(Sec Update) Incorporate a Sdn Bhd in Malaysia

(Sec Update) Incorporate a Sdn Bhd in Malaysia

Incorporate a Sdn Bhd in Malaysia is a crucial step for businesses looking to establish a legal presence in the country. Whether you're a local entrepreneur or a foreign investor, understanding the process and requirements for setting up a Sdn Bhd (private limited company) is essential.

Here, we answer some of the most common questions about incorporating a Sdn Bhd in Malaysia to help you navigate this important business milestone.

FAQ on Incorporating A Sdn Bhd

1. Company Name

Can I register a Sdn Bhd company as ABC Sdn Bhd and change it to XYZ Sdn Bhd later?

2. Nature of Business

How many types of business activities can I register?

3. Director

Can a foreigner be a director of the company?

4. Shareholder

Do I need a local shareholder?

5. Share Capital

  • How much share capital is required for the new company?

  • Do I need to deposit the share capital into a bank account?

6. Address

I don't have a business address right now. Can I use my home address?

7. Company Secretary

  • Who is a company secretary?

  • Why do I need to appoint a company secretary?

  • When should I appoint a company secretary?

8. Timeline

How long does it take to incorporate a Sdn Bhd?

9. Process

  • Pre-incorporation: Company name search and approval, with reservation for 30 days.

  • During incorporation: Prepare and submit documents to SSM, get the Certificate of Incorporation and SSM statutory forms.

  • Post-incorporation: Open a bank account, enter a tenancy agreement, apply for a business license and signboard, and set up utilities like electricity (TNB) and water (SAJ).

Learn more about each step and ensure your incorporation process goes smoothly! Visit our website at www.ktp.com.my for more details.

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