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Registration of Business Entity

Registration of Business Entity

Methods of Conducting Business in Malaysia

Companies doing business in Malaysia must register with the Companies Commission of Malaysia (SSM) under the Companies Act 2016 (Act 777). Fees to be paid to SSM

Main fees to be paid to the Companies Commission of Malaysia (SSM):
(Refer to the Companies Regulations 2017)

MatterFee (RM)Fee (USD)
Application for reservation of name of company under section 27 of the Act50.00 for every thirty days or part thereof with a maximum of 180 days12.21 for every thirty days or part thereof with a maximum of 180 days
Application for incorporation under section 14 of the Act:
(a) Company limited by share1,000242.00
(b) Company limited by guarantee3,000727.00
(c) Unlimited Company1,000242.00

Application for registration of foreign company under section 562 of the Act :

a) with share capital

i.not more than RM 1,000,000.00 5,000 1,221.00
ii.exceeding RM 1,000,000.00 but not exceeding RM 10,000,000.00 20,000 4,843.78
iii.exceeding RM 10,000,000.00 but not exceeding RM 50,000,000.00 40,000 9,687.57
iv.exceeding RM 50,000,000.00 but not exceeding RM 100,000,000.00 60,000 14,531.36
v.exceeding RM 100,000,000.00 70,000 16,953.25
b.
without share capital
70,000 16,953.25

For the full range of fees, please visit SSM’s website  www.ssm.com.my

Source: Companies Act, 2016 (Act 777) & subsidiary legislations

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