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 […]