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Company Formation in Malaysia

Get started with your Malaysia company formation.

Malaysia is one of the most dynamic business hubs among the ASEAN economies. As a multi-ethnic, multilingual and multicultural country, Malaysia company formation attracted much interest among international companies. Given the simplicity of company formation in Malaysia, the country has been able to capitalize on global developments and become one of the most attractive destinations to do business.

Our services include: 

  • Assist with company name search and name reservation
  • Submission of Malaysia company formation documents with the Companies Commission of Malaysia
  • Preparation of resolutions for first Board of Directors’ meeting
  • Prepare resolution to open the company’s bank account
  • Prepare 2 sets of certified true copies of the incorporation documents

We offer a unique delivery model with technology that enables us to provide an unrivalled service which has successfully supported more than five hundred companies.

Benefits of Company Formation in Malaysia

  • Malaysia’s geographic location makes it easily accessible to other ASEAN economies
  • No restriction on foreign shareholding, your incorporated company can thus be 100% foreign owned
  • English is widely spoken, allowing international business to be easily conducted
  • Lower business costs as compared to its close neighbour, Singapore 
  • No restrictions on Malaysian companies upon repatriation of profits, dividends, royalties and capital
  • Malaysia has concluded 68 double taxation treaties, making the country an excellent place to conduct international business

Malaysia Company Formation Requirements

The requirements surrounding Malaysia company formation are among the most relaxed in the world. A minimum of one shareholder and one director is required with no restrictions being placed on that individual’s nationality. While only one director is required for company formation purposes, this individual must be a natural person who ordinarily resides in Malaysia. In respect of a company secretary, this position is required and the individual must be a permanent resident of Malaysia who ordinarily resides, and has their principal place of residence in the country. A local registered office address must also be obtained prior to the Malaysia company formation procedures.

Annual Maintenance

There are limited annual maintenance requirements that must be adhered to. Private limited companies that has company formation in Malaysia must submit their annual return and financial statements to the Companies Commission of Malaysia on an annual basis.

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How long does it take to complete the Malaysian company formation process?

For private limited companies, the formation process typically takes around 5 to 10 working days. However, this process may be extended depending on whether company formation requirements have been met and the accuracy of the information/documents provided.

What do I need to be aware of when opening a corporate bank account?

To open a business bank account in Malaysia, the physical presence of the company director / authorized signatory is required. Many Malaysian banks impose this rule and some may even require a business to have obtained a physical office before processing an application.

Are there any rules related to the name of a Malaysian company?

Yes. Malaysia has extensive rules restricting a company’s name. Malaysian companies cannot have names related to any of the following:

  • Names suggesting connection with a member of the Royal family or Royal patronage
  • Names suggesting connection with a State or Federal government department
  • Names suggesting connection with any Asean, Commonwealth, foreign government or any other international organisation
  • Names suggesting connection with a political party
  • Blasphemous names
  • Names that are misleading to the identity of the company
  • Names that are translations, or close representations of foreign registered companies

What can FastLane Do for You?

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