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FAQ Registration of Company (ROC) Incorporation



FAQ Registration of Company (ROC) Incorporation


Here are some of the frequently asked questions about registering a company in Malaysia:


1. What are the basic requirements for incorporating a company in Malaysia?


  • Private company: At least one director who ordinarily resides in Malaysia and one promoter.

  • Public company: At least two directors who ordinarily reside in Malaysia and one promoter.

  • A unique and available company name.

  • A registered address in Malaysia.

  • A constitution (Memorandum & Articles of Association).

  • Paid-up share capital (minimum amount varies depending on company type).


2. What are the steps involved in incorporating a company in Malaysia?


  1. Reserve a company name. You can check name availability and reserve your chosen name online through the SSM EzBiz portal.

  2. Prepare the required documents. This includes the company constitution, directors' particulars, registered address proof, and other relevant documents.

  3. Submit your application to the SSM. You can submit your application online or in person at any SSM branch.

  4. Pay the registration fees. The fees vary depending on the company type and share capital.

  5. Receive your company registration certificate. Once your application is approved, you will receive your company registration certificate from the SSM.


3. How long does it take to incorporate a company in Malaysia?


The processing time for company incorporation typically takes around 1-2 weeks if all documents are submitted correctly.


4. How much does it cost to incorporate a company in Malaysia?


The cost of incorporating a company in Malaysia varies depending on several factors, such as the company type, share capital, and chosen service provider. However, you can expect to pay around RM1,000 or more for the registration process.


5. Do I need a lawyer to incorporate a company in Malaysia?


It is not mandatory to use a lawyer to incorporate a company in Malaysia. However, it is recommended to seek legal advice if you have any complex requirements or are unsure about any aspect of the process.


Additional Resources:



How Bestar can Help

FAQ Registration of Company (ROC) Incorporation


Streamlining and Expertise:


  • Complete Process Management: Bestar can handle the entire ROC incorporation process, saving you time and effort. This includes name reservation, document preparation, SSM submissions, and post-incorporation assistance.

  • Compliance and Best Practices: Our team holds expertise in Malaysian company law and regulations, ensuring your incorporation adheres to all legal requirements and best practices.

  • Reduced Risk of Delays: Our knowledge and experience minimize the risk of errors or omissions that could cause delays or rejections from the SSM.


Specific Services:


  • Company Name Search & Reservation: Bestar can help you find a unique and available company name that aligns with your brand and complies with regulations.

  • Document Drafting & Filing: We can draft your company constitution, incorporation forms, and other required documents accurately and efficiently.

  • SSM Liaison & Communication: Bestar will handle all communication and submissions with the SSM on your behalf, keeping you informed throughout the process.


Additional Benefits of Using Bestar:


  • Local Knowledge: Bestar operates in Malaysia, we possess deep understanding of local regulations and nuances, streamlining the process.

  • Professional Network: Our connections with lawyers, bankers, and other professionals can be invaluable for setting up your business.

  • Personalized Guidance: Bestar can tailor our services to your specific needs and business goals, providing personalized advice and support.


Beyond FAQs:


  • Additional Services: Bestar may offer additional services beyond basic incorporation, such as tax registration, accounting setup, and business advisory.

  • Cost Transparency: Inquire about our fee structure and get a clear understanding of our costs.

  • Client Testimonials: Look for testimonials or reviews from past clients to gauge their satisfaction with Bestar's services.


Remember:


  • Contact Bestar directly for the most accurate and up-to-date information on our ROC incorporation services and fees.

  • Discuss your specific business needs and goals. We can provide the best possible support.



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