Few Quite Essential Things to Know for Company Registration Malaysiaby Simply Offshore Labuan Offshore Company
Any loyal investor who wants to have an expansion of its business will surely look for avenues where the business possibilities and profits are in abundance and letting the business to achieve new heights. To accomplish such ambitious desires any investor whether a foreign or a local should not ignore the prosperous business opportunities offered by Malaysia and avail the opportunities in order to give shape to the business ideas. Now, after knowing about the positives of going for company registration Malaysia, it's time now to explore about those key features which are always good to know before going for the registration process of a company in Malaysia in order to avoid any type of confusions later on.
Before you make your business landings in Malaysia, the first step is to appoint at least one director who will be handling all the matters of the company successfully at the new office. The essential requirements which must be followed for appointing a director is that he should be above 18 years of age and must be a resident of Malaysia. Other inevitable requirements that must be fulfilled by the appointed director is that he should not have been imprisoned during the last five years. Failing these requirements any company won't be able to execute the further proceedings in regard to company registration Malaysia.
The company can appoint a single shareholder or more than one shareholder as per the requirement but what matters the most is that the shareholder must be 18 years old or above at the time when the company is given an appointment offer to him. Though the presence of director is sufficient while doing company registration Malaysia, in Malaysia but still due to any reason, if the director doesn't able to turn up, then the presence of shareholder will be considered equally as it would be taken for a director.
Now any company looking for establishing itself in Malaysia should appoint one registered company secretary so that he can fulfill the responsibilities like annual general meetings or providing support to the Board of Directors for making the administrative system function flawlessly. The requirement prescribed in Malaysia for appointing a company secretary is that he should be licensed by SSM or an authorized personnel.
Created on Nov 28th 2017 23:54. Viewed 411 times.