Malaysia Company Set up – Authorized capital
A private limited company in Malaysia must have a minimum paid-up capital is RM1.
Malaysia Company Set up-Appointment of shareholders and directors
Each company must provide one (1) or more shareholders; shareholders can be the directors at the same time. Shareholders do not have nationality restrictions; each company must have a minimum of one (1) directors, being a natural person with their principal place of residence in Malaysia or foreigners who hold a visa in Malaysia for more than 6 months. Tannet can assist on coordination and provide local directors if necessary, specifically Chinese directors with good financial position and professionals.
1. English name of the Malaysia Company
2. Personal data of all the shareholders and directors (Identification card or passport and address)
3. Authorized capital and the shares allocation
4. Articles of association
5. Purpose of company set up and main projects.
*(All documents must be translated in English or Malay)