To Carry On Business Of Properties Companies in Malaysia

A property company in Malaysia is required to have a valid business license in order to operate legally. The company must also comply with the Companies Act 1965 and the Companies Commission of Malaysia (CCM) regulations. In order to be registered as a property company, the company must have at least two directors and a minimum paid-up capital of RM2 million. The company must also have a registered office in Malaysia.

A property company in Malaysia is allowed to engage in a variety of business activities, including the development, construction, sale, and management of properties. The company may also provide other services related to property, such as property valuation, architectural and engineering services, and project management.

A property company in Malaysia is subject to income tax at the corporate tax rate of 24%. The company is also required to pay stamp duty on property transactions, as well as property taxes.