Ready to transform your brilliant business idea into reality? Here’s how to formally start your Sdn Bhd company in Malaysia.
The process involves several steps and requires accurate and expansive documentation of company details. Be prepared; it can be a time-consuming and resource-intensive process, particularly for the inexperienced.
Let’s simplify it into three manageable steps.
1. Company Name Search and Reservation
Start by selecting a distinctive name for your Sdn Bhd company that follows the rules of Malaysia’s Companies Commission (SSM). You can confirm name availability by searching on SSM’s website or in person at their office. When you discover an unused name, you can reserve it for a fee, and this reservation is good for 30 days. Use this time to complete the registration process.
2. Preparation of Company Documents
After successfully reserving your company name, you need to prepare the necessary documents for company incorporation. This is the most crucial and tedious step.
This includes:
– Statutory Declaration by the company secretary or a director.
– Declaration of Compliance with the requirements for company registration.
– A copy of your identity card or passport (for foreign directors and shareholders).
– A copy of your business premise’s rental agreement (if applicable).
– Other documents as required by SSM.
3. Company Registration with SSM
Send your company registration paperwork to the Malaysia Companies Commission (SSM). You can do this online or in person at an SSM office. Make sure to pay the required registration fees. Once your application is accepted, you’ll get a Certificate of Incorporation and a Business Registration Certificate, signifying the official creation of your Sdn Bhd company.
Disclaimer:
Please note that this is a simplified overview of the initial steps to start a Sendirian Berhad (Sdn Bhd) company in Malaysia.
The process involves compliance with various legal and regulatory requirements, and it is advisable to seek legal and professional assistance to ensure that you meet all the necessary obligations and to guide you through the more complex aspects of company registration in Malaysia. Additionally, consider the specific requirements and regulations that apply to your industry or business activities.
If you are facing issues in preparing the required documents or need professional help, you can rely on the services provided by corporate consultants in Malaysia that also include company registration.
At G&A, we transform businesses, delivering solutions and offering professional assistance in company registration services, accounting services, and tax advisory services. Reach out to us now for expert support in starting your Sdn Bhd company!
