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  • Incoporation of Private Co

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    IZZAH ZAHIN
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    This document outlines the key steps required to incorporate a private limited company in Malaysia: 1) Prepare the necessary documents for lodgement with the Companies Commission of Malaysia (SSM), including a memorandum of association detailing the company's name, objectives, share capital, and subscriber details. 2) Apply to the SSM to reserve the proposed company name and ensure it is suitable and available. 3) Upon payment of fees, the SSM will issue a certificate of incorporation, at which point the company becomes a separate legal entity. 4) Several post-incorporation requirements must then be completed, such as appointing directors and a company secretary, issuing share certificates, opening a company bank account

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    This document outlines the key steps required to incorporate a private limited company in Malaysia: 1) Prepare the necessary documents for lodgement with the Companies Commission of Malaysia (SSM), including a memorandum of association detailing the company's name, objectives, share capital, and subscriber details. 2) Apply to the SSM to reserve the proposed company name and ensure it is suitable and available. 3) Upon payment of fees, the SSM will issue a certificate of incorporation, at which point the company becomes a separate legal entity. 4) Several post-incorporation requirements must then be completed, such as appointing directors and a company secretary, issuing share certificates, opening a company bank account

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views1 page

    Incoporation of Private Co

    Uploaded by

    IZZAH ZAHIN
    This document outlines the key steps required to incorporate a private limited company in Malaysia: 1) Prepare the necessary documents for lodgement with the Companies Commission of Malaysia (SSM), including a memorandum of association detailing the company's name, objectives, share capital, and subscriber details. 2) Apply to the SSM to reserve the proposed company name and ensure it is suitable and available. 3) Upon payment of fees, the SSM will issue a certificate of incorporation, at which point the company becomes a separate legal entity. 4) Several post-incorporation requirements must then be completed, such as appointing directors and a company secretary, issuing share certificates, opening a company bank account

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    INCORPORATION OF A PRIVATE

    LIMITED COMPANY
    INTRODUCTION
    The formation of a Private Ltd. Co.
    The related legislation are
    (a) Companies Act 1965
    (b) Companies eg!lation 1966
    POST INCORPORATION REQUIREMENTS
    (a) the director named in the "#A ta$e office and the
    Co. secretar% is appointed
    (b) allotment of shares !&s. 1'( CA shares certificate
    to be iss!ed )ithin * months after allotment
    (c) +otice of registered office !&s. 1*' CA. ,orm --
    to be for)arded to registrar )ithin 1 month
    (d) +ame of Co. to be displa%ed o!tside registered
    office and places of b!siness !&s. 1*1 CA
    (e) Common seals to be obtained
    (f) Appointment of a!ditor
    (g) .et !p min!tes boo$ !&s. 156 CA
    (h) Prepare ret!rn of allotment of shares !&s. 5/(1)
    CA ,orm */ to be !sed
    (i) 0stablish compan% registers i.e. (1) register of
    director1 managers and secretaries s. 1/1 CA.
    ,orm /5 is relevant. (*) register of directors
    shareholdings !&s. 1-/ CA (-) registers of
    members !&s. 152 CA (/) register of charges !&s.
    115 CA (if applicable)
    (3) #pen compan% ban$ acco!nt.
    PRE INCORPORATION
    (a) Prepare application for eservation of +ame 4 appl%
    to the #C to ascertain )hether the name proposed
    is s!itable&available. 5t is better to give several
    alternative in order to e6pedite the process1 sho!ld
    the first choice not available. .. ** CA .,ill in ,orm
    1/
    (b) Prepare necessar% doc!ments for lodgment 4
    memorandum and article )ith #C !&s. 16 (1)
    CA. s. 12 CA
    e7!irements of "emorand!m8 name of compan%1
    ob3ect cla!se1 amo!nt of nominal shares capital1
    liabilit% of members1 f!ll names1 address 9
    occ!pations of s!bscribers and association cla!se.
    .. *9 1 -' the compan% ma% adopt Table A as the
    Articles of Co. s. 16(*)
    .tat!tor% :eclaration in ,orm 16 b% an advocates
    engaged or director or secretar% s. 16(-A) CA 9
    ,orm /2A .tat!tor% :eclaration b% Promoter or
    :irector that he is not an !ndischarged ban$r!ptc%1
    or charged for fra!d or dishonest% and he consent
    the appointment.
    (c) .. 16 (/) ;pon Pa%ment of ,ees the egistrar )ill
    iss!e certificate of incorporation and the compan%
    becomes a separate legal entit% !&s. 16(5)
    TA!IN" INSTRUCTIONS FROM CLIENT

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