Follow these guidelines for setting up a company in Malaysia 

Are you wondering how to malaysia company setup? Malaysia is known to be the fast earning traction as one of the ideal investment destinations to set up a business. Malaysia is not that hard, it could be an intimidating task without appropriate guidance. For how to register corporate services in Malaysia and begin a business.

Understand how to set up a company in Malaysia

There are a lot of challenges encountered by foreigners looking to start a company in the region. Before you can register your business, for example, you have to register with the Companies Commission of Malaysia known as SSM. A Business Registration Form must submit to a foreign entrepreneur. They must give a copy of their passport or identification card. Also, prepare the payment needed. An extra fee needs to pay once you use a company secretary to integrate the company in your name.

Fundamental criteria for setting up a company in Malaysia

A person must meet particular requirements to be permitted for their company. These comprise:

• They should be 18 years or older
• They must inhabit Malaysia
• They must not be disqualified under Section 198 of the Companies Act 2016

Any foreigner wanting to establish a company must ensure they can meet the needed criteria. You must:

• A plan about the nature of the business you plan to conduct
• The identity of all directors and corporate shareholders
• Give at least three possible names for the company
• Articles of incorporation submitted to the government of Malaysia
• Distributing of a Registration Certificate

Understand how to incorporate a Malaysia company

• Select a business entity to set up a company in Malaysia
• Meet the needed requirements
• Complete online form
• For SSM submission sign documents digitally
• Get your certificate of incorporation

To set up a company in Malaysia, these documents are needed:

In addition, you need to get and prepare the following documents:

• The name of your company
• Main business activities
• Copies of passports or all shareholder’s identification cards
• Most current residential proof of address in Malaysia
• The least paid-up capital details
• Part of shareholding for all shareholders of the company

Malaysia company needs these documents as well:

• Only one subscriber to the company’s shares
• At least one resident director
• At least one company secretary in Malaysia

You also have to prepare:

• A passport to confirm your identity
• Authorization documents if your company name handles any trademarked terms

With all these requirements you can set up a company in Malaysia.