How to Register an Sdn Bhd Company in Malaysia: A Complete Guide
Starting a business in Malaysia is a promising endeavor, and registering a Sdn Bhd (Sendirian Berhad) company is one of the most popular business structures among entrepreneurs. If you're looking for an efficient way to complete your SSM sdn bhd registration malaysia, this guide will walk you through the essential steps, benefits, and requirements of company incorporation in Malaysia.
What is an Sdn Bhd Company?
An Sdn Bhd (Private Limited Company) is a legally separate entity from its owners and offers limited liability protection. This means that the company’s debts and liabilities do not affect the personal assets of its shareholders.
In Malaysia, all business registration is overseen by the Companies Commission of Malaysia (SSM), which ensures compliance with the Companies Act 2016. To register an SSM company in Malaysia, you must follow specific steps and provide the necessary documents.
Benefits of Registering an Sdn Bhd in Malaysia
- Limited Liability Protection – The personal assets of shareholders are safeguarded from company liabilities.
- Separate Legal Entity – An Sdn Bhd company operates independently from its owners.
- Easier Access to Funding – Investors and banks prefer financing private limited companies.
- Higher Credibility – An Sdn Bhd is perceived as more professional and reliable compared to sole proprietorships.
- Perpetual Existence – The business continues even if shareholders change.
- Tax Benefits – Sdn Bhd companies enjoy lower corporate tax rates than individuals.
Step-by-Step Guide to Sdn Bhd Registration in Malaysia
Step 1: Choose and Reserve a Company Name
Your first step is to select a unique and relevant company name. You must check name availability through SSM’s MyCoID system and submit a name reservation request. If approved, the name is reserved for 30 days.ssm sdn bhd registration malaysia
Step 2: Prepare Required Documents
To proceed with company incorporation in Malaysia, you need to submit the following:
● Proposed company name
● Business nature and activities
● Personal details of directors and shareholders
● Registered business address
● Declaration of compliance (Section 201)
Step 3: Submit Company Registration with SSM
Once you have the required documents, submit your application via MyCoID 2016, SSM’s online system. The standard processing time is 1-3 business days.register ssm malaysia
Step 4: Obtain a Certificate of Incorporation
Upon successful registration, SSM will issue a Certificate of Incorporation, confirming that your business is officially registered.
Step 5: Open a Corporate Bank Account
With your Certificate of Incorporation and company documents, you can open a corporate bank account. This is crucial for managing business transactions.
Step 6: Register for Necessary Licenses & Permits
Depending on your industry, you may need additional business licenses. Consult local authorities or Consistantinfo.com.my to ensure compliance.
Step 7: Register for Taxes and EPF
● Corporate Tax Registration – Register with the Inland Revenue Board of Malaysia (LHDN) for tax compliance.
● Employee Provident Fund (EPF) & SOCSO – If hiring employees, register with EPF and SOCSO for social security contributions.
How Much Does Sdn Bhd Registration Cost in Malaysia?
The official SSM registration fee for an Sdn Bhd is RM1,000. However, additional costs may include name reservation fees, professional service fees, and business license fees.company incorporation malaysia
Why Choose Consistantinfo.com.my for Sdn Bhd Registration?
● Hassle-Free Process – We handle the paperwork and ensure a smooth registration experience.
● Fast Approval – Our team speeds up the incorporation process.
● Expert Guidance – We provide consultation on company structure, tax compliance, and legal requirements.
● Affordable Packages – Competitive pricing with no hidden fees.
Conclusion
Registering an Sdn Bhd company in Malaysia is a crucial step for entrepreneurs seeking growth, credibility, and legal protection. By following the correct procedures and working with experts like Consistantinfo.com.my, you can set up your business efficiently and focus on success.business registration malaysia
If you need professional assistance with business registration in Malaysia, contact Consistantinfo.com.my today and start your journey towards building a successful company!
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