How To Register Small Business In Malaysia

Prior to forming a corporation the owners must submit a unique corporate name that does not resemble any existing registered corporate names.

How to register small business in malaysia. Once this step is completed the corporation must register the name with the government s registration system to gain approval from the company formation in malaysia. The ssm office have shift their office from second floor to 16th floor. As a small business owner in malaysia you re actually not required to have a business name to get your business registered with the government. In general case if you are running a shop then must apply for the trading and signboard license even if your shop located in a shopping mall or inside a commercial building. Opening a current account is important as some payment gateways do not accept a saving account as the recipient if online payment.

Know what business entities are applicable to the foreigner and their business where and how to register the business and types of trade permits and certificates needed. Regardless of the type of business you conduct in malaysia you have to register your business with local authority and then acquire the required business license. There s at least one branch in every state in malaysia so you can be sure to find one closest to you. You must first complete and submit form 13a of the ca request for availability of name to the surumanjaya syarikat malaysia companies commission of malaysia otherwise known as ssm then pay a rm30 fee per name submitted. Once you have registered your business in malaysia you will receive a unique business registration number or id.

If you in kuala lumpur then visit ssm suruhanjaya syarikat malaysia companies commission of malaysia at the mall opposite pwtc in kuala lumpur. It is important to note that foreigners are not allowed to start unlimited companies sole proprietor companies partnerships enterprises or llps in malaysia. If your name is approved by the ssm it will be reserved for three months following the date of its approval. Step to register a business in malaysia small enterprise sole proprietorship 1. Alternatively you can also register your business online through ssm e lodgement although the waiting period may be slightly longer compared to a walk in registration.

Once you have your business registered the next step to start your online business in malaysia journey is to go to any bank of your choice to register a business current account.