Dealing In Computers Companies in Malaysia

Dealing in computers companies in Malaysia are subject to the Companies Act 1965. Under the Companies Act, a company is defined as a "legal person" and therefore has the same rights and obligations as an individual. This means that a company can enter into contracts, sue and be sued, and own property in its own name.

A company must have at least two directors, a company secretary and a registered address in Malaysia. A company can be either private or public. A private company is one that is not listed on the stock exchange and has fewer than 50 shareholders. A public company is one that is listed on the stock exchange and has more than 50 shareholders.

The Companies Commission of Malaysia (CCM) is the government body responsible for regulating companies in Malaysia. The CCM has the power to investigate companies and take action against them if they are not complying with the law.

Dealing in computers companies in Malaysia are required to keep proper accounting records and prepare financial statements. These financial statements must be audited by a registered auditor.

The Companies Act requires companies to disclose certain information to the public, such as the names of the directors and shareholders, the company's registered address and the audited financial statements.

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