Registering a Sdn. Bhd. Company in Malaysia: A Comprehensive Guide for Foreign Entrepreneurs Malaysia is a prime destination for foreign businesses, thanks to its welcoming stance on foreign shareholding. This guide will walk you through the process of registering a Sdn. Bhd. company in Malaysia, covering the role of SSM Malaysia, the types of business […]
Expert Accounting and Bookkeeping Services in Malaysia Managing your business’s accounting and bookkeeping can be tedious and time-consuming. At Consistant Info, we offer professional, comprehensive accounting and bookkeeping solutions for Malaysian businesses (Sdn. Bhd Company, enterprise or limited liability partnership), both onsite and offsite. Our services provide you with a dedicated bookkeeper and manager to […]
Display Your Sdn. Bhd. Company Name and Number on Your Website Under the Malaysian Companies Act 2016, Section 30(2)(b) mandates that registered companies must prominently display their full legal name and current registration number on their websites and social media platforms. Failing to meet this requirement can result in severe penalties from the Companies Commission […]
6 Essential Steps for Malaysian Company Incorporation Starting a company in Malaysia involves several critical steps to ensure compliance and smooth operation. Here’s a streamlined guide to incorporating your business in Malaysia: 1. Conduct a Name Search The first step in incorporating your business is conducting a name search with the Companies Commission of Malaysia […]
Comprehensive Company Secretarial Services in Malaysia At Consistant Info, we provide a full suite of company secretarial services in Malaysia. Our offerings range from company registration and provision of a registered office to routine secretarial maintenance, advisory and restructuring services, and assistance during board meetings. The role of a company secretary is crucial for any […]
E-BOS System and Reporting Timelines Under Malaysia’s Companies Act 2016 As of April 1, 2024, amendments to the Companies Act 2016 (CA 2016) through the Companies (Amendment) Act 2024 have come into effect. These changes introduce significant updates to beneficial ownership reporting, implemented by the Companies Commission of Malaysia (CCM). With the launch of the […]
What is an Investment Holding Company (IHC)? What is an Investment Holding Company (IHC)? An Investment Holding Company (IHC) is a legal entity created to hold assets, such as property. Acting as a separate legal body from the individuals involved, an IHC manages investment assets, handles liability of debts, facilitates loan applications, and manages taxation […]
Understanding the Legal Validity of E-Signatures and Digital Signatures in Malaysia With the rapid growth of e-commerce and digital transformation, electronic signatures (e-signatures) have gained popularity for their simplicity. They allow users to sign documents online with just a click, mimicking a handwritten signature on a document. However, while e-signatures are convenient, their legal validity […]
Understanding Beneficial Ownership Disclosure in Malaysia: Key Requirements and Practices Business entities are crucial to Malaysia’s economic growth, but their structures, such as Sdn. Bhd. or Limited Liability Partnerships, can be exploited for illicit activities like money laundering, terrorism financing, and other serious crimes. Often, the real perpetrators use these entities to hide their identities. […]
6 Methods for Foreign Investors to Obtain Ownership of a Company in Malaysia Foreign investors can establish ownership of a company in Malaysia by setting up one of the following six types of foreign company registration options: 1. Branch Office A branch office in Malaysia operates as an extension of the foreign parent company, without […]
How to Close a Sdn Bhd Company in Malaysia: A Comprehensive Guide In this article, we delve into the Strike-Off option, one of the most cost-effective ways to close a Sdn Bhd company during these challenging times for businesses in Malaysia. Under sections 549(a) and 550 of the Companies Act 2016, a Sdn Bhd company […]
What are the frequently asked questions (FAQS) on setting up Sdn. Bhd. Company In Malaysia in year 2024? Q11: Can I incorporate a Sendirian Berhad (Sdn. Bhd.) in Malaysia without having its director reside in Malaysia? A11: Unfortunately, no. According to the Companies Act 2016,there must be at least one (1) director who ordinarily residesin […]