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 […]
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 […]
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 […]
10 FAQs On Sdn. Bhd. Company Incorporation In Malaysia in year 2024 Q1:Who can incorporate a Sendirian Berhad (Sdn. Bhd.) ? A1: To incorporate a Sendirian Berhad (Sdn. Bhd.), you need to be at least 18 years old, reside in Malaysia, and are not disqualified under Section 198 of the Companies Act 2016. If you […]
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 […]
10 Deadlines in the month of May 2024 for Malaysian Companies In May 2024, Malaysian companies face crucial deadlines for tax compliance and employee benefits. Adhering to these deadlines is essential for maintaining regulatory compliance and smooth business operations. Here are the key deadlines to remember: May 15, 2024: PCB (April Salary): Ensure prompt processing […]
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 […]
Determining the Financial Year End In Malaysia, the Companies Act 2016 grants companies the autonomy to choose their financial year end. While the Act does not stipulate a specific date, it mandates that companies prepare Financial Statements within certain timelines and submit them to regulatory bodies. 1. Financial Year End Selection: i. Preparation of Financial […]
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 Capital Structure of SDN BHD Companies in Malaysia 1) Defining Paid-Up Capital: Paid-up capital, also known as contributed capital or paid-in capital, represents the funds injected into a company by its shareholders in exchange for shares. It serves as the financial foundation, enabling companies to fuel operations, pursue investments, and manage debts. Paid-up […]