Over 18 Years Experience
Over the past 18 years, we’ve helped many people launch their own businesses with easy registration.
We Evolve Continuously
We always keep evolving to ensure we meet our customers requirements with speed and efficiency always.
Undivided Support
We manage and set things right to get your company registered and start doing business the way you want to.
Sdn. Bhd. / Pvt. Ltd. Company Registration in Malaysia
Not like others, new business start-up entrepreneur like to have an easy registration with lower fees registration !
- Skip the line for meeting and experience our Professional Formation team with quick-and-easy online Sdn. Bhd. / Pvt. Ltd. registration.
- Very clear pricing and no any hidden cost. Avoid the bill shock and be sure that what you see is what you get.
- Enjoy peace of mind with our 18 years of experience of our Licensed Company Secretary.
- One(1) single Director / One(1) single Shareholder allowable
- Local Malaysian / Foreigner allowable
- Arrangement on Bank account opening
With our unique process, you can now register your company with speed, value and ease with Professional Formation.
Why spend more time and effort if you can do it with less?
Easy 3 Steps Company Registration
Register your business hassle-free in just three simple steps—Choose your company type, Submit required documents, and Get registered officially.
Free Name Search
Fill in a quick form to start a free name search. This is to check if your proposed company name still available on SSM database (Please note that the name approval is entirely at SSM discretion eventhough the name is not available in SSM database).
Provide Registration Info
Fill in a quick form to start a free name search. This is to check if your proposed company name still available on SSM database (Please note that the name approval is entirely at SSM discretion eventhough the name is not available in SSM database).
Company Registered!
Fill in a quick form to start a free name search. This is to check if your proposed company name still available on SSM database (Please note that the name approval is entirely at SSM discretion eventhough the name is not available in SSM database).
5 Requirements to Form a Company in Malaysia
A minimum paid-up
capital of RM1
only.
A minimum of one (1) subscriber to the
share(s) of the company.
A minimum of one director who are at least 18 years of age and is residing in Malaysia. He/she is not a bankrupt and has not been convicted and imprisoned for a period of past 5 years.
A minimum of one Company Secretary (Company Secretary must be a member of any one of the prescribed professional bodies or licensed by
the SSM).
Must have a registered office in Malaysia to which all communications and notices may be addressed. We offer complimentary use of our office as the registered office.
Simple & Transparent PricingNo Hidden Fees
We are a believer of transparency. We want our customers to be clear what they are paying (and what they do not need to). Unlike many other providers on the market, we don’t provide cheap (or even free) service only to lock you down on expensive contract renewals that’s impossible to cancel.
We don’t like hideous acts, and we believe that by doing good works, our precious customers like you will entrust us in your future business endevour. Rest assure that we are worth every cent that we charge you, and you’ll receive unparalleled service from our team of experienced company secretaries.
*Once payment is made and name reservation is processed, an administration fee of RM1,000 will be charged for any cancellation or withdrawal of order.
** Value Plan requires a lock in period of 24 months
Pre Incorporation – FAQs
Comparison between Sdn. Bhd. (Private Limited Company) and Sole Proprietor
| Sdn. Bhd. | Sole Proprietorship | |
| Person who is liable for the Company’s debts | Company | The Owner of the Sole Proprietor |
| Legal liability | Sdn. Bhd. has limited liability as it is a separate legal entity where shareholders would be protected by the corporate veil. Personal assets & wealth are protected. | Sole Proprietor’s liability is unlimited as there is no separate legal entity between the Owner and the Sole Proprietor. The Owner’s personal assets and wealth will be jeopardised due to risks exposed in the business. |
| Raising Capital & funds | A Sdn. Bhd. is easier to obtain funds and raise capital as the Companies Act 2016 requires its accounts to be audited and certified. Hence, the account is reliable and trustworthy. Please note that a Sdn. Bhd. can opt for audit exemption. | A Sole Proprietor is relatively harder to raise capital and funds as the accounts need not to be audited. |
| Income tax rate | First RM 500,000 chargeable income taxed at 17%. Subsequently, the tax rate is 24% for all chargeable income. | Please note that Sole Proprietor itself is not subject to tax. However, it is the individual who owns the Sole Proprietor (Owner) is subjected to tax. The tax rate is in accordance with personal tax rate. Currently, raging from 0% to 28% |
| Cost of maintaining the Company | It is higher compared to a Sole Proprietor as a Sdn. Bhd. has to incur yearly fixed costs for audit, tax and secretarial retainer fee | Minimal |
| Continuity/Succession Planning | Ownership is transferable to spouse and second generation. Alternatively, it can be sold to any party for a consideration. | Once the Owner has passed on, the Sole Proprietorship will immediately as ceased. As discussed above (Legal Liability) there is no separation between the Owner and the Sole Proprietor. |
| Summary | It is more advantageous to set up a Sdn. Bhd. as the Owner’s wealth will be protected and it is easier to expand the business and raise funds in the future. Additionally, transfer the ownership is allowed. Please note that Foreigners cannot set up a Sole Proprietorship. They are only allowed to set up a Sdn. Bhd. | |
Requirements for setting up a Sdn. Bhd.
- Minimum one resident director
- Minimum one shareholder (Malaysian/Foreigner/Body Corporate)
- Minimum one Company Secretary who is certified and licensed under the Companies Commission of Malaysia
- We propose that the minimum capital to be RM1.00
Requirements for being a Director
- A director shall be a natural person who is at least 18 years old
- A person shall not be bankrupt and have not been convicted of an offence in relation to the promotion, formation, management of a corporation, bribery, fraud or dishonesty
Post Incorporation – FAQs
Comparison between Sdn. Bhd. (Private Limited Company) and Sole Proprietor
| Sdn. Bhd. | Sole Proprietorship | |
| Person who is liable for the Company’s debts | Company | The Owner of the Sole Proprietor |
| Legal liability | Sdn. Bhd. has limited liability as it is a separate legal entity where shareholders would be protected by the corporate veil. Personal assets & wealth are protected. | Sole Proprietor’s liability is unlimited as there is no separate legal entity between the Owner and the Sole Proprietor. The Owner’s personal assets and wealth will be jeopardised due to risks exposed in the business. |
| Raising Capital & funds | A Sdn. Bhd. is easier to obtain funds and raise capital as the Companies Act 2016 requires its accounts to be audited and certified. Hence, the account is reliable and trustworthy. Please note that a Sdn. Bhd. can opt for audit exemption. | A Sole Proprietor is relatively harder to raise capital and funds as the accounts need not to be audited. |
| Income tax rate | First RM 500,000 chargeable income taxed at 17%. Subsequently, the tax rate is 24% for all chargeable income. | Please note that Sole Proprietor itself is not subject to tax. However, it is the individual who owns the Sole Proprietor (Owner) is subjected to tax. The tax rate is in accordance with personal tax rate. Currently, raging from 0% to 28% |
| Cost of maintaining the Company | It is higher compared to a Sole Proprietor as a Sdn. Bhd. has to incur yearly fixed costs for audit, tax and secretarial retainer fee | Minimal |
| Continuity/Succession Planning | Ownership is transferable to spouse and second generation. Alternatively, it can be sold to any party for a consideration. | Once the Owner has passed on, the Sole Proprietorship will immediately as ceased. As discussed above (Legal Liability) there is no separation between the Owner and the Sole Proprietor. |
| Summary | It is more advantageous to set up a Sdn. Bhd. as the Owner’s wealth will be protected and it is easier to expand the business and raise funds in the future. Additionally, transfer the ownership is allowed. Please note that Foreigners cannot set up a Sole Proprietorship. They are only allowed to set up a Sdn. Bhd. | |
Requirements for setting up a Sdn. Bhd.
- Minimum one resident director
- Minimum one shareholder (Malaysian/Foreigner/Body Corporate)
- Minimum one Company Secretary who is certified and licensed under the Companies Commission of Malaysia
- We propose that the minimum capital to be RM1.00
Requirements for being a Director
- A director shall be a natural person who is at least 18 years old
- A person shall not be bankrupt and have not been convicted of an offence in relation to the promotion, formation, management of a corporation, bribery, fraud or dishonesty
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