Registration of a Private Limited Company

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  • 8/4/2019 Registration of a Private Limited Company

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    Click to edit Master subtitle style

    4/17/12

    Registration of a Private

    Limited Company

    Group 3Aida

    SalwaFarah Ain

    WaniYahyaNajwaNeo

    Hakeem

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    STEP 1PROPOSED NAME OF BUSINESS TO BE

    REGISTERED

    Complete Form 13A (Request for Availability of Name).

    Process & ensure whether the suggested name can or cannotbe used.

    If approved, name will be kept for 3 months from the date

    approval.

    Name must be totally in Malay or English & cannot more than50 letters.

    The payment charged is RM30 for each application.

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    STEP 2RESERVATION OF THE APPROVED

    NAME

    After approval granted, the applicant mustreserved the name within 30 days.

    This done by completing & submitting Form 14.

    Reservation charge RM25

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    STEP 3PREPARING AND SENDING THE

    DOCUMENTSSubmit for registration within 2 months from the date Form 14 isreceived.

    Attach the following documents:

    Memorandum of Association Outlines the power & limitation

    Articles of Association Defines the internal procedures

    Form 6 Statutory Declaration of Compliance

    Form 48A Before Appointment as Founder or Director beforeincorporation

    Form 18 Compliance by company that does not issue prospectusstatement

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    STEP 4STAMP DUTY ANDREGISTRATION FEE

    Stamp duty of RM100 will be imposed & the same

    fee applies for the Articles of Association.

    A registration fee of RM1,000 will be imposed tocompany have share capital.

    For company has share capital, fee is based on theauthorized share capital.

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    Authorized ShareCapital

    Registration Fee

    Not exceeding RM100,000 RM1,000

    RM100,001 RM500,000 RM3,000

    RM500,001 RM1 million RM5,000

    RM1,000,001 RM 5 million RM10,000

    RM10,000,001 RM 25 million RM20,000

    RM25,000,001 RM50 million RM40,000

    RM50,000,001 RM100 million RM50,000

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    STEP 5

    CORPORATE DECLARATION CERTIFICATEAfter application been approved & all regulation have been adhered

    to, the company registrar will issue Form 9 which is the Certificate of

    Incorporation for a private limited company.

    Corporate Declaration Certificate:

    RM200 for first copy

    RM20 for second copy

    RM5 stamp on the original copy

    RM2 stamp on the second copy depending on the authorized capital

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    STEP 6

    COMMENCEMENT OF BUSINESSHaving share capital is required to file for the Certificate of Commencement ofbusiness.

    Attach the following documents:

    Form 24 Breakdown of Allotted Shares

    Form 32 Signature of director or managing director or manager or secretary

    Form 44 Notice of Legal Business Address

    Form 49 Detailed Statement by Director, Manager & Company Secretary

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    STEP 7 DURATION

    AND DISSOLUTION

    Once a company is incorporated itmaybe dissolved in accordance withthe provision & process set out in theCompanies Act 1965.

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