How to register

Sendirian Berhad @ Sdn Bhd Company

Sendirian Berhad @ Sdn Bhd

Sendirian Berhad @ Sdn Bhd or Private limited company is the most popular corporate entity amongst small, medium and large businesses in Malaysia due to various advantages.

What is A

PRIVATE LIMITED COMPANY?

Sendirian Berhad or private limited company, is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 50, and restricts shareholders from publicly trading shares

Sdn Bhd limited company registration is governed by the Suruhan Jaya Syarikat Malaysia (SSM) under Companies Act 2016. To register a private limited company, a minimum of One shareholder and One director is required. A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. Further, foreign nationals, foreigner can own 100 percent shareholdings and its make Malaysia a perfect choice to start your first foreign Company.

Unique features of a private limited company like limited liability protection to shareholders, ability to raise equity funds, separate legal entity status and perpetual existence make it the most recommended type of business entity for millions of small and medium-sized businesses that are family-owned or professionally managed.

We Wise Management Services can help your Register Sdn Bhd any type of company in Malaysia. The average time taken to Complete Company Registration is about 3 to 7 working day, subject to government processing time and client return the incorporation documents. What are you waiting for? Get a free consultation for a private limited Company by startup by scheduling an appointment with us.

What are the

advantages of a limited company?

Limited Liability

As company owners are not legally obliged to pay outstanding company debts beyond the value of the shares they hold it protects the personal assets (such as a home or savings) of the company owners should a business fail.

Professional status

Sdn Bhd company is typically seen as a more professional operation than an unincorporated sole trader. This is due to the transparent nature of the business accounts. Based on our experience Government tend dealing with Sdn Bhd companies rather than Enterprise

Protect your business name

When you incorporate your company its name is protected and other businesses cannot use the name or one that is similar when trading

Developing

You can raise additional capital by selling shares in your limited company to help invest and grow your business. The good news is that investors are also protected from the company failing and their risk is limited to the value of the shares they hold

What are the

Disavantages of a limited company?

Can i use my enterprise name as New Company?

No, SSM no longer allowed company use same name, But there are few options. Please contact us for advise

What is Limited Liability?

Limited liability is the status of being legally responsible only to a limited amount for debts of a company. Unlike proprietorships and partnerships, in a private limited company the liability of the shareholders in respect of the company’s liabilities is limited. In other words, the liability of the shareholders of a company is limited only to the value of shares taken up by them.

Can I convert Enterprise to Sdn Bhd?

You can only sell your business from Enterprise which include the business asset & stock to Sdn. Bhd.

How do I check the availability of name for my company?

We will check it for you. Please give us three suggestion company Name

register a Business

Tips Starting your business

Tips choosing your company name

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Berhad and Sdn Bhd, what is the difference ?

Why register your company with Company Secretary Firm

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How to renew my Enterprise licenses

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Tips choosing your company name

Selection of company name is very important because it will represent your business. At the first our company name is a Velvet Corporate Resources and because of the word Velvet, many though that we selling Cake because the name is almost the same as the Velvet Cake

Berhad vs Sdn Bhd

The Berhad (BHD) is used in Malaysia to identify a public limited company. The Sendirian Berhad (SDN BHD) identifies a private limited company.

SDN BHD companies are typically small or midsized enterprises controlled by the director & shareholder. BHD companies are the largest companies in Malaysia and had a chance to goes towards listing in Bursa Malaysia.

why register with company secretary firm

It is possible to go through the entire company incorporation process, from creating a MyCoID account to receiving the Notice of Registration, all by yourself without external help.

It is recommended to engage with a company secretary from the beginning of the company incorporation process to save yourself the hassle of validating your MyCoID account by yourself.

It is a requirement for all Sdn Bhd company to appoint a company secretary within 30 days of successful company incorporation. .

Why registering a company is the best option for any business ?

Our team of experts are here for you

How to register enterprise company

Sole proprietorship and partnership can be registered and start up with fairly easy with minimal capital requirements.

All you need to do is to visit the business registration counter at any SSM offices or register through online at https://ezbiz.ssm.com.my/ & follow the application procedures, within few hours, you can start your business immediately!

Note that only the owner of the business can register new business license with SSM.

Register Sdn Bhd Now and enjoy the previlege of :

  • Less tax percentage in comparison with enterprise
  • Strong company’s financial information with audited account.
  • Continues to exist even after the shareholder or director deceased
  • Inherit business to your family or any person by will
  • Higher monitoring in regulation compliance
  • Separate entity
  • Limited liability

How to renew enterprise license under Register of Business Act

We will assist you in renewing your enterprise license and updating your business address. 

We Will Help You Every Step Of The Way

Our team of experts are here for you