How Switching to Digital Benefits Your Business A Company Secretary, or CoSec, is responsible for maintaining the record of all statutory documents of a company and taking care of its compliance requirements. It is a very important function. In Malaysia, it is a mandatory requirement under the Companies Act 2016 to appoint a Company Secretary …
Before starting a business in Malaysia, you will first need to register a business entity with The Companies Commission of Malaysia (SSM) within 30 days from when you start operating. Given there are different types of entities available, it is crucial to first understand their functions and associated pros and cons to ensure that the …
Understanding Different Types of Business Entities in Malaysia Read More »
The article details the steps on how to set up a franchise business in Malaysia. The article includes the cost of starting, financing, laws, and regulations for this process. 1. What is a Franchise Business? A franchise business is a business where the owners (“franchisors”) license the rights of their business including the logo, trade …
Guide: How to set up a Franchise Business in Malaysia Read More »
In this episode, we have Thong Mei Chuen from Quadrant Biz Solutions on the show to discuss the step-by-step process to incorporate a new company in Malaysia.
Closing down a company may be a decision that a business owner may have to make one day if one no longer needs a company, or maybe if there is a significant drop in income and closing down the company is the better option to prevent further costs incurred to maintain the company. In Malaysia, …
Bidding farewell: Closing down a Company with SSM Read More »
What is the MOF Registration? Providing services for the government sector in Malaysia can be an interesting opportunity for your company. However, there are certain requirements you need to consider before you can get started. If you wish to supply products and services to the Malaysian Government you first need to obtain a license with …
How to Register with The Ministry of Finance (MOF) in Malaysia Read More »
In October 2019, the Companies Commission of Malaysia (SSM) introduced a new format of company registration number for all types of business entities. The new standardised format replaces the various different styles of registration numbers from previous systems and utilizes a single registration format for all business entities in the country. This aligns with the …
What are Company Registration Numbers in Malaysia? Read More »
Now that you have put in all the hard work in getting your company set up, creating your name and corporate ID, it’s time to think about protecting your Intellectual Property and register your trademark. Is it necessary? What are the benefits of registering a trademark? What kinds of protection would be afforded? And just …
Navigating your way through tedious bureaucracy is often challenging and can be confusing, especially if you are not familiar with how an organisation is structured. Yes, it’s true, your company secretary can help to relieve you from wading through the many complicated documents and can help to lodge and receive documents from SSM. But is …
Navigating The Maze: Statutory Documents of a Sdn Bhd Read More »
Are you registering a company for the first time? Use our pre-incorporation checklist to make sure you have everything ready for the process and save time. 1. Type of Company you wish to Incorporate The first step to start your entrepreneurial journey is to find out what type of business entity you wish to incorporate. …