General Traders - Dormant Companies in Malaysia

A general trader is a company that is registered with the Companies Commission of Malaysia (SSM) as a trading company. A general trader carries out business activities that involve the buying and selling of goods and services. These activities can be carried out either in Malaysia or overseas.

A general trader can be either a sole proprietor or a partnership. A general trader can also be a private limited company or a public limited company. A general trader that is a private limited company is required to have a minimum paid-up capital of RM2,500. A general trader that is a public limited company is required to have a minimum paid-up capital of RM5,000.

A general trader is required to renew its registration with the Companies Commission of Malaysia every year. A general trader is also required to submit its audited financial statements to the Companies Commission of Malaysia every year.

A general trader that is dormant is a company that is not carrying out any business activities. A dormant company is a company that has been registered with the Companies Commission of Malaysia but is not carrying out any business activities.

A dormant company is not required to submit its audited financial statements to the Companies Commission of Malaysia. However, a dormant company is required to submit