Sdn Bhd
Private Limited Company
Sdn Bhd Business Structure
Sdn Bhd can be a private corporation or a company limited by shares. It is a distinct legal entity that can generate profits, hold property, enter into contracts, and involve in legal actions against third parties separate from its owners.
Sdn Bhd businesses are usually small or midsized enterprises. It can be incorporated by a local person or a foreigner with or without any additional business partners as per the implementation of the Companies Act 2016 Amendments.
Who Should Form An Sdn Bhd For Their Business?
Suitable for anybody who wants to operate a Small Medium Enterprise in Malaysia. The important requirement is that at least one director must live in the country.
Pros & Cons
Sdn Bhd is an established organisation structure that is acceptable by almost all government agencies, financial institutions and statutory bodies.
Requires annual statutory audit, compliance with Companies Act 2016 and other statutory requirements. Can be costly for small businesses.
It provides a flexible organisational structure
Need to submit details of financial statements which can be accessed by the public.
It divides your obligations from those of the business
Can only have up to 50 shareholders.
Sdn Bhd Package
- unlimited unofficial name search
- submission to SSM
- inclusive of SSM name reservation fee
- inclusive of SSM company registration fee
- inclusive of SSM certificate fee
- appointment of directors
- registration of shareholders
We will provide
- original Certificate of Registration from SSM
- 3x company complete set
- shareholders share certificate
- BONUS: resolution to open bank account