Are you registering a company for the first time? Use our company 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. Each type has its own characteristics. Read more in the link below :
- Enterprise / Sole Proprietorship
- Sdn Bhd / Private Limited
- Berhad / Public Limited
2. Proposed Company Name(s) for your Company
The next step is to find out what you plan to name your company.
Be aware that in Malaysia, there are certain words that are not allowed to be used as company names. These include offensive and gazetted words, as well other controlled terms such as “bank”, “royal”, and ”national”.
Find more information on how to choose a good company name
3. Business Activity Details
Make sure you have an idea about the business activities (business nature and industry) you plan to carry out.
4. Business Address
For your company incorporation, a Business Address is needed. The business address describes where you are carrying out your main business activities. This can be your company HQ, factory address, or home address if you are yet to set up an office.
5. Details of Director(s)
Malaysia requires a minimum of one of the directors to be residing in Malaysia (can be citizen, permanent resident (PR) or employment pass holder)
- Name of director
- Nationality of director
- Address of director
- Is the director residing in Malaysia?
- ID document of director (scan of IC or Passport)
- Proof of residency of director (internet bill, utilities invoice, rental agreement, bank statement)
6. Details of Shareholder(s)
- Name(s) of shareholder
- Nationality of shareholder
- Address of shareholder
- ID document of shareholder (scan of IC or Passport)
7. Shareholding Structure
- Paid-up capital
- Number of shares issued
- Type of shares owned by shareholders – Ordinary or Preference shares
Get Assistance from our Team
If you have any questions about your company incorporation you can contact our team to get a free consultation. If you are ready to start your company incorporation you can submit your details here and we will help you get started.