Operating Companies in Malaysia

Operating companies in Malaysia are required to comply with the Companies Act 1965, which stipulates the minimum requirements for the registration and operation of a company in Malaysia. Among other things, the Act requires that a company have at least two directors, a company secretary, and a registered office in Malaysia.

The Companies Act also requires that a company keep proper books of account and prepare financial statements in accordance with generally accepted accounting principles. These financial statements must be audited by a registered auditor.

In addition to the Companies Act, operating companies in Malaysia must also comply with other laws and regulations, including those relating to taxation, labour, and the environment.