Every limited company must have at least one company secretary
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Every limited company must have at least one company secretary. We are one of the company secretaries in Malaysia.
According to Article 139 of the Company Act of 1965. The appointed company secretary must be a member of a professional organization designated by the minister or approved by the CCM.
In Malaysia, the appointment of Malaysian company secretarial services is determined by the company’s directors, which can be internal or external.
Retainer Fee :
RM 60 per month for Sdn Bhd. (invoice will be issued yearly)
Name Search :
RM100/ SSM application (include SSM fees)
Change Name :
RM 100/ SSM application (excude SSM fees)
Incorporation Fee :
RM 2,200 – Paid up RM 1 minimum
RM 2,500 – Shelf Company
Increased Paid Up :
RM100/ allotment (exclude Reso)
Certified True Copy :
RM 2/ signatory (FOC Photocopy cost)
Resolution / Later Issued :
RM 20/ resolution/ Letter
Confirmation Letter :
RM 100/ per confirmation letter
Superform/ Forms (Seksyen) :
RM 100/ SSM application (exclude Reso)
Annual Return Submission (MBRS) Submission :
RM 150.00/ submission (exclude SSM fee)
Audited Report Submission (MBRS) Submission :
RM 250 per submission (exclude SSM fee)
SSM Fee :
SSM counter express admission: RM 110.60
Scan updated SSM form RM 10.60/form
CTC SSM RM 10.60/ form
SSM Company Profile RM 25/ print
Printing :
50 cents per copy (additional copy)
Stationary :
Subject to cost incurred
Benefits of registering a private limited company in Malaysia Entrepreneurship is a journey that begins with the registration of the company of your choice. Sdn Bhd companies are currently very popular due to the guarantee of continuity and protection of private wealth from corporate risks (such as debt and loss, easy and affordable capital financing, etc.). These are some of the reasons why you should register an sdn bhd company in Malaysia.
The concept of limited liability protects the personal wealth of business owners. This has led many Malaysians to choose to establish a limited liability company. Financial security is an attractive benefit. The company’s shareholders are only liable for debts incurred by the company based on its investment level, but not exceeding its ability to pay. Except for the capital invested in the company, no one related to the company can lose any money. Therefore, those who invest in Sdn Bhd companies will also receive financial guarantees.
A private limited company is a legal entity independent of its owner. Its status as an independent legal entity allows it to operate without regard to the identity of its founders, directors and shareholders. Unless the company is dissolved, any death or scrapping will not affect the survival and operation of the company; this fact distinguishes Sdn Bhd from partnerships and sole proprietorships. This also improves the stability of Sdn Bhd. Sdn Bhd has the right to acquire assets, enter into contracts and sue or be sued.
Financing is key to the growth of any company. You need money to expand, hire competent staff, pay bills and generally keep the business running. When you register sdn bhd company in Malaysia, it becomes easier to raise more financial resources.
Lenders tent to trust sdn bhd companies because of their perpetuity and the fact that risks are spread among multiple shareholders. Due to the seemingly lower risks, interest rates to such loans are normally lower compared to other business types like sole proprietorships.
As long as the potential buyer can afford it, shareholders of a Malaysian limited liability company can sell or transfer their shares to anyone of their choice. This is not the case with partnerships or sole proprietorships, because doing so will involve the sale of the entire business and the termination of business operations.
Private limited companies benefit from certain tax incentives. They are taxed solely on their profits, so there is no need to pay any additional taxes.
Compared with individual businesses and partnerships, the general business community and investors believe that Malaysian private limited companies are more stable and transparent because their operations are more open. They also have strict reporting requirements, so they are less fraudulent.
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