Incorporation of Company in Malaysia
Our Services for Company Incorporation
Strengthen Your Business with Proven Expertise
Frequently Asked Questions
General Questions
What type of company will I be incorporating?
You will be incorporating a Sdn Bhd (Sendirian Berhad), a private limited company under Malaysian law. It has its own legal entity, limits shareholder liability, and is the most common structure for businesses in Malaysia.
Why should I incorporate a Sdn Bhd?
- Limited liability for shareholders
- Stronger business credibility
- Easier to secure funding, government grants, and bank loans
- Access to tax incentives
- Perpetual succession (the company exists beyond founders)
Who can be directors and shareholders?
- Minimum 1 director (aged ≥18, residing in Malaysia)
- Minimum 1 shareholder (can be local or foreign)
- One person can be both director and shareholder
- Maximum 50 shareholders
What is the minimum paid-up capital?
Legally, RM1 — but practically, most banks and partners prefer RM2,500 or more.
What is included in Great CFO’s incorporation package?
- Company name reservation with SSM
- Digital preparation & submission of incorporation documents
- Appointment of directors and shareholders
- Use of Great CFO office as registered address
- Appointment of Company Secretary (mandatory by law)
- Bank board resolution for first account
- First board meeting minutes
- Certified company documents
How long does the incorporation process take?
- Name approval: ~1 working day
- Full incorporation: ~3–7 working days
- Bank account opening: ~1–2 weeks (depends on bank)
For Startups
Why should startups incorporate as Sdn Bhd?
- Easier to raise venture capital or angel investments
- Founders’ personal assets are protected
- Eligible for government grants & startup incentives (e.g., Cradle Fund, MDEC)
- Formalizes founder agreements, equity splits, and IP ownership
- Looks credible to partners, customers, and investors
Can I register my startup online?
Yes! Great CFO offers fully virtual incorporation services — you can register remotely, saving time and cost.
Does Great CFO help with post-incorporation advice for startups?
Yes — we offer support on:
- Choosing financial year-end
- Setting up basic accounting and compliance systems
- Guidance on employee equity plans, ESOS
- Connecting you to tax incentives and grants
For Foreign Investors
Can foreigners own 100% of a Malaysian Sdn Bhd?
Yes, in most industries (except restricted sectors like telecommunications, oil & gas, education, etc.)
At least one director must be a resident in Malaysia (Malaysian citizen or foreigner with valid work pass)
What if I don’t have a local director?
We can assist you in finding a nominee director arrangement or advise on hiring a local director to meet legal requirements.
Can I apply for a visa through company incorporation?
Yes — after incorporation, you can apply for a work permit or director visa (such as Employment Pass) under your company.
We can connect you to immigration professionals to assist.
What’s the process for opening a corporate bank account as a foreigner?
- Prepare certified incorporation documents and board resolution
- Director(s) and authorized signatories typically must be physically present at the bank
- We assist in preparing all necessary paperwork and bank referrals
Compliance & Post-Incorporation
Do I need to appoint a Company Secretary?
Yes, within 30 days of incorporation — Great CFO includes this in all packages.
What are my annual compliance obligations?
- File Annual Return with SSM
- Submit audited financial statements (unless exempt)
- Pay corporate tax
- Maintain proper statutory records
What tax incentives are available?
Eligible businesses (especially in technology, biotech, manufacturing, green energy) may qualify for:
- Pioneer Status (tax exemption up to 5–10 years)
- Investment Tax Allowance
- MSC Malaysia Status (for IT companies)
Great CFO can guide you on applications.
Company Incorporation Packages
Coming Soon
Get In Touch
Switching to Us is EASY! Engaging us to service your needs is EASY! Hassel free, trouble free and simple.
If you’re good to go with us, we’ll take care of the rest and liaise directly with your current provider to take over seamlessly.