COMPANIES COMMISSION OF MALAYSIA
Companies wishing to operate in Malaysia must register with the Companies
Commission of Malaysia (Companies Division). Under the regulations of
the Companies Commission of Malaysia, there are different procedures for
local companies and foreign companies.
Local companies must make an application to the Companies Commission
to inquire if the intended name is still available for registration.
A reservation period of three months will be granted if the name is available,
during which time the company must submit copies of documents like Memorandum
and Articles of Association, Statutory Declaration of Compliance and Statutory
Declaration, plus relevant fees. A certificate of incorporation will be
bestowed by the Registrar of Companies once registration procedures are
completed and approved.
Companies must file registers of members, directors, managers, secretaries
and interest holders with the Commission at all times.
Foreign companies must incorporate a local company or register a branch
in Malaysia in order to conduct business in this country. The company
must also undergo the same procedure as a local company, that is to file
an application to inquire if the intended name is still available.
A reservation period of three months will also be granted if the name
is available, during which time the company must submit copies of documents
like Certificate of Incorporation, Company Charter, List of Directors,
a memorandum of appointment authorising a Malaysian resident to accept
any notices served on the company and Statutory Declaration, plus relevant
fees.
Any documents in a language other than Bahasa Malaysia or English must
have an accompanying certified translation. The Registrar of Companies
will bestow upon the applying company the status of a foreign company
operating in Malaysia once all procedures are completed and approved.
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