What is a Private Limited Company?
Sendirian Berhad or private limited company, is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 50, and restricts shareholders from publicly trading shares
Sdn Bhd limited company registration is governed by the SuruhanJaya Syarikat Malaysia (SSM) under Companies Act 2016. To register a private limited company, a minimum of One shareholder and One director is required. A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. Further, foreign nationals, foreigner can own 100 percent shareholdings and its make Malaysia a perfect choice to start your first foreign Company.
Unique features of a private limited company like limited liability protection to shareholders, ability to raise equity funds, separate legal entity status and perpetual existence make it the most recommended type of business entity for millions of small and medium sized businesses that are family owned or professionally managed.
We Malaya Corporate can help your Register Sdn Bhd any types of companies in Malaysia. The averaga time taken to Complete Company Registration is about 3 to 7 working day, subject to government processiong time and client return the incorporation documents. What are you waiting for? Get a free consultation for private limited Company by startup by scheduling an appointment with us.