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ATAHK provides the following instructions to allow all investors to have a better understanding on Malaysia’s investment environment and procedures of Malaysia corporate formation .
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Malaysia Corporate Formation
Malaysia Corporate Formation can be divided into onshore and Labuan offshore
company. ATAHK provides the following instructions to allow all investors to have a better
understanding on Malaysia’s investment environment and procedures of Malaysia corporate
formation .
Malaysia Corporate Formation - Types of Malaysia Company
Malaysia Corporate formation is divided into 2 types: Local companies and Labuan offshore
companies. Local companies in Malaysia exist in entity form, in which investors can choose
between field operation and virtual office. In contrast, Labuan company formation has a flat
tax rate system.
Malaysia Corporate Formation - Malaysia Company Name
Malaysia Corporate Formation can be registered Malaysia company name in English or
Malay, usually ends with “SDN. BHD”. SDN is the abbreviation for Sendirian, meaning
private whereas BHD is the abbreviation for Berhad, meaning limited. SDN. BHD refers to
“Private Limited” whereas Berhad generally refers to “Public Limited Company”. In
Malaysia, companies are generally registered in the form of enterprise, partnership or
private limited company. Private limited company is the most common form among all, for
instance, ATAHK (MALAYSIA) SDN. BHD.
Malaysia Corporate Formation - Authorized capital
A private limited company in Malaysia must have a minimum authorized capital and paid-up
capital of RM400, 000 and RM2 respectively. Paid-up capital may differ with scope of
business, therefore entrepreneurs can place the paid-up capital in phases based on actual
operating conditions.
Malaysia Corporate Formation
Malaysia Corporate Formation-Appointment of shareholders and directors
Each company must provide two (2) or more shareholders; shareholders can be the
directors at the same time. Shareholders do not have nationality restrictions; each company
must have a minimum of two (2) directors, being a natural person with their principal place
of residence in Malaysia or foreigners who hold a visa in Malaysia for more than 6 months.
Malaysia Corporate Formation
ATAHK can assist on coordination and provide local directors if necessary, specifically
Chinese directors with good financial position and professionals.
Malaysia Corporate Formation - Required Documents
English name of the Malaysia Company, personal data of all the shareholders and directors
(Identification card or passport and address), authorized capital and the shares allocation,
articles of association, purpose of company formation and main projects. (All documents
must be translated in English or Malay)
Malaysia Corporate Formation - Procedure
Filling the application form → sign an agreement → make the payment → company name
search → signing of documents at Malaysia → complete the procedure at government
departments → receive full set company information → opening of company bank account
Malaysia Corporate Formation - Timeline
When the required documents are ready, it would take approximately 20 working days to
complete the registration procedures of the Malaysia Company. If the applicant can come
directly to Malaysia to complete the registration procedure, it would only take 7 working
days.
Malaysia Corporate Formation - Service contents
One set of certificate, seal, three articles of association, appointment document of
shareholders and directors.
Malaysia Corporate Formation - Service fees and payment method
Full payment in advance by Cash, cash transfer, telegraphic transfer, cheque and bank
draft to the ATAHK stated bank accounts in Malaysia, Hong Kong and China.
Malaysia Corporate Formation - Corporate Bank Account Opening
Malaysia Corporate Formation
Bank account opening can only be done after the completion of company registration.
Malaysia private limited company can open a bank account at certain banks, for examples,
OCBC Bank and ICBC Bank. ATAHK has an unique advantage in opening bank account for
our clients, which includes recommendation for bank, preparation of account opening
documents, preparing meeting report and application letter for bank account opening,
arranging introducer and follows-up services. Bank account opening requires RM5000
whereas private account opening depends on the bank condition and requires RM3000.
Malaysia Corporate Formation - Company Secretarial services
ATAHK can provide Malaysia Company with operating address, registered address,
receiving call, and fax and mail services.
Malaysia Corporate Formation - Annual filling requirements
Every company must update the company details and submitting annual tax filing to the
government before the deadline. All Malaysia Company which includes dormant company
must prepare the company account. ATAHK can provide our clients with accounting and tax
services and charge accordingly.
Malaysia Corporate Formation - Working permit
The authorized and paid up capital of Malaysia Company must be at least 1 million ringgit
for those company who want to apply working permit for foreign workers. ATAHK can assist
our clients to apply for the working permit.
Malaysia Corporate Formation - Our Commitment
ATAHK ensure all the documents and certificates given to our clients are authenticated by
professional lawyers in China, Hong Kong and United States. If any fault occurred, ATAHK
shall bear all the legal responsibilities and make double compensation to our clients.
Contact us
Malaysia Corporate Formation
For any enquries, please do not hesitate to contact us,Malaysia hotline:603-2141
8908,Fax:603-21418909; or email at [email protected]. Group website:www.3737580.net