Commercial Business Companies in Malaysia

A commercial business company in Malaysia is a company that is registered with the Companies Commission of Malaysia (SSM) and is engaged in commercial or business activities. This type of company is also known as a Sendirian Berhad (Sdn Bhd) company.

The main purpose of a commercial business company is to make a profit from its business activities. To do this, the company must carry out business activities that generate income. This income can be in the form of sales revenue, service fees, or other forms of income.

A commercial business company must have at least two directors and a minimum paid-up capital of RM2,000. The company must also have a registered office in Malaysia.

A commercial business company can engage in any type of business activity, except for those that are restricted or prohibited by law. Some examples of restricted or prohibited business activities include banking, insurance, and gambling.