Non Trading Companies in Malaysia
A non-trading company is a company that does not have any commercial or industrial activity. Non-trading companies are usually set up for holding investments, providing services or for other non-operational purposes.
In Malaysia, non-trading companies are governed by the Companies Act 1965. Under the Act, a non-trading company must have at least two shareholders and a maximum of fifty shareholders. The company must also have a paid-up capital of at least RM2,000.
A non-trading company cannot carry out any business activity except for the following:
- Holding investments
- Providing services
- Undertaking any activity that is incidental or conducive to the attainment of the company’s main objects
A non-trading company must also prepare financial statements and submit them to the Registrar of Companies annually.
In Malaysia, non-trading companies are governed by the Companies Act 1965. Under the Act, a non-trading company must have at least two shareholders and a maximum of fifty shareholders. The company must also have a paid-up capital of at least RM2,000.
A non-trading company cannot carry out any business activity except for the following:
- Holding investments
- Providing services
- Undertaking any activity that is incidental or conducive to the attainment of the company’s main objects
A non-trading company must also prepare financial statements and submit them to the Registrar of Companies annually.
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CAPITAL DELIGHT SDN BHD - 1105693-A
BILLION MASS SDN BHD - 1105669-K
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