Setting up a Sdn Bhd in Malaysia can be a daunting task, but with the help of a company secretarial firm like SMI Corp, the process can be made much smoother. With over 15 years of experience in the industry, SMI Corp has helped over 1000 founders incorporate their businesses in Malaysia. Our team of experienced professionals can provide advice on your company structure and provide personalized service to ensure all our services and advice are tailored to your specific needs.

Here are the steps required to set up a Sdn Bhd in Malaysia:

1. Decide on the business name: The first step to setting up a Sdn Bhd in Malaysia is to decide on the business name. It is important to ensure that the name is not already taken and does not infringe on any existing trademarks.
2. Appoint directors and shareholders: A Sdn Bhd must have a minimum of one director and one shareholder. Directors must be at least 18 years old and not be bankrupt or convicted of any criminal offenses.
3. Decide on the company structure: The next step is to decide on the company structure, which includes the number of shares and the type of shares to be issued. It is important to seek professional advice on this matter as it can affect the company's future operations. Please speak to us on this matter.
4. Register the company with SSM: Once the business name and structure have been decided, the company must be registered with the Companies Commission of Malaysia (SSM). This can be done online or in-person, and the necessary documents must be submitted, including the Memorandum and Articles of Association (MAA).
5. Obtain necessary licenses and permits: Depending on the nature of the business, the company may need to obtain additional licenses and permits from relevant authorities.
6. Open a bank account: Once the company has been registered, a bank account must be opened in the company's name. This account will be used for all financial transactions related to the business.
7. Register for taxes: All companies in Malaysia are required to register for taxes with the Inland Revenue Board (IRB). This includes obtaining a tax identification number and registering for SST if applicable.
8. Register for social security: Employers in Malaysia are required to register their employees for social security with the Social Security Organization (SOCSO).

At SMI Corp, we pride ourselves on being the leading experts in the field of company secretarial services in Malaysia. Our team of experienced professionals can provide personalized service to ensure that all our services and advice are tailored to your specific needs. We can guide you through the entire process of setting up a Sdn Bhd in Malaysia, from deciding on the company structure to registering with SSM and obtaining necessary licenses and permits. With our help, you can bring your business to life with ease and confidence.