Malaysia - Company Incorporation

Where is Malaysia?

The Federal Territory of Labuan comprises seven small islands of which Pulau Labuan is the largest. The Malaysian legal system is based on the English model.

Application to the Companies Commission of Malaysia to ensure the availability of the proposed company's name.
Stamp the company documents.
Company needs to stamp the Memorandum and Articles of Association. 3 original copies are required for registering with CCM.
File necessary documents with the CCM within three months after name reservation.
Documents needed: a. Memorandum, Articles of Association, statutory declaration of compliance - b. Particulars of two subscribers holding a minimum of 1 share of RM1.00 each and a minimum of 2 first directors. Every company must have at least 2 directors who each have their principal or only place of residence in Malaysia. The directors and subscribers/promoters are required to lodge a statutory declaration, inter alia, consenting to act as a director of the company - c. Registration fee for the authorized share capital is charged on a scale fee basis at the following rates (payable to the CCM):RM 1,000 for capital up to RM 100,000; RM 3,000 for capital RM 100,000-500,000; RM 5,000 for capital RM 500,000- RM 1,000,000; RM 8,000 for capital RM 1-5m; RM 10,000 for capital RM 5-10m; RM 20,000 for capital RM 10-25m; RM 40,000 for capital RM 25-50m; RM 50,000 for capital RM 50-100m; RM 70,000 for capital over RM 100m. - d. address/location of the registered office; and e. the company secretary will have to lodge a statutory declaration of compliance stating that all the requirements of the Companies Act, 1965 and the Companies Regulations in respect of matters precedent to the registration of the company and incidental to its registration have been complied with.
Register with the Income Tax Department
After the company is incorporated, the company should register with the Income Tax Department to get a tax file number. The form submitted must state the registered office in Malaysia at which all books and documents required under the provisions of the Act should be kept.