Incorporate a Private Limited Company (Sdn Bhd)

1.Features of Private Limited Company

1. An individual or a company, whether local or foreign, can be the owner (shareholder) of a Private Limited Company.
2. It is a separate legal entity, therefore:
   1. The shareholder’s liability is restricted to the share(s) subscribed;
   2. It can sue or be sued in its name;
   3. It can acquire and hold property in its name;
   4. It can have a common seal in its name;
   5. It may do any other legal activities in its name.
3. There must be at least 1 shareholders and shall not exceed 50 shareholders.
4. There must be at least 1 directors appointed to run the business for the shareholder, however, the shareholder can be appointed as the director simultaneously.

2.Requirements of setting-up a Private Limited Company (Sdn Bhd)

1. There must be at least 1 director and 1 secretary, who are ordinarily residents in Malaysia.
2. The company must have a registered office address in Malaysia.
3. The minimum paid-up share capital is RM1 (ie minimum 1 shareholder, can be individual or body corporate).

3.The Procedure  of Incorporation of a Private Limited Company (Sdn Bhd)

Note: The above timetable is assuming all documents & information are provided by the promoter(s).  This does not included any delay caused by SSM MYCOID systems .

Form or incorporate a Private Limited Company (Sdn Bhd) with us now at RM1,600 onwards – hyperlink to XXX