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company incorporation steps
Here is an overall summary of the incorporation procedures for your Malaysian business.
procedures

  1. Reserve company name (2 weeks)
    • Search Malaysia’s Company Commission (the CCM);
    • If the name is available, the name will be reserved;
    • The name is reserved for 3 months from the date of approval;
  2. Submit incorporation forms (4 weeks)
    • The incorporation documents must be submitted within the 3 months following the name reservation;
    • We will prepare these documents for the Client’s signature;
    • Once the signed documents are received, we will submit these to the CCM;
  3. Open bank accounts (4 weeks)
    • If required, we will carry out corporate bank account opening for our Client;
    • We work with international banks such as HSBC, Standard Chartered and Citibank, as well as local banks such as Maybank, CIMB and RHB;
    • We will try to complete this process without our Client travelling;
  4. Final steps (2 weeks)
    • At the end of the process, we will courier you a company kit which includes: i) original corporate documents and ii) unopened bank correspondence;

Documents required

  1. Memorandum and Articles of Association
    • We will assist in the drafting of suitable corporate documents and the originals will need to be stamped by the Inland Revenue Board for US$30.
  2. Declaration by Director prior to appointment
    • This declares that the director is not bankrupt;
    • This declares that the director has not been convicted for any prescribed offence.
  3. Declaration of Compliance
    • Declares that all requirements of the Companies Act have been complied with;
    • It is to be signed by the company secretary named in the Memorandum and Articles of Association.
  4. Letter of approval of company name (name reservation certificate);
  5. Identity card copies for the director and company secretary.

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