The first step in the process is to submit the required documents to the SSM, which include the company's memorandum and articles of association, a list of the company's directors and shareholders, and the company's registered address. Once the SSM has received these documents, they will carry out a search to ensure that the proposed company name is not already in use.

Once the SSM has approved the company name, the next step is to pay the incorporation fee, which is currently RM1,000. After the fee has been paid, the SSM will issue a Certificate of Incorporation, which is valid for a period of one year.

The company must then open a bank account in its name and deposit the required share capital, which is currently RM1,000. The company must also appoint at least two directors, who must be Malaysian citizens or permanent residents.

Once the company has been incorporated, it must comply with various legal requirements, such as filing annual returns and holding annual general