A Private Limited Company or also known as “Sendirian Berhad” or “Sdn. Bhd.” is the most common type of business vehicle for business start-up in Malaysia. Malaysia has the strategic location in the world to do businesses and a Sdn Bhd is among the most popular business entity options in Malaysia because it is considered a separate legal entity from its owners. A Sdn. Bhd can be started by both locals and foreigners.
The Government of Malaysia also provides strong support through the favourable tax regime and creation of a legal and regulatory structure that will facilitate businesses. With the revision of the Company Act 1965 to Company Act 2016, foreign investors who have the residential address in Malaysia are now allowed to solely own a Company (becoming a director and shareholder) without the need to appoint a local nominee director.
The best structure to start a business is by incorporating a private limited Company (Sdn. Bhd.). Our professionals will be able to help you incorporate a Sdn. Bhd. in Malaysia!
Limited Liability
The liabilities borne by directors or shareholders are up to the extent of unpaid shares only.
Separate Legal Entity
A Company will survive on its own irrespective of the identities of its directors, founders or shareholders. A company can acquire assets, sue or be sued, and create agreements.
Greater access to capital funding
A Company is easier to obtain loan from financial institution as compared to sole proprietorships or partnerships.
Tax advantages
The corporate tax rate for a Sdn Bhd is typically lower than the individual tax rate as a Sdn Bhd is taxed based on their profits.
At least 1 Director, 18 years old and above, ordinarily reside by having a principal place of residence in Malaysia (can also be the sole shareholder)
At least 1 individual Shareholder, 18 years old and above (can also be the sole director); OR a Corporate Shareholder
Director must not be a bankruptcy/ convicted a serious offence within or outside Malaysia
Appoint a Company Secretary who is qualified under professional bodies or licensed by SSM
Share capital – as low as RM1.00 paid up capital
Malaysia Registered Office – we provide our address as your Registered Office address
Our incorporation package includes
Choose a Company Name
Contact us NOW as your Secretarial Agent and we will do the A-Z set up for you!
New Sdn. Bhd. is incorporated!