06.

FAQs – Formation New Company SDN BHD 

01.
Can a foreigner become a director of a Private Limited Company / SDN BHD?



YES! A foreigner can become a director of any limited company as long as he/she fulfil the requirement Question No.1 above.

02.
Who can become a Company Secretary of a Private Limited Company / SDN BHD?

 

  • A member of MIA (Malaysian Institute of Accountants)

  • Licenses Company Secretary of CCM / SSM (suruhanjaya Syarikat Malaysia) i.e. Registrar of companies

  • A member of MAICSA (Malaysia Institute of Chartered Secretaries And Administrator)

  • Lawyer practice in Malaysia

03.
What are the factors to consider when forming a new company?

  • Is he/she qualified as Company Secretary? Appointing a person who is not qualified as Company Secretary may lead you toward endless trouble in future. Qualified Company Secretary must be a Chartered Accountant – MIA, Chartered Secretary, Lawyer or Licenses Company Secretary.

  • Did he/she have an officer or operate form home?

  • Did he/she offer on time and good services? (Some take a weeks to prepare a resolutions)

  • Pricing secretary fees (retainer fees) per month, unreasonable disbursement charges, advance secretary fee payment for new incorporation etc.

  • Did he/she provide long term support and advice on Company Secretarial matters?

  • Did he/she capable of providing sufficient information and advice on corporate matters?

04.
How to know that a person is member of MIA, MAICSA, Lawyer or Licenses Secretary?

 

  • Check to relevant website

  • Check to relevant authority

05.
What are the steps to form company SDN BHD?

 

  • Name Search

- Information required Name & IC No. at least 2 person (directors)

- Doesn’t required signature from directors / shareholder).

- Result in 1 working day.

  • Submission of documentation. Our company do online registration.

- Required signature the directors / shareholder

- Ready in 3 working days

Who can become a director of Private Limited Company / SDN BHD?

  • A person must be of age 18 years and above

  • A person must not be undischarged Bankrupt

  • A person must not been convicted whether within or without Malaysian of any offence:-

a) in connection with the promotion, formation or management of a corporation;

b) involving fraud or dishonesty punishable on conviction with imprisonment for three or more; or

c) under section 132, 132A or under section 303, within a period of five years preceding the date of this declaration

  • A person must not been imprisoned to any offence referred to the above offences within the period of five years preceding his appointment

  • At least two director who each has his principal or only place residence within Malaysia

What are the documents required for Incorporation of New Company?

 

  • I/C or Passport Number. Minimum 2 directors required

  • Full name as per I/C or passport

  • Residential address in Malaysia

  • Propose Company Name

  • Nature of business of the Company

  • Portion Share each directors

07.
What are the charges for Incorporation of New Company?

 

Kindly refer to our promotions.

08.
When we will start to process your application for setting up SDN. BHD?

 

  • We will only process the application for name search upon of the deposit RM 300.00

  • We will only submit the documents for incorporation upon receive the balance of fees

Why we have the above collection policies?

 

  • This is because we have to pay CCM / SSM (Suruhanjaya Syarikat Malaysia, ie Registrar of Companies) RM 1,000 when we submit the documents for incorporation in Step 2. (This is for Authorised Capital of RM 400,000.00).

  • Besides we have to do stamping on the Memorandum & Articles (M&A) before submission and this will cost us RM 200.00

  • We have to order Common Seal, Minute Book, Register Book, Share Certificate Book etc.

  • On top that we already incurred staff cost, printing, travelling etc in preparation all the documents for submission

09.
10.
What is SSM / CCM?

 

CCM / SSM is the short form of the Companies Commission of Malaysia or Suruhanjaya Syarikat Malaysia, it's a government body regulate companies and business in Malaysia (http//www.ssm.com.my/) CCM / SSM is not short form of some of the company secretary website which aimed at creating confusion to the public.

11.
Can I form a SDN BHD all by myself?

 

YES, If you are a qualify person to act as the company secretary (refer to answer for questions 3)

12.
Contact Us

Zeus Consultancy Services Sdn Bhd (690336-X)


Tel: 603-5882 6955
Email: zeuscssb@gmail.com
Address2-1A, Jalan Industri PBP 3/2

Taman Industri Pusat Bandar Puchong

47100 Puchong, Selangor, Malaysia

 

 

Tel: 603-7984 6231/32/33
Email: zeus_cssb@yahoo.com.my
Address: A-3-3A(Room 1), Kuchai Exchange

No.43, Jalan Kuchai Maju 13,

58200 Kuala Lumpur

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