To Carry On The Companies in Malaysia

The Companies Act 1965 is the main legislation governing company law in Malaysia. It provides for the incorporation of companies, their registration, management, and winding up. The Companies Commission of Malaysia (SSM) is the statutory body responsible for administering and enforcing the Companies Act.

Under the Companies Act, a company may be either a public or a private company. A public company must have a minimum of seven members and a maximum of fifty. A private company must have a minimum of two members and a maximum of fifty.

A company must have a registered office in Malaysia, and its principal place of business must be in Malaysia. A company may be incorporated in Malaysia by two or more persons who subscribe to its memorandum of association and comply with the requirements of the Companies Act.

The Companies Act requires that a company must have a common seal, which must be kept at its registered office. The common seal must be used on all documents executed by the company, such as contracts, deeds, and share certificates.

A company must keep proper books of account, which must be available for inspection by the company’s members and the public. The books of account must be kept at the company’s registered office or at such other place as the