What are The Requirements to Form a Private Limited Company (Sdn. Bhd.) in Malaysia?

To form a private limited company (Sdn. Bhd.) in Malaysia, several requirements must be met. Here is a summary of the key requirements:

1. Company Director:
The company must have at least one person serving as a director.

2. Director's Qualifications:
The appointed director must fulfill the following conditions:
- Ordinarily reside in Malaysia, having a principal place of residence in Malaysia.
- Be above 18 years of age.
- Not be an undischarged bankrupt.
- Have not been convicted of a serious offence within the past 5 years.

3. Company Secretary:
Every company is required to appoint a company secretary within 30 days of its incorporation. The company secretary must be a member of any of the prescribed professional bodies or licensed by the Companies Commission of Malaysia (SSM).

4. Shareholders:
A private limited company must have at least one shareholder. Shareholders can be individuals or corporate entities, and they can be local or foreign.

5. Paid-up Capital:
There is no minimum paid-up capital requirement, but the company needs to issue a minimum of one share.

6. Registered Office:
The company must have a registered office in Malaysia to which all communications and notices may be addressed.

7.Name Approval:
The proposed company name must be approved by the Companies Commission of Malaysia (SSM) before the incorporation process.

8. Registration with the Companies Commission of Malaysia (SSM):
The company must submit the necessary documents, including the Memorandum and Articles of Association, to the Companies Commission of Malaysia (SSM) for registration.

It's important to note that these requirements may be subject to changes or additional conditions, and it's advisable to check with the Companies Commission of Malaysia (SSM) or seek our professional advice for the most up-to-date information.

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