Unlock Your Business Potential
Why Incorporate an SDN BHD Company in Malaysia
Incorporating a business is a significant step for any entrepreneur, and choosing the right structure is crucial to your success. Malaysia, with its robust economy, strategic location, and business-friendly policies, offers an ideal environment for business growth. One of the most popular business structures in Malaysia is the Sendirian Berhad (SDN BHD) company. In this article, we'll explore why incorporating an SDN BHD company in Malaysia is a smart move for both local and foreign entrepreneurs.
Limited Liability Protection
One of the primary reasons businesses opt for the SDN BHD structure is the protection it offers to shareholders. When you register an SDN BHD company, your personal assets are separate from the company’s liabilities. In other words, your liability is limited to the amount of capital you’ve invested in the company. This means that in case of financial difficulties or legal issues, your personal wealth remains shielded.
Credibility and Trustworthiness
Perception matters in business, and an SDN BHD company is often perceived as more credible and trustworthy compared to sole proprietorships or partnerships. This enhanced credibility can make it easier to attract investors, win the trust of customers, and establish fruitful partnerships, which are crucial for business growth.
Access to Funding
Growing a business often requires access to capital. SDN BHD companies have the advantage of easily raising funds by selling shares to investors. Whether you seek local investors or want to tap into international markets, this structure provides a versatile platform for attracting investment, which can fuel your business expansion plans.
Business Continuity
SDN BHD companies offer perpetual succession, meaning the company can continue to exist even if the ownership changes. This ensures business continuity and stability, making it easier to plan for the long-term and secure your business’s future.
Tax Benefits
Malaysia offers various tax incentives to SDN BHD companies, making it an attractive option for tax-conscious entrepreneurs. These incentives may include preferential tax rates for specific industries, tax exemptions, and other tax-related benefits that can positively impact your bottom line.
Global Expansion
If you have aspirations of taking your business global, an SDN BHD company structure can facilitate your expansion plans. Malaysia’s strategic location in Southeast Asia and its strong trade connections make it an ideal hub for regional and international business activities.
Why Register A Company in Malaysia?
Through our quick and easy online business registration in Malaysia, the application will only take you 10 minutes. Refer to the information below to guide you in your Malaysia company registration with us.
Malaysia Company Setup Requirements
Documents required for Malaysia Company Incorporation
Malaysia resident shareholder and director:
– Copy of Malaysia IC/Passport
Non-resident shareholder and director:
– Copy of passport
– Copy of residential address proof such as a recent utility bill, residential phone bill, tax bill, cable TV bill or bank statements
If a shareholder is a corporate entity:
– Copy of the certificate of registration
– Current extract of company particulars from Registrar of Companies
– Copy of the constitution of the company
– A board resolution approving the incorporation of the Malaysia company and the proposed shareholding
Malaysia Company Incorporation Process
1. Engage our company
Provide us the details of your new company together with your IC /Passport.
2. Conduct name search
We will perform simple “KYC” and check your proposed company name with Companies Commission of Malaysia(SSM)
3. Sign documents
Once company name is approved, sign your documents
4. Your Company is ready
We will submit the signed documents to SSM.
-Certificate of Incorporation will be issued by SSM and your Company is ready to go
Registration of Malaysia Company
- Name application fee payable to SSM Malaysia for 2 name search
- Registration fee payable to SSM Malaysia
- Appointment for new directors (up to 5) & shareholders (up tp 5)
- Issue of ordinary shares (paid-up capital) at min.RM1
- Appointment of 1st company secretary after registration
- Board resolution for opening 1st local bank accounts
- Preparation of minutes for First Board Meeting
- 3 sets Certified Copies of Company Profile and Notice of Registration
