HowtosetupanEnterpriseinMalaysia?
IfyouarelookingforthelegalservicesofCompanyIncorporationinMalaysia,thenyouhave cometotherightplace.Registrationwala,oneofthepremiumLegalConsultancyProvidersinall ofSouthEastChina,providesthebest-of-classservicesfor companyformationinMalaysia
Ifyouwishtoavailofsuchservices,thenconnectwithourIncorporationExperts.Asforthis article,wehavewrittenthislong-formcontenttodetailhowyoucanRegisteraBusinessin Malaysia.LetusseetheseIncorporationstepsonebyone.TheprocessofCompanyRegistration inMalaysiaisenlistedinthefollowingpoints:
1. ConductCompany'sNameSearchonthechosenphrase
2. ReservethetradingnamefortheCompany
3. ApplyforCompanyIncorporationwiththeMalaysianAuthority
4. FiletherequiredDeclarationfortheIncorporationprocedure
5. Examinerassessestheapplication
6. IssueofNoticeofRegistration
7. ObtaintheIncorporationCertificateandrequiredpermits
Letuslookateachofthesestepsindetail.
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ConductingNameSearchandReservingitwithMalaysian NomenclativeAuthority
ThecompanyregistrationapplicantinMalaysiamustconductaNameSearchontheirchosen companynametochecktheavailabilityintheCorporateRegister.Someoftheguidelinesfor namingandreservingaCompany'stradenameinMalaysiaaredetailedinthefollowingpointers:
1. ACompanynameinMalaysiamustbeunique.Inaddition,itmustnotbesimilartoan alreadyregisteredname
2. ACompanynameapplicantinMalaysiamustcomplywiththeCompaniesAct's requirements
3. ACompanynameapplicantinMalaysiacannotuseoffensivetermsfortradenaming
4. ACompanynameapplicantinMalaysiamustnotbreachanyoftheIPRRightsinMalaysia
5. ACompanynamemustbereservedwiththeIPRAuthority
6. ACompanynameapplicantinMalaysiamusttimelysubmititsincorporationdocumentsto theSSM
7. TheACompanynameapplicantmustsubmitthedocumentswithinthreemonthsofitsname approval
ApplyforCompany IncorporationwiththeMalaysian Authority
Theapplicantmustprovidetheincorporationdetailsintheirregistrationapplication.Also,he mustprovidethedetailsrelatedtothefollowingentities:
1. Directors
2. Shareholders
3. CompanyMembers
Inaddition,thecompanyregistrationapplicantmustalsodetailtheto-be-undertakencommercial activitiesbytheCompany,alongwithitsofficialaddress.
FiletherequiredDeclarationforthe Incorporation procedure
TheCompanyRegistrationapplicantinMalaysiamustprovidetherequiredDeclarationstothe AuthoritiesinMalaysia.Thesedeclarationsmuststatetheprovidedinformationinthe registrationapplicationandassertittobetruetohisknowledge.
Examinerassessestheapplication&IssuesofNoticeof Registration
Afterthesubmissionoftheregistrationapplication,theSSMwillreviewandcheckthe applicationforanyfutureinconsistencies.IftheSSMencountersnoproblemsrelatedtothe application,thenitwillsendacompanyregistrationnoticetotheBusinessapplicant.
ObtaintheIncorporationCertificateandotherrequired Licenses
Iftheregistrationapplicationisincompliancewiththerequisiteproceduresandthesubmission isdonebyattachingthedulyattesteddocumentswiththeprescribedlicensingfee,theSSMwill issuetheIncorporationCertificatetothecompanyapplicant.
AftertheIncorporation,thenewlyregisteredCompanymustapplyforandobtaintherequired permitfromtheAuthoritiesbeforestartingitscommercialactivitiesasspecifiedinits MemorandumandArticlesofAssociation.
Contentsource:https://biiut.com/read-blog/45438_how-to-set-up-a-enterprise-in-malaysia.html