{"id":503,"date":"2025-07-25T14:36:48","date_gmt":"2025-07-25T14:36:48","guid":{"rendered":"https:\/\/companysecretary.my\/?p=503"},"modified":"2025-07-25T14:36:48","modified_gmt":"2025-07-25T14:36:48","slug":"incorporation-of-limited-or-berhad-company-in-malaysia","status":"publish","type":"post","link":"https:\/\/companysecretary.my\/bm\/2025\/07\/25\/incorporation-of-limited-or-berhad-company-in-malaysia\/","title":{"rendered":"Incorporation of Limited or Berhad Company  in Malaysia"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"503\" class=\"elementor elementor-503\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7c51ccc e-flex e-con-boxed e-con e-parent\" data-id=\"7c51ccc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e946ec6 elementor-widget elementor-widget-spacer\" data-id=\"e946ec6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-71111c3 e-flex e-con-boxed e-con e-parent\" data-id=\"71111c3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-71c6361 elementor-widget elementor-widget-image\" data-id=\"71c6361\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/companysecretary.my\/bm\/wp-content\/uploads\/2025\/07\/corporate-consultant1-1024x682.jpg\" class=\"attachment-large size-large wp-image-505\" alt=\"\" srcset=\"https:\/\/companysecretary.my\/bm\/wp-content\/uploads\/2025\/07\/corporate-consultant1-1024x682.jpg 1024w, https:\/\/companysecretary.my\/bm\/wp-content\/uploads\/2025\/07\/corporate-consultant1-300x200.jpg 300w, https:\/\/companysecretary.my\/bm\/wp-content\/uploads\/2025\/07\/corporate-consultant1-768x512.jpg 768w, https:\/\/companysecretary.my\/bm\/wp-content\/uploads\/2025\/07\/corporate-consultant1-1536x1024.jpg 1536w, https:\/\/companysecretary.my\/bm\/wp-content\/uploads\/2025\/07\/corporate-consultant1.jpg 2000w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ace1b53 elementor-widget elementor-widget-text-editor\" data-id=\"ace1b53\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p class=\"p1\">Limited company or popular known as Berhad company here in Malaysia is one of two types of companies limited by shares. Its establishment,\u00a0 conduct and dissolution of these companies are regulated by the Companies Act 2016.<\/p><p class=\"p1\">The liability of limited company is limited. It is limit to the amount paid by its shareholders only. If the shareholders has fully paid their shares, he is no longer need to contribute money to the company even in the event of its bankruptcy.<\/p><p class=\"p1\">Limited company also has a separate legal entity like a normal company. They can borrow, buy, rent, enter into contracts, sue, be sued, own property and real estate in the company name without involving its shareholder&#8217;s name.<\/p><p class=\"p1\">All matters relating to the establishment of the limited company until its closure should be done at the registrar of companies office or also known as the Company Commission of Malaysia (CCM) which has its headquarters at Menara SSM, KL Sentral, Kuala Lumpur.<\/p><p class=\"p1\">In order to set up a limited company, a minimum of 2 directors\u00a0 who have a residential address in Malaysia is required. In addition, the minimum 2 shareholders are required (which can be the same individual with directors) to complete the establishment process.\u00a0<\/p><p class=\"p1\">Limited company is required to appoint at least a company secretary according to the Companies Act 2016 by either to appoint a company secretary to work with the company (internal company secretary) or seek the services of the company secretary (external company secretary).<\/p><p class=\"p1\">Different from private limited company, a limited company can not immidiately start its business even after the company registration certificate has been issued . It must first submit for an application for a certificate to commence of business to CCM and if successful the company will be issued with a certificate to commence business.<\/p><p class=\"p1\">After a month of the date on certificate to commence business and within 3 months, a limited company need to hold a statutory meeting together with that prepare and lay before it the company&#8217;s statutory report.<\/p><p class=\"p1\">Shares of limited company can be offered to anyone among the public at large.In order to ensure the sale of its shares to be carried out effectively, the company may choose to be listed on the Kuala Lumpur Stock Exchange (KLSE). For this purpose, the company must comply with the listing guidelines issued by the Securities Commission Malaysia (SCM).<\/p><p class=\"p1\">At the end of every year, the limited company is required by the Companies Act 2016 to:<\/p><ol class=\"ol1\"><li class=\"li3\">Complete\u00a0the audited reports\u00a0and\u00a0lay before\u00a0the Annual General Meeting (AGM) of the Company.<\/li><li class=\"li3\">Holding an Annual General Meeting of the company.<\/li><li class=\"li3\">Lodge a company&#8217;s annual return to the CCM<\/li><\/ol><p class=\"p1\">The company&#8217;s failure to comply for three mandatory requirements above may cause the company and its directors be\u00a0compounded by CCM and if convicted in court can lead to a higher penalty.<\/p><p class=\"p1\">Limited company will continue to exist even with any changes that occur to its owner. It is also will not close despite the death of all of its shareholders. It will continue to exist unless the proper closure procedure against it was done either through the CCM or the courts.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-08d8b4b e-flex e-con-boxed e-con e-parent\" data-id=\"08d8b4b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-78efe1b elementor-author-box--avatar-yes elementor-author-box--name-yes elementor-author-box--biography-yes elementor-widget elementor-widget-author-box\" data-id=\"78efe1b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"author-box.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-author-box\">\n\t\t\t\t\t\t\t<div  class=\"elementor-author-box__avatar\">\n\t\t\t\t\t<img decoding=\"async\" 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linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-linkedin\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 32H31.9C14.3 32 0 46.5 0 64.3v383.4C0 465.5 14.3 480 31.9 480H416c17.6 0 32-14.5 32-32.3V64.3c0-17.8-14.4-32.3-32-32.3zM135.4 416H69V202.2h66.5V416zm-33.2-243c-21.3 0-38.5-17.3-38.5-38.5S80.9 96 102.2 96c21.2 0 38.5 17.3 38.5 38.5 0 21.3-17.2 38.5-38.5 38.5zm282.1 243h-66.4V312c0-24.8-.5-56.7-34.5-56.7-34.6 0-39.9 27-39.9 54.9V416h-66.4V202.2h63.7v29.2h.9c8.9-16.8 30.6-34.5 62.9-34.5 67.2 0 79.7 44.3 79.7 101.9V416z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-share-btn__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span 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56.2 81.2 56.1 130.5 0 101.8-84.9 184.6-186.6 184.6zm101.2-138.2c-5.5-2.8-32.8-16.2-37.9-18-5.1-1.9-8.8-2.8-12.5 2.8-3.7 5.6-14.3 18-17.6 21.8-3.2 3.7-6.5 4.2-12 1.4-32.6-16.3-54-29.1-75.5-66-5.7-9.8 5.7-9.1 16.3-30.3 1.8-3.7.9-6.9-.5-9.7-1.4-2.8-12.5-30.1-17.1-41.2-4.5-10.8-9.1-9.3-12.5-9.5-3.2-.2-6.9-.2-10.6-.2-3.7 0-9.7 1.4-14.8 6.9-5.1 5.6-19.4 19-19.4 46.3 0 27.3 19.9 53.7 22.6 57.4 2.8 3.7 39.1 59.7 94.8 83.8 35.2 15.2 49 16.5 66.6 13.9 10.7-1.6 32.8-13.4 37.4-26.4 4.6-13 4.6-24.1 3.2-26.4-1.3-2.5-5-3.9-10.5-6.6z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-share-btn__text\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__title\">\n\t\t\t\t\t\t\t\t\t\tWhatsApp\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Limited company or popular known as Berhad company here in Malaysia is one of two types of companies limited by shares. Its establishment,\u00a0 conduct and dissolution of these companies are regulated by the Companies Act 2016. The liability of limited company is limited. It is limit to the amount paid by its shareholders only. If [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":505,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5],"tags":[11,12,3,13,14,15],"class_list":["post-503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-incorporation","tag-berhad","tag-incorporate-berhad","tag-incorporate-company","tag-limited","tag-register-berhad","tag-register-limited-company"],"_links":{"self":[{"href":"https:\/\/companysecretary.my\/bm\/wp-json\/wp\/v2\/posts\/503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/companysecretary.my\/bm\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/companysecretary.my\/bm\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/companysecretary.my\/bm\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/companysecretary.my\/bm\/wp-json\/wp\/v2\/comments?post=503"}],"version-history":[{"count":0,"href":"https:\/\/companysecretary.my\/bm\/wp-json\/wp\/v2\/posts\/503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/companysecretary.my\/bm\/wp-json\/wp\/v2\/media\/505"}],"wp:attachment":[{"href":"https:\/\/companysecretary.my\/bm\/wp-json\/wp\/v2\/media?parent=503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/companysecretary.my\/bm\/wp-json\/wp\/v2\/categories?post=503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/companysecretary.my\/bm\/wp-json\/wp\/v2\/tags?post=503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}