How to set up a company in Malaysia?
Setting up a company in Malaysia involves several steps and procedures. Here is a general overview of the process: Decide on the Type of Company: Determine the type of business entity you want to establish. The common types are a private limited company (Sdn Bhd), sole proprietorship, partnership, or branch office of a foreign company. Choose a Business Name: Select a unique and appropriate name for your company. Ensure the name is not already registered by another company and doesn't violate any naming guidelines set by the Companies Commission of Malaysia (SSM). Appoint Company Directors and Shareholders: Appoint at least one director who is a resident of Malaysia. You can have 100% foreign ownership in most industries, but some sectors may have specific ownership restrictions. Register with the Companies Commission of Malaysia (SSM): Register your company with the SSM. You can do this through the MyCoID portal or by visiting the nearest SSM office. You will need to submit the n