What are the items and documents required for a Chinese person to register a company in Malaysia?

Chinese people need to prepare the following documents and fulfill some conditions to register a company in Malaysia:

Company Name:

Choose a unique company name and ensure that it complies with Malaysian laws and regulations.

The company name should be in all capital letters and end with “SDN. BHD.” for “Sdn Bhd”.

Prepare at least 3 names to avoid duplication.

Registered Address:

Provide a local legal registered address in Malaysia.

Shareholders and Directors:

At least one shareholder or director aged 18 years or above with a residential address in Malaysia is required.

Provide copies of ID cards or passports of shareholders and directors.

Registered Secretary:

Establishment of a statutory registered secretary.

Articles of Association:

Formulate Articles of Association in accordance with the Malaysian Companies Act, specifying information on the purpose of the company, shareholders, directors and secretary.

Registered Capital:

The registered capital is RM1,000 and any excess is required to be paid up.

Scope of Business:

There is no strict restriction on the business scope of the company, but at least 1 description of the business scope in English is required.

Company Share Distribution:

Provide the company's share allocation and proportion.

Registration Fee:

The registration fee varies depending on the type of company and the address of the registered office and usually ranges from MYR5,000 to MYR10,000.

Company tax, business license fee and related administrative fees are also payable.

Other considerations:

When registering a company in Malaysia, an individual shareholder registers the company without documents that need to be notarized and certified.

If the company is a shareholder, there is a need to have a document (appoint of corporate representative) to do CTC (Certificate True Copy certification).

Malaysian companies need to apply for corporate income tax number, and submit an annual audit report once a year.

The above are the basic documents and conditions required to register a company in Malaysia. Please note that the specific process and requirements may vary according to the laws and regulations and actual situation in Malaysia, it is recommended to consult a professional organization or lawyer to ensure that all requirements are met before registration.