Company Incorporation (Berhad)

Incorporate Your Business in Malaysia by registering a Limited Company (Berhad)

Incorporate Your Business in Malaysia by registering a Berhad (Bhd.) @ RM 3,263.20 inclusive of SST charges.

1. Incorporation of a Berhad:

The incorporation services of a Berhad service package includes the stated:

  1. Checking on availability of company registration name for 2 times SSM Guidelines on Company Names 06122022.pdf (FOC) and an additional of RM 100.00 for 3rd subsequent name search;
  2. Appointment of Directors HC Incorp Standard Client Due Diligence (CDD) Individual, Company & ROS.pdf 15022024 with the latest updated IC (minimum is 2 and up to 4 directors during incorp) https://www.jpn.gov.my/en/core-business/identity-card/mykad-tukar-alamat-eng;
  3. Allotment of  of company paid up (minimum RM 2.00 and advisable to be at RM 3,000.00);
  4. Standard online registration at SSM;
  5. Submission of Form 49 (section 14), 44 (section 14), 24 (section 14) & 9 (section 17) to SSM after registration;
  6. Preparing of 1st meeting minutes for board of Directors and appointment of an Auditor;
  7. Preparing resolution for the Company to open bank accounts (maximum 2 accounts);
  8. 3 sets of certified true copies of incorporation documents (including E-copies of the Form 9 (section 17), 49 (section 14), 44 (section 14) & 24 (section 14);
  9. Using our Registered business address as your Registered Office Address, Mail Collection & Email Notification and Professional Secretary Services SSM (P1) Common Offences under CA2016 (Part 1) 03102018.pdf and SSM (P2) Common Offences under CA2016 (Part 2) 03102018.pdf;s
  1. Free consulting on company’s pre-incorporation related matters & shares methodology;
  2. Inclusive of company chop, common seal, share certificate book, minutes book & register book;
  3. Free compliance business checklist info http://www.cwca.com.my/blog/sdn-bhd-compliance-checkup-checklist/ on the need-to-do matters while doing business in Malaysia;
  4. With refer to the new Companies Act 2016, a public limited company (Bhd.) will be owned by at least TWO Directors;
  5. To prepare a statutory meeting report for the Company’s first statutory meeting. FORM 51. Statutory Report. (COMPANIES REGULATIONS, 1966 – P.U. 173_66
  6. HC Tax Submission Task List.form

  7. The company’s incorporation month COSEC fees with worth of RM 80.00.

 

2. There are some businesses which are not for foreigners: Biz-Not-4-foreigners 2018 

3. Our panel banker is UOB bank but the company are free to choose any banks in Malaysia.

Our affiliate banking partner UOB Bank for current bank account opening services

4. For 100% foreign owned company, one of the director must reside at Malaysia with having a LHDN stamp duty paid tenancy agreement and also the director is not from BNM’s sanction listing https://amlcft.bnm.gov.my/AMLCFT04.html .

5. SME fundraising ecosystem in Malaysia:

6. Berhad Company (Berhad) which is known as Malaysian Public Limit company is one of:

  1. 2 types of companies limited by shares;
  2. Regulated by Companies Act, 2016;
  3. Separate legal entity like a normal human being where it can own, borrow, rent, sue, be sued and owns estate with using the owners’ name;
  4. Shareholders more than 50 person (public or private);
  5. Can be listed at BURSA through following compliance issued by Securities Commission Malaysia (SCM);
  6. Berhad company to continue function regardless the any changes to the owner even death unless to strike off through.
The Company Chop and Pocket Common Seal included
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7. Requirements 
  1. A minimum of 2 Directors (IC & Email add) with having residential address in Malaysia;
  2. A minimum of 2 shareholders (IC & Email add) to complete the incorporation however directors and shareholders can be the same person;
  3. Appointment of at least a COSEC be it in-house or external;
  4. To hold company’s statutory meeting within 3 months from the date on the incorporation certificate and the preparation of Statutory Report (Section 142)
    Sample: FORM 51. Statutory Report. (COMPANIES REGULATIONS, 1966 – P.U. 173_66) 
  5. Company’s activities and business address if any (supported by LHDN stamp duty paid tenancy agreement);
  6. Our standard COSEC retainer fees is RM 80.00 monthly;
  7. All company’s activities will be refer to our standard pricing.

 8. At the end of the financial year, the Company is required to:

  1. Completion of Audit report before AGM of the Company;
  2. To have AGM of the Company (AGM Corporate Governance Checklist 2020.pdf);
  3. Lodging the Company’s Annual Report to SSM.

 9. Listing Services at BURSA:

  1. Whatsapp Dr. CK Chong @ 018 -66 33308 for preliminary round of audit for listing services.
10. BURSA’s Listing Timeframe
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A short read on listing at Bursa Malaysia Listing & Requirements:

Berhad Company Incorporation Package

Cost : RM 3,222.40*
  • Required 3 - 4 working days
  • Upon completion of all required documents as above
*Price inclusive of SST
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