We often come across individuals who are interested to setup a business in Malaysia but have many confusions regarding setting up a company in Malaysia. These confusions seem to be quite lesser when an individual tends to register a company online in Malaysia.
Most individual finds manual incorporation process carried out in SSM office very confusing. To go through all sort of registration steps and procedures manually is indeed bothersome and time consuming.
Moreover, manual incorporation process in Malaysia is not a feasible idea at present scenario when, entrepreneurs nowadays are too busy to spend hours in an SSM office. Hence, on situation like this the SSM Malaysia has come up with an excellent solution for all new business owners.
It is now possible to register a company in Malaysia through online with the help of ezBiz; an online website where one can easily register their business organization while sitting back relaxed at their home. All he/she needs is a working pc and internet connectivity.
Good old days are now over when an investor needed to visit the SSM office and waste time waiting in the que for all sort of issue regarding registering their business entity. Although, till now the registration system is not 100% online (especially for a new business owner who just started his/her business in Malaysia).
It is said that a business owner has to visit the SSM office at least once in a lifetime to activate their ezBiz account and begin register a company online in Malaysia. With the help of this ezbiz online portal, one can easily perform various business-related activities right from their own house.
Activities here include new business registration, bring in relevant changes to their business particulars, terminate business and can even purchase business related information. It is described as an alternative way of “over-the-counter” transactions methods for business registration policies based for Malaysia which is simple, quick and hassle-free.
Although it is an online service yet the business owners still have to visit the SSM head office in Malaysia once in a lifetime for the online account activation.
Two important facts that the Malaysian government and SSM authority strictly inspect to initiate this online registration method to open a company online in Malaysia. these are:
Following are the activities that can be performed in ezBiz, brought to you by the SSM of Malaysia:
Procedure to register a company in online through ezBiz online portal
There are few several important procedures that one need to follow to register a company online in Malaysia through ezBiz. For your convenience, those procedures are listed below:
Steps to run online change of business particulars from SMM ezBiz online portal
It is very much possible that a business owner makes mistake when updating business particulars. Well one does not need to fear for these any more as they can make changes any time, they want by simply following the steps below:
One can update the following information related to Business Particulars:
Note: To make Changes of information related to business owner or partners it can only be done over the counter. Which means one would need to visit the SSM in person.
Steps to bring in any changes to business particulars through online portal
Following are the uniformly arranged steps that gives sufficient information about changing procedures of any business attributes:
Steps for online business renewal procedure by ezBiz website portal
One can even perform a third-party business renewal by simply going to the option My Business Services > Renewal Service > Renewal by Others. Once the business owners have their online ezBiz account activated, they can simply renew their business online at any time via the ezBiz portal.
The renewal period should be within a year or 12 months from the expiry date. Simply Go to My Business Services > Renewal Service > Renewal by Owners.
Following are the steps for online business renewal procedure by ezBiz website portal:
Note: One can even view all sort of Business Renewal transactions by going to My Business Services > Renewal Service > Renewal History.
How to perform online business termination through ezBiz online web portal?
The business owners or sole investors can terminate their active business using this SSM ezBiz online portal by simply going to My Business Services > Business Termination > New Business Termination.
Online compound services through ezBiz
The business owners and sole investors can view outstanding compound facilities and make compound payment through online by simply going to My Compound Services > Compound Payment. Compounds which are issued under business registration Act 1956 & Companies Commission Act 1965 can be paid by ezBiz Online payment services.
Payment related issues regarding ezBiz
Here you will get a detail cost chart for various company related activities in ezBiz. It gives the cost evaluation for various functionalities. To enjoy any of these services, you have to pay through various online payment methods.
New company registration fees for ezBiz online services.
Changes of business particulars fees in ezBiz online services.
Change of business particulars — RM20.00
Business renewal fees in ezBiz online portal.
Business termination fees as per ezBiz online.
No fee is required
Modes of payment for ezBiz Online service
One can make any sort of payment in the ezBiz online portal by means of following electronic payment system –
Business registration status & downloading procedure for business certificate
At this stage of register a company online in Malaysia, a business owner or a sole investor will simply receive an email notification to his/her provided email address regarding their online application status.
Once the registration has been approved successfully by the authorized body working at the back office, the applicant will be able to download their registration form, certificate, and relevant business information through this ezBiz online portal. You may want to know about business for sale in Malaysia.
More guide about ezBiz: