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Sep 25, 2025
10:31 AM
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https://gosenang.com/company-formation-incorporation-services-in-malaysia/
offers numerous advantages, including limited liability protection, enhanced credibility, and access to various business incentives. The process is streamlined under the Companies Act 2016, making it accessible for both local and foreign entrepreneurs.
Types of Companies in Malaysia
Malaysia primarily recognizes the following types of companies:
Private Limited Company (Sdn. Bhd.): The most common structure, offering limited liability and flexibility in management.
Public Limited Company (Bhd.): Suitable for larger enterprises aiming to raise capital from the public.
Limited Liability Partnership (LLP): Combines elements of partnerships and companies, providing flexibility and limited liability.
Incorporation Process
Name Reservation: Choose a unique company name and reserve it with the Companies Commission of Malaysia (SSM).
Preparation of Documents: Gather necessary documents, including identification of directors and shareholders, company constitution, and registered office address.
Submission to SSM: Submit the required documents and forms through the MyCoID 2016 portal.
Obtain Certificate of Incorporation: Upon approval, SSM will issue the Certificate of Incorporation, officially recognizing your company.
Post-Incorporation Requirements
Register for Taxes: Apply for a tax file number with the Inland Revenue Board of Malaysia.
Obtain Necessary Licenses: Depending on your business activities, you may need specific licenses or permits.
Open a Corporate Bank Account: Facilitate business transactions and manage finances.
Comply with Ongoing Obligations: Maintain proper accounting records, hold annual general meetings, and file annual returns with SSM.
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