Sdn Bhd FAQ
Sdn. Bhd. company is a private company limited by shares.
One director who shall ordinarily reside in Malaysia by having a principal place of residence in Malaysia, and one shareholder who can be a natural person or a legal person, i.e.: LLP, Sdn. Bhd., or public company (Berhad).
Yes, provided there are no restrictions as contained in the constitution of the company. A single director may have disadvantages and if you are unsure about the disadvantages, please contact us for further information.
For director and shareholder
- Photocopy IC for Malaysian or photocopy passport for foreigner
- Residential address
- Service address
- Email address
- Phone number
For the intended company
- Name of the intended company
- Nature business of the intended company
Please contact us if you need help incorporating a Sdn. Bhd. company.
Around 3 – 5 working days. This is an estimate only and it may take more or less time depending on your individual circumstances.
A minimum of RM1.00 needs to be injected into the company during the incorporation stage but please note that this is only a minimum requirement and you should always speak to a professional business advisor like TJW before you make the decision in order for a suitable amount shall be injected to the company.
No. Shareholder of Sdn. Bhd. shall be a natural person or a legal person, i.e.: LLP, Sdn. Bhd., or public company (Berhad).
Yes, but at least one of the directors shall ordinarily reside in Malaysia by having a principal place of residence in Malaysia.
No. If your business has a physical store, you shall apply for at least a business license and signboard license before you can start your business.
No, you cannot convert a Sdn. Bhd. into a sole proprietorship or a partnership because they are different in nature.
You can register a sole proprietor or partnership and run the business as a new company before terminating the existing Sdn. Bhd. However, such a “conversion” may have tax issues related to capital allowance, and lead to a huge impact on your tax amount. Hence, a discussion with us is highly recommended so you can be better informed about the benefits and consequences before making any decisions.
Maintenance cost for a Sdn. Bhd. is higher compared with sole proprietorship and partnership. To find out whether it is suitable for you to set up a Sdn. Bhd., contact us for a 1-hour free consultation before choosing the right business model.