Many of our readers asked if we do help to register a Sdn Bhd Company in Malaysia and here is the solution!
This article will show you the requirements, documents, cost, and everything you need to register a Sdn Bhd Company in Malaysia.
If you are looking for a sole proprietor or partnership registration, read our article on How to Register a Company in Malaysia with SSM (Step-by-step Guide).
What is Sdn Bhd company?
SDN BHD, the abbreviation of Sendirian Berhad, is a private company limited by shares which is the most common company registration type in Malaysia. In light of the Companies Act 2016, only 1 director and 1 shareholder is required to form a Sdn Bhd company, instead of 2 directors. Thus, you can register a Sdn Bhd company without other business partners, acting as the sole director and sole shareholder for the company. There can be only up to 50 shareholders in a Sdn Bhd company.
Who should register their company as Sdn Bhd?
Malaysian or non-Malaysian residents who want to run SME businesses
Eligibility to form a Sdn Bhd company
At least 1 director who resides in Malaysia and 1 shareholder. The director and shareholder can be the same person. The director should be:
- 18 years old and above
- residing in Malaysia
- not disqualified under Section 198 of Companies Act 2016
What are the documents needed to register a Sdn Bhd Company in Malaysia?
- MyCard / Passport for MyCoID account validation
- Authorization letter if your proposed company name contains controlled words or trademark
How much does it cost to register a Sdn Bhd Company in Malaysia?
Incorporation fee of RM1,010 payable to SSM Malaysia
What is the step-by-step procedure to register a Sdn Bhd Company in Malaysia?
- Account registration on MyCoID portal
- Account activation at SSM counter
- MyCoIL portal login credentials received through email upon account activation
- Company name search on the Direct Incorporation Application on MyCoID portal homepage
- Other information under Name Search
- Super Form to clarify your proposed company name
- Business code selection and description
- Directors and shareholders information
- Application submission
- Make the payment of RM1,000 as an incorporation fee (before tax) and get a transaction receipt.
- Notice of Registration as proof of incorporation received through email
You will receive the Notice of Registration as proof of incorporation through email within 1 business day if your company has been successfully registered.
A Company Certificate can be purchased with a prescribed fee at the SSM counter if it is required. You will be notified through email if the application is queried by SSM. The application can be edited and resubmitted again.
Important: Within 30 days of company registration, a company secretary shall be appointed. It can be done on the MyCoID portal. While it is not mandatory for a Sdn Bhd company to lodge a constitution of the company, it can be done on the MyCoID portal as well.
How long does it take to register a Sdn Bhd Company in Malaysia?
The full process of Sdn Bhd Company registration usually takes 1 to 2 weeks time. Here is the estimated timing for each process:
- Account registration & activation, company name search: 1 day
- Preparation of registration documents: 2-3 days
- Signing of documents by all directors and shareholders: 1 day
- Submission of documents to SSM: 3-5 days
- Digital incorporation certificate issued by SSM: 1 day
Thank you very much. This is helpful!
Very insightful information on how to start a company & detailed steps which is really helpful!
Thanks for the info.