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	<title>Malaysia Business Formation &#124; Company Registration &#124; MalaysiaCo</title>
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	<link>http://www.malaysiaco.com.my</link>
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		<title>Company Registration &amp; Formation Process</title>
		<link>http://www.malaysiaco.com.my/company-registration-formation-process/</link>
		<comments>http://www.malaysiaco.com.my/company-registration-formation-process/#comments</comments>
		<pubDate>Wed, 06 Oct 2010 18:34:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Services]]></category>

		<guid isPermaLink="false">http://www.malaysiaco.com.my/?p=112</guid>
		<description><![CDATA[REGISTRATION PROCESS No Events Days 1 Company name search application with Suruhanjaya Syarikat Malaysia (SSM) 2 2 Once name approved, we shall proceed to the preparation of all necessary company registration documents 1 3 Directors &#38; Shareholders to sign on all registration documents 1 4 Stamping on M&#38;A and commissioner for oaths 3 5 Submission [...]]]></description>
				<content:encoded><![CDATA[<p><strong>REGISTRATION PROCESS</strong></p>
<table>
<tbody>
<tr>
<td>No</td>
<td>Events</td>
<td>Days</td>
</tr>
<tr>
<td>1</td>
<td>Company name search application with Suruhanjaya Syarikat Malaysia (SSM)</td>
<td>2</td>
</tr>
<tr>
<td>2</td>
<td>Once name approved, we shall proceed to the preparation of all necessary company registration documents</td>
<td>1</td>
</tr>
<tr>
<td>3</td>
<td>Directors &amp; Shareholders to sign on all registration documents</td>
<td>1</td>
</tr>
<tr>
<td>4</td>
<td>Stamping on M&amp;A and commissioner for oaths</td>
<td>3</td>
</tr>
<tr>
<td>5</td>
<td>Submission of relevant forms to SSM</td>
<td>1</td>
</tr>
<tr>
<td>6</td>
<td>Certificate of Incorporation issued by SSM</td>
<td>2</td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td></td>
<td>Total minimum working days required</td>
<td>10</td>
</tr>
</tbody>
</table>
<p>Suruhanjaya Syarikat Malaysia (SSM) also known as Companies Commission of Malaysia, a Registrar of Companies in Malaysia.</p>
<p>Note: The above estimated timetable is based on the best efforts from us and directors.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>The Facts: Setting Up and Forming a Company in Malaysia</title>
		<link>http://www.malaysiaco.com.my/the-facts-setting-up-and-forming-a-company-in-malaysia/</link>
		<comments>http://www.malaysiaco.com.my/the-facts-setting-up-and-forming-a-company-in-malaysia/#comments</comments>
		<pubDate>Wed, 06 Oct 2010 18:32:35 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Company Formation]]></category>

		<guid isPermaLink="false">http://www.malaysiaco.com.my/?p=110</guid>
		<description><![CDATA[How to register a company in Malaysia? Here are some basic facts and information for setting up and forming a limited company in Malaysia. Suruhanjaya Syarikat Malaysia (Companies Commission Malaysia) The Companies Commission of Malaysia (SSM) established on 16 April 2002, serves as an agency to incorporate companies and register businesses. A limited company in [...]]]></description>
				<content:encoded><![CDATA[<p><img class="size-full wp-image-195 alignleft" title="nbc-meeting-4" src="http://www.malaysiaco.com.my/wp-content/uploads/2010/10/nbc-meeting-4.jpg" alt="" width="463" height="218" /></p>
<p><span style="color: #ff0000;"><strong>How to register a company in Malaysia? Here are some basic  facts and information for setting up and forming a limited company in  Malaysia.</strong></span></p>
<h2><span style="color: #008000;">Suruhanjaya Syarikat Malaysia (Companies Commission Malaysia)</span></h2>
<ul>
<li>The  Companies Commission of Malaysia (SSM) established on 16 April 2002,  serves as an agency to incorporate companies and register businesses.</li>
<li>A  limited company in Malaysia can be incorporated with a minimum  <a href="http://www.malaysiaco.com.my/authorized-capital-paid-up-capital/">authorised and paid-up capital</a> of RM100,000 and RM2 respectively.</li>
</ul>
<h2><span style="color: #008000;">What documents do you need to form a company in Malaysia?</span></h2>
<ul>
<li>Your  proposed company name. We need your proposed name(s) for your new  company and we will conduct the name search with SSM to check if the  name is available for registration.</li>
<li>Copy of your identity card (IC) or copy of your passport (for foreign director)</li>
<li>Your signature on the <a href="http://www.malaysiaco.com.my/statutory-records-andbooks/">Memorandum and Articles of Association</a> (M&amp;A) and other incorporation documents.</li>
</ul>
<h2><span style="color: #008000;">Director requirements</span></h2>
<ul>
<li>A company must have at least 2 directors and above 18 years of age.</li>
<li>At least 2 directors must have a residential address in Malaysia</li>
<li>He/she is not a bankrupt and has not been convicted and imprisoned.</li>
</ul>
<h2><span style="color: #008000;">Company Secretary requirements</span> <img class="alignright size-thumbnail wp-image-222" title="nbc-meeting3" src="http://www.malaysiaco.com.my/wp-content/uploads/2010/10/nbc-meeting3-150x150.gif" alt="" width="150" height="150" /></h2>
<ul>
<li>A company must have at least one <a href="http://www.malaysiaco.com.my/company-secretary/">Company Secretary</a></li>
<li>Company  secretary must be a natural person and a resident in Malaysia and is a  member of any one of the prescribed professional bodies or licensed by  the SSM.</li>
</ul>
<h2><span style="color: #008000;">Auditors requirements</span></h2>
<ul>
<li>A company must appoint one or more <a href="http://www.malaysiaco.com.my/auditing/">auditors</a> who must be approved auditors in Malaysia.</li>
</ul>
<h2><span style="color: #008000;">Registered office requirements</span></h2>
<ul>
<li>Every company must have a <a href="http://www.malaysiaco.com.my/registered-office/">registered office</a> in Malaysia to which all communications and notices may be addressed.</li>
<li>Our <a href="http://www.malaysiaco.com.my/company-secretary/">secretarial service</a> includes provision of our office as registered office for your company.</li>
</ul>
<h2><span style="color: #008000;">Accounts and Audit</span></h2>
<ul>
<li>Every company is required to prepare its accounts and to be audited by approved auditors in Malaysia every year.</li>
<li>The <a href="http://www.malaysiaco.com.my/auditing/">audited accounts</a> must be tabled at the AGM for adoption/approval by the shareholders of the company.</li>
<li>This audited accounts is generally required to be lodged with SSM, together with the <a href="http://www.malaysiaco.com.my/annual-return/">Annual Returns</a> (see below)</li>
</ul>
<h2><span style="color: #008000;">Annual General Meeting (AGM)</span></h2>
<ul>
<li>A company is generally required to hold its <a href="http://www.nbc.com.my/AGM.html">AGM</a> every year.</li>
<li>One of the agenda of AGM is to adopt or approve the <a href="http://www.malaysiaco.com.my/auditing/">audited accounts</a> by the shareholders of the Company.</li>
</ul>
<h2><span style="color: #008000;"><img class="alignleft size-thumbnail wp-image-232" title="nbc-man1" src="http://www.malaysiaco.com.my/wp-content/uploads/2010/10/nbc-man1-150x150.gif" alt="" width="150" height="150" />Annual Returns</span></h2>
<ul>
<li>Every company needs to lodge the <a href="http://www.malaysiaco.com.my/annual-return/">Annual Return</a> within 1 month of the AGM</li>
<li>Annual Return shall include audited accounts and auditor’s report.</li>
<li>Annual  return is a snapshot of general information about a company’s  directors, secretary, registered office, shareholders, <a href="http://www.malaysiaco.com.my/authorized-capital-paid-up-capital/">share capital</a>,  principal business activities, etc.</li>
</ul>
<h2><span style="color: #008000;">Change of directors or their particulars</span></h2>
<ul>
<li>Whenever  there is a change in directors (e.g. appointment or resignation of  directors) or change in their particulars (e.g. change in residential  address) after its incorporation, such changes must be lodged with SSM  within 1 month.</li>
</ul>
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		</item>
		<item>
		<title>Company Formation &amp; Registration (Sdn Bhd)</title>
		<link>http://www.malaysiaco.com.my/company-formation-and-registration-sdn-bhd/</link>
		<comments>http://www.malaysiaco.com.my/company-formation-and-registration-sdn-bhd/#comments</comments>
		<pubDate>Tue, 05 Oct 2010 07:06:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Company Formation]]></category>

		<guid isPermaLink="false">http://www.malaysiaco.com.my/?p=23</guid>
		<description><![CDATA[Company Registration Formation Setup Incorporation in Malaysia We has helped hundreds of our clients’ companies We has helped hundreds of our clients registered their companies in Petaling Jaya, Kuala Lumpur and Malaysia for the past 10 years. Company registration and formation has never been easier with our experienced and synergetic team! Yes, you can own [...]]]></description>
				<content:encoded><![CDATA[<h2><span style="color: #0000ff;"><span class="style2"><img class="size-full wp-image-235 alignleft" title="nbc-meeting-8" src="http://www.malaysiaco.com.my/wp-content/uploads/2010/10/nbc-meeting-8.jpg" alt="" width="459" height="220" />Company Registration Formation Setup Incorporation in Malaysia</span></span></h2>
<p><strong><span style="text-decoration: underline;"><br />
<span style="color: #008000;"> We has helped hundreds of our clients’ companies</span></span></strong></p>
<p>We has helped hundreds of our clients registered their companies in Petaling Jaya, Kuala Lumpur and Malaysia for the past 10 years. Company registration and formation has never been easier with our experienced and synergetic team!</p>
<p><strong>Yes, you can own a sdn bhd company within 10 days only!</strong></p>
<p>Please take a look at our limited time special promotion for registration of new company.</p>
<p><span style="text-decoration: underline;"><span style="color: #008000;"><strong>All you need to do is:</strong></span></span></p>
<p><strong>1.       Get ready your new company name and directors’ I/C or passport</strong></p>
<p><strong>2.    Call us at 03-7729 7018</strong></p>
<p><strong>That’s it!</strong></p>
<p>For more details, please visit <span style="color: #0000ff;"><a href="http://www.malaysiaco.com.my/special-promotion-for-registering-your-company-at-rm1460/">our special promotion page</a></span>.</p>
<p><span style="text-decoration: underline;"><span style="color: #008000;"><strong>Register a company is so easy and cheap<img class="alignright size-thumbnail wp-image-249" title="nbc-money2" src="http://www.malaysiaco.com.my/wp-content/uploads/2010/10/nbc-money2-150x150.jpg" alt="" width="150" height="150" /></strong></span></span></p>
<p>We have setup the most easiest and convenient way to register your sdn bhd company within days and you can rest in peace of mind, because we will do all the rest for you!</p>
<p>We are offering the best package for company registration and formation service in Petaling Jaya, Kuala Lumpur and Malaysia. Start your business by registering a sdn bhd within 10 days!</p>
<p><span style="text-decoration: underline;"><span style="color: #008000;"><strong>Why Sdn Bhd Company?</strong></span></span></p>
<p><strong>1.    Protection of personal wealth and assets (limited liability)</strong></p>
<ul>
<li>One of the most important benefit of having sdn bhd company is the protection and safeguard of personal wealth and assets from any claims or legal actions from creditors (suppliers), authorities and even your customers.</li>
<li>Sole-Proprietors and Partnership, however, are personally responsible for all the debts and liabilities of a business such as bank loans, suppliers’ outstanding, amount dues and any damages claims from suppliers or customers.</li>
<li>Thus, having operating under a sdn bhd company can effectively protect your personal wealth and assets in whatsoever situation.</li>
</ul>
<p><strong>2.    Transferable ownership</strong></p>
<ul>
<li>You can easily transfer any of your shares (ownership) to any one, your son/daughter/wife, your business partner, a buyer of your business.</li>
</ul>
<p><strong>3.    Taxation</strong></p>
<ul>
<li>Sdn Bhd Company enjoys lower and better tax rate than individuals. Sole-proprietors or Partnership will be taxed at personal tax rate.</li>
</ul>
<p><strong>4.    Credit rating</strong></p>
<ul>
<li>Sdn Bhd Company enjoys better creditability than Sole-Proprietors or Partnership at time of application of bank loan facilities or submission of tender for a project.</li>
</ul>
<p><img class="alignleft size-medium wp-image-252" title="nbc-meeting-7" src="http://www.malaysiaco.com.my/wp-content/uploads/2010/10/nbc-meeting-71-300x199.jpg" alt="" width="300" height="199" /></p>
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		</item>
		<item>
		<title>Ready Made Companies (Shelf Company)</title>
		<link>http://www.malaysiaco.com.my/ready-made-companies-shelf-company/</link>
		<comments>http://www.malaysiaco.com.my/ready-made-companies-shelf-company/#comments</comments>
		<pubDate>Tue, 05 Oct 2010 05:05:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Company Formation]]></category>

		<guid isPermaLink="false">http://www.malaysiaco.com.my/?p=19</guid>
		<description><![CDATA[Ready Made Shelf Companies for sale in Petaling Jaya, Kuala Lumpur, Malaysia Why Ready Made Shelf Company? 1.    You need it to tender a project tomorrow 2.    You have an offer of multi-million business opportunity but you need to furnish your company details by tomorrow 3.    You and your business partners have reached an agreement [...]]]></description>
				<content:encoded><![CDATA[<h2 class="style2"><span style="color: #0000ff;"><span id="internal-source-marker_0.7866241030413373">Ready Made Shelf Companies for sale in Petaling Jaya, Kuala Lumpur, Malaysia</span></span></h2>
<p><span style="color: #008000;"><strong><span style="text-decoration: underline;">Why Ready Made Shelf Company?</span></strong></span></p>
<p>1.    You need it to tender a project tomorrow <img class="alignright size-medium wp-image-209" title="nbc-money" src="http://www.malaysiaco.com.my/wp-content/uploads/2010/10/nbc-money4-300x206.jpg" alt="" width="300" height="206" /></p>
<p>2.    You have an offer of multi-million business opportunity but you need to furnish your company details by tomorrow</p>
<p>3.    You and your business partners have reached an agreement to start a business in Malaysia, but he is leaving tonight</p>
<p>4.    Whatsoever reasons, YOU NEED IT NOW BEFORE TOMORROW!</p>
<p>Upon receipt of your full payment, a clean and new shelf company will be yours IMMEDIATELY!</p>
<p><span style="color: #0000ff;"><strong><span style="color: #000000;">Why wait for 10 days to get your new company registered when you can have one by today? Buy now &amp; get 2 months secretarial fee FREE!</span></strong></span></p>
<p><span style="text-decoration: underline;"><span style="color: #0000ff;">Download here:</span></span></p>
<p><span style="color: #0000ff;"><strong><span style="color: #ff0000;"><a href="http://www.nbc.com.my/files/Shelf_companies_for_sale.pdf" target="_blank"><span style="color: #ff0000;">Latest list of shelf company</span></a> <img src="http://www.nbc.com.my/images/newlogo.gif" alt="newpromo" /></span></strong></span></p>
<p><span style="color: #0000ff;"><strong><span style="color: #ff0000;"><br />
</span></strong></span></p>
<hr /><span style="color: #008000;"><strong><span style="text-decoration: underline;">What is Ready Made Shelf Company?</span></strong></span></p>
<p>We   have a list of more than 200 newly registered companies for sale. We   guarantee you that all shelf companies are new, clean, and have not been   in any business. We made these shelf companies for you in case if you   urgently need a company to kick off your great business immediately!</p>
<p>All   new or old ready made shelf companies (shell companies) are legally   registered with SSM and have not commenced any business operations since   incorporation (registration), thus all do not have any liabilities. We   indemnify you from all liabilities by giving you our indemnify letter.</p>
<p><a href="http://www.malaysiaco.com.my/another-fastest-way-to-start-your-business/"><strong><span style="color: #0000ff;">At price of RM2,500, you are freely to choose from a long list of Ready Made New Shelf Companies (more than 200)!</span></strong></a></p>
<p><span style="color: #ff0000;">The Ready Shelf Company will be yours within 24 hours<br />
for ONLY RM2,500 and Get 3 months secretarial fees FREE!</span></p>
<p><span style="color: #339966;"><strong>Click here for </strong><a href="http://www.nbc.com.my/files/Shelf_companies_for_sale.pdf"><strong><span style="color: #339966;">full list of shelf companies</span></strong></a>.</span><img src="http://www.nbc.com.my/images/newlogo.gif" alt="newpromo" width="23" height="14" /></p>
<hr /><span style="color: #008000;"><strong><span style="text-decoration: underline;">What does Ready Made Shelf Companies have?</span></strong></span></p>
<p>1)    All these Shelf Companies are legally and lawfully registered with SSM</p>
<p>2)    All Shelf Companies have been registered as &#8220;General Trader, Contractors, Investment&#8221; and can do any businesses.</p>
<p>3)    All new Ready Made Shelf Companies have not commenced any business operations before, so, it has nothing inside.</p>
<p>4)      All Shelf Companies are made available anytime and at your call. You   will be legally owner of these shelf companies within 24 HOURS only!</p>
<p><a href="http://www.malaysiaco.com.my/another-fastest-way-to-start-your-business/"><strong><span style="color: #ff0000;"><span class="style2">The Ready Made Shelf Company will be yours within 24 hours at ONLY RM2,500#</span></span></strong></a></p>
<p><img class="alignnone size-medium wp-image-213" title="nbc-meeting-7" src="http://www.malaysiaco.com.my/wp-content/uploads/2010/10/nbc-meeting-7-300x199.jpg" alt="" width="300" height="199" /></p>
<p><span style="color: #008000;"><strong><span style="text-decoration: underline;">How are we going to make it yours?</span></strong></span></p>
<p>Firstly,   we shall get you to take control over the board of directors of the   Shelf Company, you will become new directors of the company. Existing   directors will step down upon your appointment as directors.</p>
<p>Secondly,   the 2 ordinary shares held by existing shareholders will be transferred   to you &amp; your partner. Please take note that all transfer forms have been signed and   ready to fill in your name.</p>
<p><strong> </strong></p>
<p><span style="color: #008000;"><strong><span style="text-decoration: underline;"> All we need from you are:</span></strong></span></p>
<p>1)    a photocopy of your I/C or passport.</p>
<p>2)    select a Ready Made Shelf Companies from our list</p>
<p>DONE! Simple as that with our service!</p>
<p><a href="http://www.malaysiaco.com.my/another-fastest-way-to-start-your-business/"><span style="color: #ff0000;"><strong>No hidden charges and the Price is only at RM2,500!</strong></span></a></p>
<p># Terms and conditions &#8211; 2 directors/shareholders.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>Reserve a Company Name</title>
		<link>http://www.malaysiaco.com.my/reserve-a-company-name-search/</link>
		<comments>http://www.malaysiaco.com.my/reserve-a-company-name-search/#comments</comments>
		<pubDate>Sun, 03 Oct 2010 07:04:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Company Formation]]></category>

		<guid isPermaLink="false">http://www.malaysiaco.com.my/?p=17</guid>
		<description><![CDATA[Reserve a company name at RM100 only! If you wish to reserve a company name before you can really kick off your business due to whatever reason, then our Reserve a Company Name service is for you. If you are considering starting your own business in the future and want to ensure that your company [...]]]></description>
				<content:encoded><![CDATA[<p><strong><span style="text-decoration: underline;">Reserve a company name at RM100 only!</span></strong></p>
<p>If you wish to reserve a company name before you can really kick off your business due to whatever reason, then our Reserve a Company Name service is for you.</p>
<p>If you are considering starting your own business in the future and want to ensure that your company name isn’t taken by somebody else, we can apply the name for you with SSM and hold it on your behalf.</p>
<p><strong>Name search with SSM<br />
</strong>We shall lodge in our application with Suruhanjaya Syarikat Malaysia (SSM) for their approval to reserve the company name on behalf for you.</p>
<p><strong>Why SSM reject the name application?</strong><br />
Generally, there are certain situations that SSM do not approve the name application:</p>
<p>1. The desired company name may be similar to the existing already registered company and may create confusion among the public.</p>
<blockquote><p>For example, name search for “Truetech Information Sdn Bhd” will be rejected if some one has already registered a company named “True Technology Information Sdn Bhd”.</p></blockquote>
<p>2. Certain words are Prohibited by the Companies Act 1965 or any other relevant Acts.</p>
<blockquote><p>For example, “king, prime, raja, minister, etc”.</p></blockquote>
<p>3. the name to be used is considered undesired or unappropriated,</p>
<blockquote><p>For example, Ayam Sebelas Ekor Sdn Bhd.</p></blockquote>
<p><strong><span style="text-decoration: underline;">Important Notice:</span></strong><br />
Please note that any successful name will be reserved by SSM for three months from the date of approval obtained. Upon or before expiry, you may request us to extent the name reservation, each application for extension for further 3 months will be charged at RM100 only!</p>
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		<item>
		<title>Setting Up Company Online</title>
		<link>http://www.malaysiaco.com.my/setting-up-company-online/</link>
		<comments>http://www.malaysiaco.com.my/setting-up-company-online/#comments</comments>
		<pubDate>Sat, 02 Oct 2010 15:53:12 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Company Formation]]></category>

		<guid isPermaLink="false">http://www.malaysiaco.com.my/?p=80</guid>
		<description><![CDATA[Setting up company online register company online Petaling Jaya, Kuala Lumpur, Malaysia. Cheapest Company Registration and Formation We are setting the cheapest ever price for company registration &#38; formation services at only RM1,460 in Petaling Jaya, Kuala Lumpur, Malaysia. Our services include company registration, company formation, company setup, company secretary, shelf company, setting up new [...]]]></description>
				<content:encoded><![CDATA[<p><span class="style2"><img class="alignleft size-full wp-image-279" title="nbc-woman2" src="http://www.malaysiaco.com.my/wp-content/uploads/2010/10/nbc-woman2.jpg" alt="" width="484" height="221" />Setting up company online register company online Petaling Jaya, Kuala Lumpur, Malaysia.</span></p>
<p><span style="color: #ff0000;"><strong><span style="text-decoration: underline;">Cheapest Company Registration and Formation</span></strong></span></p>
<p>We are setting the cheapest ever price for company registration &amp; formation services at only RM1,460 in Petaling Jaya, Kuala Lumpur, Malaysia.</p>
<p>Our services include company registration, company formation, company setup, company secretary, shelf company, setting up new company, statutory audit, income tax, accounting &amp; book-keeping services.We has helped hundreds of our clients for the past 10 years to register a company in Malaysia at RM1,460 only, the lowest, cheapest and No.1 in Petaling Jaya, Kuala Lumpur, Malaysia.</p>
<p>We ensure you that company registration and formation has never been easier with our experienced and synergetic team!</p>
<p><span style="color: #ff0000;"><strong><span style="text-decoration: underline;">Setting up your company online</span></strong></span></p>
<p>Drop us an email for the following Information and we shall do the rest for you!</p>
<p>1.    Proposed name of the New Company</p>
<p>2.    Business activity of the New Company</p>
<p>3.    Name, I/C No. and residential address of new directors &amp; shareholders</p>
<p>4.    New company shares structure</p>
<p><span style="color: #ffffff;">.</span></p>
<p>For more procedure, please refer to our <a href="http://www.malaysiaco.com.my/company-formation-and-registration-sdn-bhd/"><span style="color: #ff0000;"><strong>company registration page</strong>.</span></a></p>
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		<title>Register a Sole Proprietor (Enterprise) or Partnership (Perkongsian)</title>
		<link>http://www.malaysiaco.com.my/register-a-sole-proprietor-enterprise-or-partnership-perkongsian/</link>
		<comments>http://www.malaysiaco.com.my/register-a-sole-proprietor-enterprise-or-partnership-perkongsian/#comments</comments>
		<pubDate>Fri, 01 Oct 2010 07:05:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Company Formation]]></category>

		<guid isPermaLink="false">http://www.malaysiaco.com.my/?p=21</guid>
		<description><![CDATA[Registration of sole-proprietorship / enterprise  or partnership in Malaysia How to register a business in Malaysia Suruhanjaya Syarikat Malaysia (SSM) is the goverment agency which handling the registration of various forms of business entity in Malaysia e.g. sole proprietorship, partnership (perkongsian) and private limited company. The Companies Commission of Malaysia (SSM), established on 16 April [...]]]></description>
				<content:encoded><![CDATA[<h2><span id="internal-source-marker_0.7866241030413373" class="style2">Registration of sole-proprietorship / enterprise  or partnership in Malaysia</span></h2>
<p><strong><span style="text-decoration: underline;">How to register a business in Malaysia</span></strong><br />
Suruhanjaya   Syarikat Malaysia (SSM) is the goverment agency which handling the   registration of various forms of business entity in Malaysia e.g. sole   proprietorship, partnership (perkongsian) and private limited company.<br />
The   Companies Commission of Malaysia (SSM), established on 16 April 2002,   also ensures compliance with business and corporate legislations through   comprehensive enforcement and monitoring activities.<br />
To start a business in Malaysia, there are four ways of carrying out business in Malaysia, namely:</p>
<ul>
<li>Incorporating a local company (Sdn Bhd or Private Limited Company);</li>
<li>Registering a foreign company;</li>
<li>Registering a sole proprietorship (Registration of Businesses Act 1956); or</li>
<li>Registering a partnership (Partnership Act 1961).</li>
</ul>
<p>Note:   Registration of sole proprietorship or partnership is only applicable   to Malaysian. Non-Malaysian can only start their business by   incorporating a company in Malaysia or private limited company in   Malaysia.</p>
<p><strong><span style="text-decoration: underline;">Why Sole Proprietorship / Partnership</span></strong><br />
Registration   of Sole Proprietorship / Partnership with SSM is so easy now that you   can do it yourself! And at cost no more than RM200!</p>
<p>Just visit to the official website of SSM, <a href="http://www.ssm.com.my">www.ssm.com.my</a>, for more details.<br />
<span class="style4"><br />
No time to do it yourself? No worry, let’s us do it all for you! All at only RM400! </span></p>
<p><span id="internal-source-marker_0.7866241030413373"><strong><span style="text-decoration: underline;">Disadvantages of Sole Proprietorship / Partnership</span></strong></span></p>
<p>1.        Unlimited liability (You are personally liable for all debts owned by the business.)<br />
2.        The company will cease operation once the owner(s) die(s).<br />
<span class="style4"><br />
That’s why we strongly recommend Sdn Bhd Company for your business!</span></p>
<p><strong><span style="text-decoration: underline;">What we need from you</span></strong><br />
1.         Photocopy of Malaysian Identity Card of the owner / partners<br />
2.    Company Name<br />
3.    Company Business Activity<br />
4.    Business address</p>
<p>That’s it! DONE!</p>
<p class="style4">At only RM400 for Sole Proprietorship or RM600 for Partnership, you can start your business / partnership within days!</p>
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		<title>Ready Made Shelf Companies vs New Company Registration</title>
		<link>http://www.malaysiaco.com.my/ready-made-shelf-companies-vs-new-company-registration/</link>
		<comments>http://www.malaysiaco.com.my/ready-made-shelf-companies-vs-new-company-registration/#comments</comments>
		<pubDate>Thu, 30 Sep 2010 16:12:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Company Formation]]></category>

		<guid isPermaLink="false">http://www.malaysiaco.com.my/?p=86</guid>
		<description><![CDATA[Differences between New Company and Ready Made Shelf Company Why Ready Made Shelf Companies? You need a company to start a business urgently and we have more than 200 companies already registered for you to start your business immediately! Why New Company? Because we are running a limited time promotion for registration of new company [...]]]></description>
				<content:encoded><![CDATA[<h2><span id="internal-source-marker_0.7866241030413373"><span class="style2">Differences between New Company and Ready Made Shelf Company</span></span></h2>
<p><span style="text-decoration: underline;">Why Ready Made Shelf Companies? </span></p>
<p>You   need a company to start a business urgently and we have more than 200   companies already registered for you to start your business immediately!</p>
<p><span style="text-decoration: underline;">Why New Company?</span></p>
<p>Because we are running a limited time promotion for registration of new company at RM1,460 ONLY!</p>
<table border="1" bordercolor="#000000">
<tbody>
<tr>
<td></td>
<td>New Company</td>
<td>Ready Made Shelf Company</td>
</tr>
<tr>
<td>How long does it take to setup or start your business</td>
<td>10 to 12 days</td>
<td>ONE hour</td>
</tr>
<tr>
<td>Duration</td>
<td>Totally new</td>
<td>Almost new</td>
</tr>
<tr>
<td>Our price (all in)</td>
<td>RM1,460 nett</td>
<td>RM2,300 nett</td>
</tr>
<tr>
<td>Change company name</td>
<td>No</td>
<td>Name is fairly common.</p>
<p>You may want to change company name to suit your business image!</td>
</tr>
</tbody>
</table>
<p>For more information about Ready Made Shelf Companies, <a href="http://www.malaysiaco.com.my/ready-made-companies-shelf-company/">Click here</a>.</p>
<p>To find out more about registration of new company in Malaysia, <a href="http://www.malaysiaco.com.my/company-formation-and-registration-sdn-bhd/">try here</a>.</p>
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		<title>Sdn Bhd Company Vs Partnership/Sole-Proprietor</title>
		<link>http://www.malaysiaco.com.my/sdn-bhd-company-vs-partnership-sole-proprietor/</link>
		<comments>http://www.malaysiaco.com.my/sdn-bhd-company-vs-partnership-sole-proprietor/#comments</comments>
		<pubDate>Wed, 29 Sep 2010 16:22:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Company Formation]]></category>

		<guid isPermaLink="false">http://www.malaysiaco.com.my/?p=92</guid>
		<description><![CDATA[What is the differences between Sdn Bhd and Sole-Proprietorship / partnership in Malaysia Characteristically, there are major differences Sdn Bhd (Private Limited Company) Sole Proprietorship / Partnership Personal Liability Limited. Personal assets &#38; wealth are protected. You can take greater risks to gear up the growth of your business. Unlimited. Your personal assets &#38; wealth [...]]]></description>
				<content:encoded><![CDATA[<h2><span id="internal-source-marker_0.7866241030413373" class="style2">What is the differences between Sdn Bhd and Sole-Proprietorship / partnership in Malaysia</span></h2>
<p>Characteristically, there are major differences</p>
<table border="1">
<tbody>
<tr>
<td></td>
<td><strong>Sdn Bhd (Private Limited Company)</strong></td>
<td><strong>Sole Proprietorship / Partnership</strong></td>
</tr>
<tr>
<td>Personal Liability</td>
<td>Limited.</p>
<p>Personal assets &amp; wealth are protected.</p>
<p>You can take greater risks to gear up the growth of your business.</td>
<td>Unlimited.</p>
<p>Your personal assets &amp; wealth will be jeopardized due to risks exposed in your business.</td>
</tr>
<tr>
<td>Time to start your business</td>
<td>Immediately for Shelf Company</p>
<p>10 days for New Company</td>
<td>2 days if you register the business yourself</p>
<p>8-10 days if you engage professional firm to register the business.</td>
</tr>
<tr>
<td>Registration cost</td>
<td>RM1,460 for registration of new company</p>
<p>RM2,300 for new shelf company</td>
<td>RM400 for sole proprietorship</p>
<p>RM600 for partnership (depends on number of partners)</td>
</tr>
<tr>
<td>Continuity</td>
<td>Ownership transferable to spouse and second generation or saleable to any parties for a price</p>
<p>Even the major owner (shareholder) has passed away, the business will not be affected legally.</td>
<td>Owner dies, business will cease operation immediately.</p>
<p>Once any one of the partner deceased, the partnership will be considered dissolved.</p>
<p>Anything   happen to the owner or partner, the business will be legally considered   ceased operations immediately, as the owner is company and company is   owner.</td>
</tr>
</tbody>
</table>
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		<item>
		<title>Upgrade from Sole-Proprietor/Partnership to Sdn Bhd Company</title>
		<link>http://www.malaysiaco.com.my/upgrade-from-sole-proprietor-partnership-to-sdn-bhd-company/</link>
		<comments>http://www.malaysiaco.com.my/upgrade-from-sole-proprietor-partnership-to-sdn-bhd-company/#comments</comments>
		<pubDate>Tue, 28 Sep 2010 16:26:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Company Formation]]></category>

		<guid isPermaLink="false">http://www.malaysiaco.com.my/?p=97</guid>
		<description><![CDATA[Convert your enterprise/partnership to Sdn Bhd Company There must be one of the following reasons you may want to convert your business from sole-proprietorship (enterprise) or partnership to Sdn Bhd Company (Private Limited Company): 1.    You want to enjoy better tax rate and pay less tax! 2.    You may need to be a sdn bhd [...]]]></description>
				<content:encoded><![CDATA[<h2 class="style2"><span id="internal-source-marker_0.7866241030413373">Convert your enterprise/partnership to Sdn Bhd Company</span></h2>
<p>There   must be one of the following reasons you may want to convert your   business from sole-proprietorship (enterprise) or partnership to Sdn Bhd   Company (Private Limited Company):</p>
<p>1.    You want to enjoy better tax rate and pay less tax!</p>
<p>2.    You may need to be a sdn bhd to tender for a project.</p>
<p>3.    You want to apply for business loans</p>
<p>4.    You want to manage it in systematical and professional way.</p>
<p>5.    Better image for your business by having sdn bhd for your business</p>
<p>6.    Your business is growing fast and great, you may want to transfer your business to your children.</p>
<p>7.    You may want to sale your business for a luxury price.</p>
<p>What do we need from you:</p>
<ul>
<li>Copy of Enterprise Registration Form D</li>
<li>Photocopy of I/C of the directors (at least 2 persons)</li>
<li>Proposed name for New Sdn Bhd Company</li>
</ul>
<p>Let us handle the rest for you, and all it costs at <strong><a href="http://www.nbc.com.my/company-formations-registration.html">only RM1,460</a></strong>.</p>
<p>For more information, go to <strong><a href="http://www.nbc.com.my/company-formations-registration.html">New Setup Company / New Incorporation Company</a></strong></p>
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