COMPANY REGISTRATION/ COMPANY FORMATION/ COMPANY INCORPORATION MALAYSIA
Company registration is the process of having a legal identity in foreign countries which will allow you to do business in that particular country. The rules and regulations vary from country to country. Some countries allow foreigners to register 100% foreign companies, some countries require locals to be a part of foreign companies.
All countries have their particular guidelines & regulation, phrases & factors for foreign business registration. If you wish to start your own business in foreign countries, you should keep tracking the economic condition or growth of that country. For foreign company registration requires few documents like passport copy, proof of address etc. After registration clients will receive company registration certificate, particular of directors, Particular of company secretary, Company bank account with foreign currencies etc.
Company Registration in Malaysia for Foreigners – The Process
By doing Company Registration in Malaysia for foreigners, the client will be getting a legal entity so after having the company in that particular country they need to submit their annual tax and audit annually by the secretarial firm. Register a company in Malaysia is quite easy where clients can register a brand-new company, can relocate their existing company from home town in Malaysia as a branch office. At Premier Three Consulting Firm, we try to set up your new business through a smooth process with our extensive experience and will advise you post-registration legal formalities as well. These are the steps:
- To register company, client needs to come up with a minimum of 3 proposed company names.
- Use our free virtual registered address service for Registration.
- After the name reservation is done, company secretary can submit required checklist for company registration.
- Once the registration is done successfully, we request our clients to visit physically for bank account opening. We are the only one company in Malaysia who can open business bank account for any nationality with any foreign banks (HSBC, OCBC, STANDARD CHARTERED, UOB, MAY BANK).
- Once bank account is opened, we will assist to apply local business council license which is known as Signboard and Premise License.
- Consult with our advisors to know the appropriate licenses for your business, like:
- We will be assisting clients to submit audit and tax, annual return on time.
- For monthly or yearly accounting, we are here to give you the best service with affordable packages.
- Choose Our Incorporation Packages with BEST VALUE FOR MONEY
New Company Registration Malaysia: Contact to Know the Fee Details
SDN BHD Registration Malaysia – Requirements
Private Limited Company (LLC) known as SDN BHD company is a commonly used type of company for foreigners. For SDN BHD registration in Malaysia, you need to get a name approval from Suruhanjaya Syarikat Malaysia (SSM), only then company Secretary can submit signing pre-incorporation documents to SSM for getting Incorporation approval. To register company, clients must need to provide below information’s to submit at SSM:
- Minimum 3 proposed company name
- Nature of Business
- IC/ Passport copies of all shareholders and directors (Color Copy)
- Percentage of shareholdings
- Valid email address, Contact number for all shareholders, directors
- Residential address for all members.
To make sure the safest business journey in foreign countries for you Premier Three Consulting Firm is there as your legal advisor and start your company with us today.
FREQUENTLY ASK QUESTIONS:
- What is the benefit of registering SDN BHD?
- Malaysia SDN BHD is the most popular type of business where investors seek for separate legal identity from Company.
- What is the minimum paid-up capital to register 100% foreign shareholding company?
- RM 1
- What are the paid-up capital requirements to apply for a visa?
- It depends on company shareholding like
- For 100% foreign shareholding- RM 500,000(service sector)
- For 100% foreign shareholding- RM 1 million (Trading sector)
- For 51% local shareholding- Rm 350,000
- For 100% local shareholding company- RM 250,000
- How much is the corporate tax for SDN BHD Company?
- First Rm 500,000 at 17%, after that 24%
- How long it will take to register a SDN BHD?
- 3/4 working days.
- Can a foreigner set up 100% foreign shareholding Company?
- Yes, with minimum 1 shareholder and 1 director foreigner can register 100% shareholding company.
- What are the job scopes for Company Secretary?
- Acting as named qualified licensed Corporate secretary
- Maintain Minutes and registry books
- Prepare board resolutions
- Submit annual return and income tax filing
- Ensure compliance with relevant legal requirements as per Company Act.
To make sure the safest business journey in foreign countries for you Premier Three Consulting Firm is there as your legal advisor.
Do not hesitate to Contact Us today for immediate Service.
Call/Whatsapp(+60 12-456 0688) us now.
