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.
The document summarizes reforms undertaken by the Companies Commission of Malaysia (SSM) between 2006-2008. Key reforms included implementing information technology systems, improving enforcement, streamlining business registration processes, and transforming the organization. Reforms aimed to balance enforcement with economic growth, increase compliance, and deliver faster services through new electronic systems and mobile counters. The reforms helped reduce registration times, increase the use of electronic services, and improve SSM's training programs and organizational culture.
This slides shows the important definitions of Trade union. And gives an idea about recognition and registration of trade union & the differences between them.
The document provides an overview of termination of employees laws and challenges in Malaysia presented by Miss Loh Sub Mui. It discusses:
- The rights of employers and employees. Employers have the right to promote, transfer, and determine workforce size while employees have rights to security, safe working conditions, and union participation.
- Key statutory provisions around termination from the Employment Act 1955 including requiring notice periods of 4-8 weeks depending on length of service and allowing termination without notice by paying indemnity.
- Challenges around proving just cause for termination such as misconduct, negligence, poor performance, and managing probationary periods. Proper documentation of warnings and opportunities for improvement is important.
The document is the director's report of Sunbourne Developers Private Limited for the financial year 2019-2020. It summarizes that the company's sales income was Rs. 4972.30 lakhs for the year but incurred a net loss before tax of Rs. 2224.03 lakhs. It discloses that 10 board meetings were held during the year and no dividend is recommended. The report also provides brief details on energy conservation, technology absorption, foreign exchange earnings/outgo, and extracts of annual return as required by law.
Chang Chien-Ting holds significant beneficial ownership in PMC Projects (India) Pvt. Ltd. through PMC Infra Limited, a company registered in Mauritius. Chang holds 100% of PMC Infra Limited and exercises his significant beneficial interest in PMC Projects (India) Pvt. Ltd. by virtue of shares held in PMC Infra Limited. He declares this significant beneficial ownership in PMC Projects (India) Pvt. Ltd. as required by Section 90(1) of the Companies Act of India. The declaration provides details of Chang such as his address, date of birth, occupation, and nationality. It specifies the nature of his indirect holding in PMC Projects (India) Pvt.
Labi was instructed by Abu to sell his restaurant for not less than RM80,000. Lebah offered RM85,000 but Belalang persuaded Labi to sell to him for RM80,000 and give Labi RM3,000 side payment. Labi did not inform Abu of the higher offer and accepted Belalang's offer instead. Abu sued Labi for breaching his duties as an agent.
The document discusses the key aspects of forming a company under the Companies Act 2013 in India. It defines what constitutes a company and outlines the differences between a private and public company. It explains the process for reserving a company name, drafting the memorandum of association which outlines the company's objectives and liabilities, and registering the company with the registrar along with required forms and documents. Specific provisions for a one person company with a single member/director are also covered.
Understanding Employment Act & Industrial Relation Act in MalaysiaAshraf Danish
This document summarizes key Malaysian labor laws including the Employment Act 1955, Industrial Relations Act 1967, and Trade Union Act 1959. The Employment Act 1955 covers matters like wages, working hours, leave, and maternity protection. The Industrial Relations Act 1967 aims to promote harmony between employers and employees by regulating their relations and preventing/settling disputes. It also governs trade union registration and rights. The collective bargaining process and legal requirements for picketing and strikes are also outlined.
The document summarizes reforms undertaken by the Companies Commission of Malaysia (SSM) between 2006-2008. Key reforms included implementing information technology systems, improving enforcement, streamlining business registration processes, and transforming the organization. Reforms aimed to balance enforcement with economic growth, increase compliance, and deliver faster services through new electronic systems and mobile counters. The reforms helped reduce registration times, increase the use of electronic services, and improve SSM's training programs and organizational culture.
This slides shows the important definitions of Trade union. And gives an idea about recognition and registration of trade union & the differences between them.
The document provides an overview of termination of employees laws and challenges in Malaysia presented by Miss Loh Sub Mui. It discusses:
- The rights of employers and employees. Employers have the right to promote, transfer, and determine workforce size while employees have rights to security, safe working conditions, and union participation.
- Key statutory provisions around termination from the Employment Act 1955 including requiring notice periods of 4-8 weeks depending on length of service and allowing termination without notice by paying indemnity.
- Challenges around proving just cause for termination such as misconduct, negligence, poor performance, and managing probationary periods. Proper documentation of warnings and opportunities for improvement is important.
The document is the director's report of Sunbourne Developers Private Limited for the financial year 2019-2020. It summarizes that the company's sales income was Rs. 4972.30 lakhs for the year but incurred a net loss before tax of Rs. 2224.03 lakhs. It discloses that 10 board meetings were held during the year and no dividend is recommended. The report also provides brief details on energy conservation, technology absorption, foreign exchange earnings/outgo, and extracts of annual return as required by law.
Chang Chien-Ting holds significant beneficial ownership in PMC Projects (India) Pvt. Ltd. through PMC Infra Limited, a company registered in Mauritius. Chang holds 100% of PMC Infra Limited and exercises his significant beneficial interest in PMC Projects (India) Pvt. Ltd. by virtue of shares held in PMC Infra Limited. He declares this significant beneficial ownership in PMC Projects (India) Pvt. Ltd. as required by Section 90(1) of the Companies Act of India. The declaration provides details of Chang such as his address, date of birth, occupation, and nationality. It specifies the nature of his indirect holding in PMC Projects (India) Pvt.
Labi was instructed by Abu to sell his restaurant for not less than RM80,000. Lebah offered RM85,000 but Belalang persuaded Labi to sell to him for RM80,000 and give Labi RM3,000 side payment. Labi did not inform Abu of the higher offer and accepted Belalang's offer instead. Abu sued Labi for breaching his duties as an agent.
The document discusses the key aspects of forming a company under the Companies Act 2013 in India. It defines what constitutes a company and outlines the differences between a private and public company. It explains the process for reserving a company name, drafting the memorandum of association which outlines the company's objectives and liabilities, and registering the company with the registrar along with required forms and documents. Specific provisions for a one person company with a single member/director are also covered.
Understanding Employment Act & Industrial Relation Act in MalaysiaAshraf Danish
This document summarizes key Malaysian labor laws including the Employment Act 1955, Industrial Relations Act 1967, and Trade Union Act 1959. The Employment Act 1955 covers matters like wages, working hours, leave, and maternity protection. The Industrial Relations Act 1967 aims to promote harmony between employers and employees by regulating their relations and preventing/settling disputes. It also governs trade union registration and rights. The collective bargaining process and legal requirements for picketing and strikes are also outlined.
This document provides an introduction to Malaysian law on partnerships. It discusses the different types of registered businesses including sole proprietorships, partnerships, limited liability partnerships, companies, and co-operative societies. The key elements that determine whether a partnership exists are discussed, including the definition under Section 3(1) of the Partnership Act 1961 which requires a business carried on in common with a view of profit. Case law is presented that examines whether relationships constitute partnerships by analyzing these elements. The document also explores what constitutes a "business" and being "carried on in common" under the Act.
ETHICS, LAW AND CORPORATE SOCIAL RESPONSIBILITY -
Malaysian Industrial – Labour Relation, SEXUAL HARASSMENT ISSUE, RETRENCHMENT ISSUE, IMPOSITION ISSUE
1. The document defines different types of companies under the Companies Act 1956 including private companies, public companies, government companies, and foreign companies. It outlines their key characteristics such as minimum members, directors, and restrictions.
2. The formation process of companies is explained beginning with incorporation where important documents like the memorandum of association and articles of association are filed. A certificate of incorporation is then issued.
3. Company meetings such as the statutory meeting, annual general meeting, and extraordinary general meeting are discussed. Provisions around notice, agenda, quorum and minutes are covered for validly conducting company meetings.
This document provides an overview of Company Law in India, including the origins and evolution of the Companies Act. It discusses how the first Companies Act was modeled on British law and was later amended after independence. The key highlights are:
- The Companies Act of 1956 was passed based on recommendations to amend the previous legislation. It came into force in April 1956 with 658 sections and 14 schedules.
- The Companies Act of 2013 replaced the 1956 act after 57 years. It has 470 sections and 7 schedules and aims to strengthen shareholder rights and regulation of companies.
- A company is defined as an association formed and registered under the Companies Act, with features like separate legal identity, limited liability, transferable shares,
This legal notice from an advocate represents a client seeking to dissolve his marriage through divorce. The notice summarizes that the client and recipient were married according to Hindu rites, lived together initially, but that the recipient began demanding things beyond the client's means and abusing him and his family. Despite the client's efforts to meet her demands working in a low-paying job, the recipient's behavior worsened over time. As mental and emotional abuse increased, the client now wants an immediate divorce, and calls on the recipient to agree to a mutual consent divorce within 30 days, or legal proceedings will be initiated.
The document discusses the legal status of pre-incorporation contracts under English common law and Malaysian company law. It provides an introduction and overview of key cases.
In English common law, pre-incorporation contracts are invalid and cannot be ratified by the company after incorporation. As such, outsiders who contract with promoters cannot enforce the contract or hold the company liable. Promoters are also not personally liable as a non-existent company cannot appoint agents. However, under Malaysian company law pre-incorporation contracts can be ratified, protecting outsiders and allowing them recourse against the company or promoters. The document analyzes several important cases to illustrate how these laws are applied.
The document discusses key concepts relating to contracts of sale under the Sale of Goods Act 1957 in Malaysia. It covers definitions of a contract of sale, essential elements for a valid contract, implied terms and conditions in contracts of sale, and remedies for breach of conditions/warranties. Some key points summarized:
1) A contract of sale involves the transfer of ownership of goods from a seller to a buyer for a price. It requires offer, acceptance, consideration and intention to be bound.
2) Implied terms include the seller having title to sell the goods, goods being of merchantable quality and fit for the buyer's known purpose, and corresponding to any description or sample provided.
3)
The document summarizes key principles of partnership law in Malaysia. It discusses sources of partnership law, including the Partnership Act 1961 which is similar to the English Partnership Act 1890. It analyzes the case of Chan King Yue v Lee & Wong which applied principles of equity to allow recovery of a loan to a partnership. The document defines a partnership and notes a partnership has no separate legal existence from its partners. It examines types of partners and their authority to bind the partnership. Finally, it discusses formation of partnerships and liability of partners.
A private limited company is a business entity formed under the Companies Act 1965. It is a separate legal entity from its owners and allows for limited liability. Ownership is divided into shares which may be sold or transferred. A private limited company requires at least 2 directors and 2 shareholders but there is a limit on the maximum number of shareholders which is 50 non-employee shareholders.
The document provides information on registering different types of companies under the Companies Act in India. It discusses the requirements and procedures for registering public limited companies, private limited companies, Section 8 companies, companies registered under Part IX, and producer companies.
The key steps outlined are applying for name approval, drafting the memorandum of association and articles of association, e-filing required forms like INC-7, INC-22, and DIR-12, paying registration fees, and obtaining the certificate of incorporation. Specific requirements for different company types like minimum number of members, minimum capital, and approvals needed from authorities are also explained.
The document discusses the Occupational Safety and Health Act 1994 (OSHA) in Malaysia, which aims to improve safety and health in workplaces. It outlines key provisions of the act including shared responsibilities of employers and employees. Employers must ensure a safe working environment, provide training and protective equipment, and report accidents. Employees must take reasonable safety precautions and cooperate with employers on health and safety matters. The act established the National Council for Occupational Safety and Health to oversee these regulations.
The document discusses key aspects related to the articles of association (AOA) of a company. It states that the AOA contains the rules and regulations relating to the internal management of a company. It defines the rights, powers, and duties of management. The AOA must not contain anything against the memorandum of association, companies act, or public policy. It also discusses the contents that must be included in the AOA, such as adoption of contracts, share capital details, meetings, and winding up procedures.
This document discusses trade disputes and industrial actions such as strikes and picketing. It defines key terms like trade dispute, strike, picketing and lock-out. It also classifies different types of trade disputes and discusses causes and patterns of strikes. International scenarios of strikes are also summarized. The document provides legal definitions and limitations related to picketing from the Industrial Relations Act 1967 in Malaysia.
This document discusses the Joseph Shine v. Union of India case regarding Section 497 of the Indian Penal Code related to adultery. It summarizes that the case found Section 497 to be unconstitutional as it treated women as property, violated the right to equality and autonomy, and was based on outdated notions of purity and possession within marriage. The court recognized that the constitution promotes societal change and individuals retain autonomy over their sexual agency even within marriage.
It is a presentation on basic introduction to the subject of CLSP - Management of Company. This is published only for education and information purpose.
The Supreme Court of India heard an appeal regarding the suspension of an Indian Revenue Service officer for 14 years during an investigation and pending criminal cases against him for corruption. The Central Administrative Tribunal and High Court had quashed the suspension orders, finding that the directions of an earlier Tribunal order were not properly followed. The Supreme Court analyzed the competing arguments of both parties. It noted that while representations may be considered by authorities, courts should not directly order representations to be decided. It also discussed the nature of suspension orders and the limited scope of judicial review of such administrative decisions. The court ultimately dismissed the appeal, finding no improper exercise of jurisdiction by the lower courts in quashing the suspension orders.
Partnership and company have key differences. A partnership is the relation between persons carrying on business together with a view of profit, governed by the Partnership Act 1961. A company is a separate legal entity registered under the Companies Act 1965. While a partnership consists of at least two partners with unlimited liability, a company has a legal personality separate from its members and shareholders have limited liability once shares are fully paid.
With more than a decade of experience, JJ & E is a leading professional provider offering a one stop solution for corporate service, inclusive of Incorporate / Register Company in Singapore, Company Secretary, Accounting & Tax Filing services, Virtual Office, Registered Address and Corporate Identity & Printing solution.
To register an online business in India as a sole proprietorship, you must first register your business with your local municipal corporation office. This involves submitting forms such as the registration and undertaking forms along with the fee schedule. There is no additional cost to establish a sole proprietorship other than opening a business bank account. You must also apply for company registration which involves submitting forms like the application for company name availability and declarations of directors and office address. Finally, you need to obtain necessary licenses and register for taxes at the commercial tax and profession tax offices. The entire process requires filing various forms with regulatory authorities along with supporting documents.
This document provides an introduction to Malaysian law on partnerships. It discusses the different types of registered businesses including sole proprietorships, partnerships, limited liability partnerships, companies, and co-operative societies. The key elements that determine whether a partnership exists are discussed, including the definition under Section 3(1) of the Partnership Act 1961 which requires a business carried on in common with a view of profit. Case law is presented that examines whether relationships constitute partnerships by analyzing these elements. The document also explores what constitutes a "business" and being "carried on in common" under the Act.
ETHICS, LAW AND CORPORATE SOCIAL RESPONSIBILITY -
Malaysian Industrial – Labour Relation, SEXUAL HARASSMENT ISSUE, RETRENCHMENT ISSUE, IMPOSITION ISSUE
1. The document defines different types of companies under the Companies Act 1956 including private companies, public companies, government companies, and foreign companies. It outlines their key characteristics such as minimum members, directors, and restrictions.
2. The formation process of companies is explained beginning with incorporation where important documents like the memorandum of association and articles of association are filed. A certificate of incorporation is then issued.
3. Company meetings such as the statutory meeting, annual general meeting, and extraordinary general meeting are discussed. Provisions around notice, agenda, quorum and minutes are covered for validly conducting company meetings.
This document provides an overview of Company Law in India, including the origins and evolution of the Companies Act. It discusses how the first Companies Act was modeled on British law and was later amended after independence. The key highlights are:
- The Companies Act of 1956 was passed based on recommendations to amend the previous legislation. It came into force in April 1956 with 658 sections and 14 schedules.
- The Companies Act of 2013 replaced the 1956 act after 57 years. It has 470 sections and 7 schedules and aims to strengthen shareholder rights and regulation of companies.
- A company is defined as an association formed and registered under the Companies Act, with features like separate legal identity, limited liability, transferable shares,
This legal notice from an advocate represents a client seeking to dissolve his marriage through divorce. The notice summarizes that the client and recipient were married according to Hindu rites, lived together initially, but that the recipient began demanding things beyond the client's means and abusing him and his family. Despite the client's efforts to meet her demands working in a low-paying job, the recipient's behavior worsened over time. As mental and emotional abuse increased, the client now wants an immediate divorce, and calls on the recipient to agree to a mutual consent divorce within 30 days, or legal proceedings will be initiated.
The document discusses the legal status of pre-incorporation contracts under English common law and Malaysian company law. It provides an introduction and overview of key cases.
In English common law, pre-incorporation contracts are invalid and cannot be ratified by the company after incorporation. As such, outsiders who contract with promoters cannot enforce the contract or hold the company liable. Promoters are also not personally liable as a non-existent company cannot appoint agents. However, under Malaysian company law pre-incorporation contracts can be ratified, protecting outsiders and allowing them recourse against the company or promoters. The document analyzes several important cases to illustrate how these laws are applied.
The document discusses key concepts relating to contracts of sale under the Sale of Goods Act 1957 in Malaysia. It covers definitions of a contract of sale, essential elements for a valid contract, implied terms and conditions in contracts of sale, and remedies for breach of conditions/warranties. Some key points summarized:
1) A contract of sale involves the transfer of ownership of goods from a seller to a buyer for a price. It requires offer, acceptance, consideration and intention to be bound.
2) Implied terms include the seller having title to sell the goods, goods being of merchantable quality and fit for the buyer's known purpose, and corresponding to any description or sample provided.
3)
The document summarizes key principles of partnership law in Malaysia. It discusses sources of partnership law, including the Partnership Act 1961 which is similar to the English Partnership Act 1890. It analyzes the case of Chan King Yue v Lee & Wong which applied principles of equity to allow recovery of a loan to a partnership. The document defines a partnership and notes a partnership has no separate legal existence from its partners. It examines types of partners and their authority to bind the partnership. Finally, it discusses formation of partnerships and liability of partners.
A private limited company is a business entity formed under the Companies Act 1965. It is a separate legal entity from its owners and allows for limited liability. Ownership is divided into shares which may be sold or transferred. A private limited company requires at least 2 directors and 2 shareholders but there is a limit on the maximum number of shareholders which is 50 non-employee shareholders.
The document provides information on registering different types of companies under the Companies Act in India. It discusses the requirements and procedures for registering public limited companies, private limited companies, Section 8 companies, companies registered under Part IX, and producer companies.
The key steps outlined are applying for name approval, drafting the memorandum of association and articles of association, e-filing required forms like INC-7, INC-22, and DIR-12, paying registration fees, and obtaining the certificate of incorporation. Specific requirements for different company types like minimum number of members, minimum capital, and approvals needed from authorities are also explained.
The document discusses the Occupational Safety and Health Act 1994 (OSHA) in Malaysia, which aims to improve safety and health in workplaces. It outlines key provisions of the act including shared responsibilities of employers and employees. Employers must ensure a safe working environment, provide training and protective equipment, and report accidents. Employees must take reasonable safety precautions and cooperate with employers on health and safety matters. The act established the National Council for Occupational Safety and Health to oversee these regulations.
The document discusses key aspects related to the articles of association (AOA) of a company. It states that the AOA contains the rules and regulations relating to the internal management of a company. It defines the rights, powers, and duties of management. The AOA must not contain anything against the memorandum of association, companies act, or public policy. It also discusses the contents that must be included in the AOA, such as adoption of contracts, share capital details, meetings, and winding up procedures.
This document discusses trade disputes and industrial actions such as strikes and picketing. It defines key terms like trade dispute, strike, picketing and lock-out. It also classifies different types of trade disputes and discusses causes and patterns of strikes. International scenarios of strikes are also summarized. The document provides legal definitions and limitations related to picketing from the Industrial Relations Act 1967 in Malaysia.
This document discusses the Joseph Shine v. Union of India case regarding Section 497 of the Indian Penal Code related to adultery. It summarizes that the case found Section 497 to be unconstitutional as it treated women as property, violated the right to equality and autonomy, and was based on outdated notions of purity and possession within marriage. The court recognized that the constitution promotes societal change and individuals retain autonomy over their sexual agency even within marriage.
It is a presentation on basic introduction to the subject of CLSP - Management of Company. This is published only for education and information purpose.
The Supreme Court of India heard an appeal regarding the suspension of an Indian Revenue Service officer for 14 years during an investigation and pending criminal cases against him for corruption. The Central Administrative Tribunal and High Court had quashed the suspension orders, finding that the directions of an earlier Tribunal order were not properly followed. The Supreme Court analyzed the competing arguments of both parties. It noted that while representations may be considered by authorities, courts should not directly order representations to be decided. It also discussed the nature of suspension orders and the limited scope of judicial review of such administrative decisions. The court ultimately dismissed the appeal, finding no improper exercise of jurisdiction by the lower courts in quashing the suspension orders.
Partnership and company have key differences. A partnership is the relation between persons carrying on business together with a view of profit, governed by the Partnership Act 1961. A company is a separate legal entity registered under the Companies Act 1965. While a partnership consists of at least two partners with unlimited liability, a company has a legal personality separate from its members and shareholders have limited liability once shares are fully paid.
With more than a decade of experience, JJ & E is a leading professional provider offering a one stop solution for corporate service, inclusive of Incorporate / Register Company in Singapore, Company Secretary, Accounting & Tax Filing services, Virtual Office, Registered Address and Corporate Identity & Printing solution.
To register an online business in India as a sole proprietorship, you must first register your business with your local municipal corporation office. This involves submitting forms such as the registration and undertaking forms along with the fee schedule. There is no additional cost to establish a sole proprietorship other than opening a business bank account. You must also apply for company registration which involves submitting forms like the application for company name availability and declarations of directors and office address. Finally, you need to obtain necessary licenses and register for taxes at the commercial tax and profession tax offices. The entire process requires filing various forms with regulatory authorities along with supporting documents.
Steps invSTEPS INVOLVED IN COMPANY REGISTRATION PROCESSolved in company regis...Legal Pillers
In this blog we are going to discuss about the company registration process. How a company registered with ministry of Corporate Affairs. A step by Step guide to registration.
All new industries/projects renewing their policies or expanding their operations need to get consent from the State as well as Central govt. to operate, where they have to adhere to certain processes and set of policies set forth for the same.
https://www.corpseed.com/knowledge-centre/how-to-get-consent-noc-from-haryana-state-pollution-control-board
This document provides information about registering a proprietorship firm in India. It outlines several package options for registration that include various services like name finalization, GST registration, bank account opening, and MSME certification. It also discusses what a proprietorship is, the steps to apply, required documents, benefits, taxes, common business types that use this structure, and the ability to change the structure later if desired. The process of registration through this service typically takes 7-10 business days.
HOW TO REGISTER A COMPANY IN INDIA: A COMPLETE GUIDEStartupSolicitors
The document provides a guide on how to register a company in India. It discusses choosing a company name and different business structures like sole proprietorship, partnership, limited liability partnership, and private limited company. It explains the registration process which involves obtaining a digital signature certificate and director identification number, filling registration forms, and incorporating the company. The key benefits and compliance requirements of each business structure are also outlined to help founders select the best option for their startup.
This document provides information on types of companies that can be formed in India and the steps to incorporate a private limited company. The main types of companies are private, public, foreign, and government companies. A private company requires a minimum of 2 directors and paid-up capital of Rs. 1 Lac, while a public company requires a minimum of 3 directors and paid-up capital of Rs. 5 Lac. The steps to incorporate a private limited company include obtaining PAN, DIN, digital signature, deciding on name, capital and objects, filing forms like Form 1A, 1, 18 and 32 with the Registrar of Companies and obtaining certificates of incorporation and commencement of business.
You have a winning business idea plus the passion and skills to make it a success. But the process of actually getting your company off the ground can be overwhelming. Trust us, you’re not alone. We created this simple guide with you in mind — to help make the tricky (and let’s face it, not so fun) aspects of becoming your own boss a little less daunting.
This document provides instructions for setting up an online business, including registering a business name, getting a separate business address and bank account, setting up payment processing, creating accounts on platforms like Google and JVZoo, building a website, and starting to add products and drive traffic. It emphasizes the importance of laying a solid legal and organizational foundation to avoid common mistakes and ensure long-term business success.
This document provides instructions for setting up various business infrastructure elements needed to build a successful online business, including registering a business name, obtaining a separate business address and bank account, setting up a merchant account with PayPal or Stripe to accept payments, and creating a website to sell products. It emphasizes the importance of having proper legal and financial structures in place from the start to avoid common pitfalls that cause most online businesses to fail within the first year.
This document provides instructions for setting up an online business, including registering a business name, getting a separate business address and bank account, setting up payment processing, creating accounts on platforms like Google and JVZoo, building a website, and starting to add products and drive traffic. It emphasizes the importance of laying a solid legal and organizational foundation to avoid common mistakes and ensure long-term business success.
Business Registration, Permits, and LicencesHazelPunzalan1
Business registration, permits, and licenses establishes a business as a legal entity and are required by law. The Philippine Business Registration (PBR) integrates the services of agencies involved in registration like the Department of Trade and Industry, Bureau of Internal Revenue, Social Security System, PhilHealth, and Pag-IBIG Fund, allowing applicants to register a business within 30 minutes. Registering a business legally avoids penalties, secures the business's reputation, and allows it to freely conduct marketing and transactions with large corporations.
A company name is a legal name and appears on all official documents and legal papers. A business name, also known as a trading name is the name that customers know your business by.
How to Register a New Company in India?sicobedelhi
Registering your company is important to give your start-up a legal existence. However, registering a new company is a tedious and long process. It involves lot of legal formalities and a series of steps need to follow.
Sicobe Business Solution provide you an easy way to Register Company in Delhi
Many people hear about the benefits of having their own Internet business.
They hear about the ability to work from anywhere, not be tied to a cubicle
in an office building, not make money for someone else, and be one’s own
boss. This greatly appeals to many of them, leading them to starting their
own Internet business.
A company is a business organization or a group of businesses that work together and make their own financial statements based on the country’s business law. The local currency is used to record the financial transactions of the company.
Company registration services in chennai India for new company registration process and Company Incorporation in chennai with effective quality services."
Are you a small or medium-sized business looking to unlock new growth opportunities and gain a competitive edge in the market? Your search for MSME registration and ISO certifications ends here! We are your trusted one-stop solution, offering a comprehensive range of services designed to propel your business to new heights.
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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.