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ameeksingh GoÂ???
Dołączył: 01 Sie 2025 Posty: 1
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Wysłany: Pią Sie 01, 2025 11:23 am Temat postu: What are the eligibility criteria for Sdn Bhd Company? |
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To be eligible to register a Sendirian Berhad company in Malaysia, certain criteria must be met under the Companies Act 2016. The company must have at least one director who is a natural person, aged 18 or above, and ordinarily resident in Malaysia, including Malaysian citizens, permanent residents, or foreigners holding a valid work permit.
A minimum of one shareholder is also required, and the shareholder can be the same person as the director. Shareholders may be individuals or corporate entities, and both local and foreign ownership are allowed, depending on the business sector. Additionally, the company must appoint a qualified company secretary within 30 days of incorporation; the secretary must be licensed by the Companies Commission of Malaysia (SSM). A local registered office address in Malaysia is also required for official communications.
While the minimum paid-up capital to start an Sdn Bhd is RM1, certain industries may require higher capital depending on licensing or regulatory needs. Foreigners are eligible to fully own an Sdn Bhd in most sectors, but some may have local equity or licensing requirements. Ensuring compliance with all legal and regulatory obligations is essential for successful registration and operation. _________________ Global business setup expert helping entrepreneur register Sdn Bhd company in Malaysia , ensure compliance & optimize taxes. |
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