WHAT IS A COMPANY LIMITED BY SHARES?
A company having a share capital may be incorporated as a private company (identified through the words ‘Sendirian Berhad’ or ‘Sdn. Bhd.’ following their name) or public company (‘Berhad’ or ‘Bhd’ following their name).
A company limited by shares is defined as limited liability for members of the company to the amount of unpaid shares taken up (if any). Meanwhile for fully paid share members of the company, they do not require to contribute to the payment of the company’s debts if the company becomes insolvent.
INFORMATION NEEDED TO REGISTER A COMPANY
Photocopy of all Directors’ and shareholders’ NRIC or Passport
Latest Residential Address in Malaysia (if different from NRIC)
Proposed new name for the company, preferably with 3 options
Details of business activity of the new company
Information on Paid-up capital (min RM2)
Preferred bank name, branch, signatory details and mode of operation
Email address of all Directors’ and Shareholders