Do you like to know the process and law to check company registration Malaysia for foreigner and local entrepreneurs? Actually company, sdn bhd is registered by 3 ways 1) limited by shares 2) limited by guarantee and 3) unlimited company. By the way, company is registered by same day if proposed name is available and taken approval. How to check company registration Malaysia and process of them are easier and company secretary will guide accordingly. First of all, company name shall be checked online if vacant, have to pay RM 100 deposit and information of nature of business, what is the meaning of company name might ask sometimes if name seems unfamiliar. Still concern, how to register a company in Malaysia as nonresident?
How Long It Takes To Register Sdn Bhd Company?
Normally It Takes 3 to 5 Days Unless Proposed Company Name Approval is Delayed
How Many Shareholders Are Required As Minimum?
1 (One), Yes Minimum One Shareholders Are Enough to Meet with Law
How Much Minimum Investment in Required?
We Recommend at Lowest of Ringgit 3000 and Later Can Increase Upon Your Need
How Many Licenses Are Need to Start Business Fully in Malaysia As Foreigner?
Well, Some Other Licenses Are Need Apart of Company Incorporation, Such As: 1) Sign Board 2) Premise 3) Export and/ Import (if Required) 4) Income Tax Certificate 5) EPF 6) SOCSO 7) ESD (If Long Time Business Visa and Foreign Staff Hiring are Need.
How to Get A Long Time Visa in Malaysia?
Well, We Shall Guide the Process of Application as Director of The Company.
What is ESD Registration?
ESD=Expatriate Service Department of Malaysia to Whom Business Visa Application is Submitted.
How Long Takes Normally to Get Long Time Visa as Investors?
Not Sure, But as Experience it Might Takes 2-3 Months Unless Any Supporting Documents Are Pending.
Who is Eligible to Apply of Company Registration Malaysia?
Anyone Who Is 18 Years Old and Have no Bankruptcy Record in Own Country
How Much is Fees of Company Registration?
Well, Government Fees Ringgit 1010/- For Any Volume of Investment Capital. Additional Changes Are: 1) Company Secretary 2) Buy Company Super Forms 3) Office Address Use (if need) 4) Cooperation of Bank Account Open. Be Careful of Hiding Charge After Company Incorporation !!
Who is Eligible to Process of Company Registration in SSM?
Actually, Only License Company Secretary is Allowed by SSM to Process of Documents.
S & F
Can I Get All Licenses from one Consultant?
No, Very Few Consultancy Firm Eligible to Apply of All Licenses Whereas Most of Them Only Assist of Registration Service. But Yes, We Assist Our Customers to Apply for Any License as Serial 4.
How Much Capital id Required to Apply of Long Time Visa?
We Recommend of Ringgit 500K-1 Million If All Shareholders are Foreigner (s).
Next steps after company registration Malaysia from SSM: 1) Apply for Sign Board License (supporting papers are office rental agreement, layout and office furniture). 2) Open bank account (supporting papers are rental agreement, super form by from My Data of SSM and Board Meeting Resolution from Secretary) 3) Same time can apply for Premise license to local counsel of your business location area 4) Income tax by tax expert or Chartered Accountant form or S & F Consulting Firm 5) EPF and SOCSO (Whereas employment provident Fund and SOCSO are requirement for all companies and Contribute of Social Responsibilities) 6) Export and import license (Supporting documents are sample of goods and company registered certified copies). 7) WRT (Whole sale and Retail Trade License-applicable for nonresidents and 4 categories of enterprises). 8). ESD (Expatriate Service Department allow to apply of visa and hire foreign staffs). 9) MM2H (Optional-considering to live in Malaysia for long time with family).
Approximate fees of company registration: 1) Company Name application RM 50-100 2) Company Incorporation SSM Fees RM 1010/- 3) Buy Super Form RM 150-200 4) Consultancy Fees RM 1000 to 3000, depend on number of service 5) Virtual Office if no business address is available RM 20/ month or FREE first year 6) Secretary fees RM 600 to 1200/ year. Be careful from hidden cost after company registration process is done !
Registration time: 1) Name purpose 1-2 days 2) Registration purpose 1-2 days. If proposed name is available registration can be faster without hassle.
Bank account: This is challenging for nonresidents as most of the local banks discourage ! Do not worry, discuss with team member of S & F Consulting Firm ,please, to make it 100% confirm unless have any bankruptcy record.
Virtual office/ physical desk: As office address is necessary to open Sdn Bhd company and if you do not have address in Malaysia, worried ! Speak with team of S & F Consulting Firm to let you use address 1 (one) year totally FREE. Ready desk in ready fully furnished office in good location cost is RM 500/ per desk only. Hassle free rental office with agreement copy.
SSM company registration search
Foreign and local businessmen like SSM company registration search to know more detail about investment of Malaysia and licensing. Company and/ or business registration number, LLP registration number can search through online in SSM website. If shareholders like to check company status, active or dormant may search in SSM website. Moreover, other information of the company may purchase by online, number of shareholder’s price RM 15, registered address by RM 15, certificate of conversion by RM 15, certificate of company profile and incorporation price is RM 15 respectively.
All documents are submitted to SSM online now a day and hard copy submission policy is unnatural. Entrepreneurs may collect any information of business over SSM online, registration status, fees, company profile, MyCoID, forms, certificate and post registration documents. Guideline of business name selection, Act, business renewal, termination, responsibilities of owners, corporate guidelines and all data of company are preserved in SSM online.
Benefit of online system: It’s the beginning to end up of a company, all necessary data are preserved in server of SSM, if owners like to purchase any information may pay and collect. Being online system, company registration, submission, collection and maintenance are easier from any place of the country. So, you can check company registration Malaysia by online.