Engaged In Trading Companies in Malaysia

Engaged in trading companies in Malaysia are required to be registered with the Companies Commission of Malaysia (SSM) and to comply with the Companies Act 2016. The registration process is simple and can be done online.

Once registered, a company must maintain a registered office in Malaysia and appoint at least two directors who are ordinarily resident in Malaysia. A company must also have a company secretary who is a natural person and resident in Malaysia.

A company must keep proper accounting records and prepare financial statements in accordance with the Companies Act 2016 and the Financial Reporting Standards. These financial statements must be audited by a registered auditors.

A company must also submit an annual return to the Companies Commission of Malaysia within thirty days from the date of its annual general meeting.