Corporate Banking in Malaysia: Your Complete Guide to Opening a Corporate Bank Account
In Malaysia’s dynamic business landscape, establishing a solid financial foundation is vital for success. One key step in this journey is opening a corporate bank account — a specialised financial tool designed to meet the unique needs of businesses. Whether you are a first-time entrepreneur or incorporating a new Sdn Bhd, this guide will walk […]
Annual Compliance for Your Sdn Bhd: What Your Company Secretary Handles Every Year
Registering your Sdn Bhd is only the beginning. From the day your company is incorporated, a cycle of annual filings, record-keeping and document management begins — and your Company Secretary (CoSec) is the one keeping all of it on track. This guide explains what annual compliance looks like for a typical Malaysian Sdn Bhd, and […]
What Is a Company Secretary (CoSec)? Everything Your Sdn Bhd Needs to Know
Companies in Malaysia are subject to legal requirements under the Companies Act 2016 — but it is not realistic to expect shareholders and directors, whose expertise lies in running a business, to also be experts in statutory compliance. At the same time, the law does not accept ignorance as a defence. That is exactly where […]
Beneficial Ownership (BO) in Malaysia
Since the Companies (Amendment) Act 2024 introduced Division 8A into the Companies Act 2016 (CA 2016), every Sdn Bhd in Malaysia must identify, record, and report its Beneficial Owner(s). What Is a Beneficial Owner (BO)? Under Section 2(a) and Section 60A(1) of the Companies Act 2016, a Beneficial Owner is defined as: The key point […]
Company Constitution in Malaysia: What It Is, Why It Matters, and Does Your Sdn Bhd Need One?
When you incorporate a Sdn Bhd in Malaysia, you may have noticed that a company constitution is listed as optional. Under the Companies Act 2016, private companies limited by shares are not mandatory to have one. So should you bother? The short answer is: in most cases, yes — and the earlier you have one, […]
Dormant Company (Sdn. Bhd.) in Malaysia: What It Means and its Legal Obligations
You registered your Sdn Bhd with the best intentions — a business idea full of promise. But plans changed. The company never traded, activity stopped, or operations were put on hold. Now it sits there, inactive, and you are not sure what to do with it. This is the reality for many business owners in […]
How to Change Company Secretary in Malaysia for Sdn Bhd
Is your company secretary slow to respond, missing compliance deadlines, or leaving you in the dark about your statutory obligations? You are not alone. Many Sdn Bhd owners in Malaysia eventually reach a point where they need to make a change — and the good news is, switching your company secretary is entirely legal and […]
Share Transfer Guide in Malaysia: How to Transfer Shares in a Sdn Bhd
Transferring shares in a Malaysian Sdn Bhd is one of the most commonly needed — and most commonly mishandled — corporate transactions. Whether you’re bringing in a new investor, buying out a co-founder, restructuring ownership between family members, or exiting a business partnership, the share transfer process involves legal documentation, stamp duty payment, and updates […]
Company Directors in Malaysia
Director changes are one of the most common corporate secretarial transactions for Malaysian Sdn Bhd companies. Whether you’re appointing a new director, removing an existing one, or simply updating director details, every change must be properly filed with SSM (Suruhanjaya Syarikat Malaysia) within the legal timeframe — or you face fines. This guide covers everything […]
Sdn Bhd Share Allocation and Share Capital
When you incorporate a new Sdn Bhd in Malaysia, one of the most important — and most overlooked — decisions you’ll make is how to allocate shares between founders and shareholders. Get it right, and your company is set up for clean fundraising, painless co-founder transitions, and tax-efficient ownership. Get it wrong, and you’ll spend […]