If you "How do you register a company in Malaysia?" You are in the right place. This guide will provide you with information on how to find SSM companies through ssm-einfo, how to fill out the official form to register the company and where to submit it.
This article is written for those who have only one ownership or partnership business in Malaysia. Registering your own company in Malaysia is not complicated. You can use the company registered under Suruhanjaya Syarikat Malaysia (SSM). First of all, the churning of at least three company names. Then, check the availability of the name of the company. After that, complete the "PNA 42 INSTITUTE" form to register for the company's trade name and "one person" form to register your company. Go to SSM headquarters and submit two forms. Do not forget to charge for your identity card (IC) and print-out business information.
The Malaysian Company Commission (SSN) is the legal entity that regulates companies and businesses. SSM, which started on April 16, 2002, is a legal entity between the Registrar of Companies (ROC) and Registrar of Business (ROB) in Malaysia.
The main activity of SSM Malaysia is a business that provides information and business information to the public.
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How to register a company in Malaysia with ssm step by-step guide
1. How to Register a Company
in Malaysia with SSM (Step-
by-step Guide)
2. If you are looking for “How to register a company in Malaysia? “. You
are at the right place. This guide will provide you information
regarding how to do an SSM company search via ssm-einfo, how to
complete the official forms to register for a company and where to
submit them.
This article is written for those who intend to start a Sole
Proprietorship or Partnership business in Malaysia only. Register
your own company in Malaysia is not complicated. You just need to
follow a few simple steps to get your company registered
under Suruhanjaya Syarikat Malaysia (SSM).
3. First, brainstorm at least three company names. Then, check the
company name availability. After that, complete the form “BORANG
PNA 42” to register for a Company Trade Name and the form
“BORANG A” to register your Company. Head to SSM Head Office
and submit the two forms. Remember to bring along your Identity
Card (IC) and RM70 for company registration fees and business info
print-out.
The Companies Commission of Malaysia (Suruhanjaya Syarikat
Malaysia or SSM in Malaysia) is a statutory body which regulates
companies and businesses.
4. SSM, which came into operation on 16 April 2002, is a statutory body
formed as a result of a merger between the Registrar of Companies
(ROC) and the Registrar of Businesses (ROB) in Malaysia.
The main activity of SSM Malaysia is to serve as an agency to
incorporate companies and register businesses as well as to provide
company and business information to the public.
5. As the leading authority for the improvement of corporate
governance, SSM fulfils its function to ensure compliance with
business registration and corporate legislation through comprehensive
enforcement and monitoring activities to sustain positive
developments in the corporate and business sectors of the Nation.
SSM online (ssm e-info) is offering the public to purchase the financial
information and profiles of all companies that registered with SSM
Malaysia. You can acquire more information from SSM online here.
6. Register SSM online vs offline
The company registration can be done through online via Ezbiz Online
services at ezbiz.ssm.com.my or manually at any SSM counter in
Malaysia. For first-timers, you should be visiting the SSM counter for
the registration. You can consult the friendly officer directly at the
counter if you have any question. It is also recommended to apply for
the Ezbiz Online services at the counter so that you can renew or
modify your business details through the online system later on.
7. You might be interested to read the article on How to Register a
Company through ezBiz Online.
Why should I register my online business with SSM?
The business will become a legally registered entity
It will boost your customer’s confidence level
It also facilitates users to verify a business information
The business details submitted will assist the government to
support any development of business community and prospect.
Only legally registered business will be able to apply for Malaysia
Payment Gateway, like eGHL.
So, what are the steps to register a Company in Malaysia?
8. 1. Brainstorm Company Names (at least three)
It is recommended to get a trade name rather than your own
personal name for your business. A company trade name will look
more professional. You will need at least three name suggestions
to be written down on the form “Borang PNA 42”, although only
one will be approved for each company. A company name should
be:
Remarkable,
Easy to remember, &
Relevant to your business
Read the complete guide here: How to get a name for your
company
9. Business name
There are differences between a business name and a trade name. A
business name is the official name of the person or entity that owns
the company. It is your business’s legal name. You use your business
name on government forms and applications.
10. Trade name
On the other hand, the trade name is different from a business’s
legal name. Business owners can use a trade name for advertising
and sales purposes. The trade name is the name the public sees, like
on a signboard and on your ecommerce store. It is recommended to
use a similar term for both business name and trade name to avoid
confusion.
11. 2. Check Company Name availability
Save your name search fee by checking the name availability with
SSM online system. With a brief view of registered company names at
SSM registry of companies, you will have a better idea to decide your
new company name. This move will avoid using identical existing
registered names and minimize the possibility of being rejected by
SSM. It also will save you from incurring possible additional charges
payable to SSM.
12. SSM Company Name Search Online System
1. Visit to www.ssm-einfo.my
2. Click on the icon stating “Register as e-Account Member!”
3. Fill in the “e-Registration Form”, then submit
4. You will receive a message “Please login now”
5. Log in with your username & password
13. 6. Once successful login, click on the icon “>> Search”
7. Enter your desired company name in the box “By Name”
8. DONE! Name search result from SSM will be displayed!
If your desired name has already been taken, it will be listed
down in a table. The search result will be empty if your desired
name has not yet been registered with SSM.
14. MYDATA Services
Another similar website to check your company name availability in
Malaysia is MYDATA. Visit www.mydata-ssm.com.my to check the
availability by just typing in your desired name in the search bar. No log
in is required. However, based on a recent check (21st Oct 2017) on a
freshly registered company name, the internal data of the site seems to
be not-so-updated compared to ssm-einfo.
15. 3. Complete the form “BORANG PNA 42” to register a
Company Trade Name
A business name represents the identity of the business carried
out. A business name can be categorized into two types according
to Guidelines for New Business Registration:
i. Personal name as stated on the identity card is not required to
apply for approval of the business name. For example, Ruslan
bin Mohamed, Siow Ah Thai or, Ramasamy a/l Mutusamy.
16. ii. Trade Name is the name of the proposed business and must
obtain prior approval from the Registrar of Business at
Suruhanjaya Syarikat Malaysia. For example, Kedai Dobi Mewah,
Lucky Star Catering, or ABS Unggul Enterprise.
For Trade Name registration, you need to fill in the top three
desired names for your company in the first section of Borang PNA
42, followed by the type or nature of the business you are going to
operate.
17. Guide in Bahasa
No business shall be registered by a name which contains any word
that is:
blasphemous or likely to be offensive to members of the public;
misleading as to the nature, scope or importance of the business
carried on or to be carried on under such name;
Offensive to any race or religion.
Read Rules 15, Rules of Business Registration 1957 for more details.
18. 4. Complete the form “BORANG A” to register your
Company
Fill in the details required. The previous form will need to
be attached to this form “BORANG A” if you are registering
for a Trade Name.
19. Guide in Bahasa
Some important notes:
The starting date of your business “TARIKH MULA BERNIAGA”
have to be before the day of registration or on the day itself.
Under type of business/ “Jenis perniagaan yang dijalankan
(Sesuai dengan nama perniagaan yang dicadangkan)”, make
sure you have a name which is relevant to the products or
services that you provided.
For Business Codes, please visit or download this
spreadsheet. Business Codes Link
20. Requirements
The owner must be a Malaysian Citizen or Permanent
Resident of Malaysia.
The owner must be aged between 18 years and above.
Only owner/partner allowed making an application.
21. Head straight to Level 14 in Menara SSM @ Sentral. Bring the two
completed forms to the counter for a manual quick check if
everything is filled in correctly. Get your Number for Registration
purpose. Depends on the day, it might be super busy, you then
have to be patient and wait for your turn. Don’t forget to bring your
identity card (IC) along.
22. Registration Fees
Sole proprietorship using personal name as stated on the identity
card: RM30.00
Sole proprietorship or partnership using trade name: RM60.00
Registration of branches: RM5.00 for each branch
Business Information Print-out: RM10.00
The Business Registration Certificate can be obtained within 1 hour
after payment. The whole process will consume 1 – 2 hours.
23. General Information
Register the business not later than thirty (30) days from the date of
commencement of business.
A new business registration may valid for a period of one (1) year
and does not exceed five (5) years on each registration.
The nature of the registered business should not contravene any laws
or likely to be used for unlawful purposes or any purpose prejudicial to
or incompatible with the security of the Federation, public order or
morality.
24. Business Registration Certificate can be obtained within one (1)
hour from the time payment is made.
A person who carries on business without registering a business
commits an offence under the ROBA 1956 and if found guilty be
fined not exceeding RM50, 000 or imprisonment for a term not
exceeding two (2) years or both.
Even though businesses have been registered with SSM, business
owners are responsible to obtain licenses, permits or approval
letters from other relevant authorities in order to operate their
businesses.