We come across many sole proprietorship and partnership owners who would like to ask about the cost of running Sdn. Bhd. Company in Malaysia. Today, this article will talk about the cost of running Sdn. Bhd. Company or private limited company in Malaysia. Planning a clear budget for yearly maintenance is a key first step […]
Have you ever thought about setting up a company in Malaysia? Malaysia is centrally placed in Asia Pacific and the Asian region! Malaysia was recently ranked as the world’s sixth easiest and friendliest country to do business in by the world bank! In the latest World Bank Doing Business 2020 report, Malaysia ranked 12th among […]
What is A Company Registration Number? Company registration numbers, known as firm registration numbers are numbers that identify a company and are displayed on their certificate of establishment in Malaysia. A company registration number is unique to the firm to which it is assigned, and no two companies will have the same number. The Companies […]
Understanding the stages required in registering a business is informative and important for individuals beginning new enterprises in Malaysia. This guide will walk you through the process. In general, there are three stages involved when setting up Sdn. Bhd. Company in Malaysia which consists of registration preparation, registration, and post-registration. This guide will walk you […]
Changing a business name is a very common issue in Malaysia and it has procedures to fulfil and follow to change your company’s name successfully. There are several reasons that a firm needs to change its name such as changes of management, management, goals, etc. The appointed company secretary is in charge of filing changes […]
To operate a business in Malaysia, a corporation must comply with the Companies Act 2016 and other applicable legislation. However, the company’s directors are frequently preoccupied with managing the company’s operations and other vital problems and responsibilities. As a result, they may not have the time, capacity, or technical understanding to deal with a company’s […]
Many of our clients like to ask about compliance for the private limited company (Sdn. Bhd.). Private limited companies (Sdn. Bhd.) required more compliance on governance within various government authorities compared to sole proprietorship and partnership. Hence, this article shows the compliance you need to fulfil monthly and yearly. Monthly Compliance for the Private Limited […]
Many people heard the phrase ‘company secretary.’ Many people might doubt whether their company needs a company secretary, especially for SMEs as they want to cut costs. So, does your company need a company secretary? In this article, we will tell you more about the duties of company secretary. Does Your Company Need a Company […]
What is the Role of the Company Secretary? A company secretary is more than just filing documents or doing the fundamental duties of a standard secretary in a firm. In today’s world, a company secretary serves as more of a consultant to the corporation than merely an administrator. Here are the 5 qualities a good […]
Why Company Name is So Important? A business company name is considered the soul of the business. People will have a first impression of your company by looking at your company’s name. So, choosing the right company name which most suits you are very important to get success. Furthermore, choosing a company name is also […]
Definition of Partnership Usually, we will form up our business with more than 1 person to capture more resources and capital easily. So, a partnership or private limited company (Sdn. Bhd.) will be your choice if you want to incorporate a business in Malaysia with more than 1 member. Partnership A partnership is a traditional […]
In Malaysia, you can choose a few business structures available to set up a business. They are a Private Limited Company (Sdn. Bhd.), sole proprietorship and partnership. Each of them has their advantages. Therefore, it is important to understand the differences to choose the best business structure. The following is the difference between a sole […]