DM Corporate Sdn.Bhd.- Your Platform & Gateway To Incorporate Company At Your Finger tips In Malaysia.
Home of DM Corporate Sdn BhdHOME  | Contact DM Corporate Sdn BhdCONTACT | NewsletterNEWSLETTER | SitemapSITEMAP  
Overview Requirements
Posted Date : 15 Feb 09

REQUIREMENT FOR SETTING UP NEW COMPANY & TO PURCHASE READY MADE COMPANY.
Base on authorized capital RM 100,000 and paid-up capital of RM 2 units.  
Foreign Directorship
Malaysian / Foreigner Directorship
Minimum 2 Foreign Participants
Control By Foreign Directors
Age Above 18 years Old
Not Undercharged Bankrupt
 
Minimum 2 Malaysian / 2 Foreign Participants
Control By Foreign Directors
Age Above 18 years Old
Not Undercharged Bankrupt
 
Shareholders
Minimum 2 Foreign Minimum 2 or More Corporate Shareholders
Minimum 1 And More Signatories Allowed
 
Minimum 1 Foreign And 1 Malaysian
Minimum 2 or More Corporate Shareholders
Minimum 1 And More Signatories Allowed
 
Banking Account
Signatories By Foreign Director / Shareholders
Opening Account Resolution
Company documents certified by secretary
Company Rubber Stamp
Passport Copies Of Each Directors
Signatories & Directors Must Present At Bank
Deposit RM 5,000 to RM 10,000
Account Ready Within 7-10 Working Days
Minimum 1 And More Company Account Allowed
 
Signatories By Malaysian and Foreign Director
Opening Account Resolution
Company documents certified by secretary
Company Rubber Stamp
NRIC (Identity Card)
Signatories & Directors Must Present At Bank
Deposit RM 5,000 to RM 10,000
Account Ready Within 7-10 Working Days
Minimum 1 And More Company Account Allowed
 
Visa Requirements
Foreign employment pass support by local directors
Authorized minimum RM 500,000
Paid-up minimum RM 350,000
Minimum expatriate salary RM 3500.00
Business address compulsory
Telephone & Fax line compulsory
Base 70 % foreign shareholders and 30% local
Personally obtain / service provider
Approval within 1 to 3 months
 
Residential Address
Directors Must Provide Residential Address Within Malaysia
Business & Office Address
Not Compulsory For The Purpose To Register Or Purchase Company
Retainer Fee For Registered Office Address (RM 720.00 Per Year)
Company Registered Office & Secretarial Office
Appointment Of Licensed Company Secretary
At-Least 1 Company Secretary Must be Appointed
Yearly Submission By Company Secretary (Companies Commission Malaysia)
Company Annual Return & Company Audited Account
Yearly Annual Meeting
Annual General Meeting (Compulsory)
General Meeting
Extra ordinary general meeting
Special Meeting
Auditors & Tax Agent
Should be appointed within 3 months after the company full registered at Companies Commission Malaysia for opening Company Tax File
To handle Company Account
To handle Company Auditing
To handle Company Taxation
Yearly submission by Auditors (Audited Account) to Inland Revenue departmentCompanies Commission Malaysia