Company Incorporation Services in Malaysia
FastLane Group provides company incorporation services to local and non-Malaysian businesses with SSM registration. Our team of experts provides assistance at every stage of the process, from local company setup to expanding into international markets.
Our philosophy “From Local to Global,” reflects our dedication to bringing local businesses to international success and supporting international ventures in the Malaysian market. Join us and experience a smooth journey to business success!
Why Choose Us
We have a team of experienced professionals who can help you with every step of the process, from name search and reservation to filing the necessary paperwork and obtaining your SSM registration number.
With an extensive network and strong partnerships spanning the globe, we are committed to supporting the success of your international ventures.
We understand that every business is different, and we offer personalized service to ensure that your company’s needs are met.
Comprehensive Incorporation Solutions for Your Business
Step 1: Selecting the company name
- Must be unique and cannot be the same as any other company name already registered with the Companies Commission of Malaysia (Suruhanjaya Syarikat Malaysia, SSM).
Step 2: Choosing a company structure
- Private limited company (Sdn. Bhd.): This is the most common type of company structure in Malaysia. It is a limited liability company, which means that the shareholders’ liability is limited to the amount of their investment in the company.
- Public limited company (Berhad): This type of company is more complex to set up and requires more paperwork. It is a listed company, which means that its shares are traded on a stock exchange.
- Sole proprietorship: This is the simplest type of company structure. It is a one-person company, which means that there is only one owner.
Step 3: Determining the company registered office
- The company must have a registered office in Malaysia. This can be a physical office or a virtual office.
Step 4: Appoint directors and shareholders
- You will need to appoint at least one director and one shareholder.
- The directors are responsible for the overall management of the company, while the shareholders are the owners of the company.
Step 5: File the necessary paperwork with SSM
- Application for company registration: This form must be completed and signed by all of the shareholders and directors of the company.
- Memorandum of association: This document sets out the company’s objectives and rules.
- Articles of Association: This document sets out the company’s internal management structure.
Step 6: Pay the registration fee
- The registration fee for a private limited company is RM1,000.
Step 7: Open a bank account
- You will need to open a bank account in the name of the company.
Step 8: Get an accounting system in place
- You will need to get an accounting system in place to track the company’s finances.
Trusted by 1000+ business owners since 2013
“FastLane have supported our capital raising round by advising and building our financial models, setting up Xero and Unleashed inventory systems, so we can focus on growing our business.”
“FastLane is the perfect fit for startups that are looking for flexibility, trustworthy consulting, and someone that is willing to work with you to grow the business together.”
“FastLane has allowed us to spend less time on these parts of the business, and hence contributed to our successes in becoming a global music technology brand.”
Frequently Answered Questions
SSM certificates are issued by the Malaysian Companies Commission (SSM) to businesses that are registered with SSM. They serve as proof that the business is legally registered and compliant with Malaysian company law. SSM certificates are important because they provide proof of the legal status of a business and can be used to verify the identity of a business, obtain a business license from the local council (bandaraya), and open bank accounts.
To get an SSM certificate in Malaysia, you need to choose a business structure, check the availability of the business name, prepare the documents, pay the registration fee, register with SSM, and get your SSM certificate.
For sole proprietorships and partnerships, you need to prepare a copy of your passport or MyKad and a copy of your tenancy agreement. For Sdn Bhds, you need to prepare the above documents, as well as a memorandum and articles of association, a shareholders’ list, and a directors’ consent form.
Sole proprietorships and partnerships do not require a company secretary. However, if you are registering a limited liability companies (Sdn Bhd), you will need to appoint a company secretary (Cosec) to help you with the process. In Malaysia, a company secretary is required for limited liability companies (Sdn Bhd). This is because Sdn Bhds are separate legal entities from their owners, and the company secretary is responsible for ensuring that the company complies with the law.
The processing time for registering a company in Malaysia is typically 5-10 working days. However, the actual processing time may vary depending on the complexity of the application and the workload of the Suruhanjaya Syarikat Malaysia (SSM).The processing time for registering a company in Malaysia is typically 5-10 working days. However, the actual processing time may vary depending on the complexity of the application and the number of applicants at the Suruhanjaya Syarikat Malaysia (SSM).
No, a foreigner can generally form a company in Malaysia with 100% foreign ownership. However, there are some sectors that are reserved for Malaysian citizens or companies that are majority-owned by Malaysian citizens.
If you are interested in investing in one of these sectors, you can contact FastLane Group to help you with the process of registering a company in Malaysia.
|Sector||100% Foreign Ownership||Maximum Foreign Ownership Limit|
No, foreign companies are not compulsory to have a business address in Malaysia. However, It is compulsory for the foreign company to register the registered office address which is the Company Secretary office address.
To start a business in Malaysia, it is necessary to have at least one local resident or director who is a resident of Malaysia. If you do not meet this requirement, you can use nominee director services.