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You need at least one director (18+ years old, residing in Malaysia) and one shareholder. You must also appoint a licensed Company Secretary within 30 days of incorporation.
Once all documents are submitted to SSM (Suruhanjaya Syarikat Malaysia), it typically takes 2 to 3 working days for the company to be officially registered.
Yes, in many industries, foreigners can own 100% of the equity, provided they meet the requirement of having at least one local resident director.
A Sdn Bhd is a more formal corporate structure requiring annual audits and a company secretary, whereas an LLP offers more operational flexibility and lower maintenance costs (audits are generally not mandatory for LLPs).
Audit fees are generally based on the company’s total assets, turnover, the complexity of the transactions, and the time required to complete the examination.
For Sdn Bhd companies, an annual statutory audit is mandatory. For LLPs, an audit is generally not required unless specified in the partnership agreement.
Professional firms like KKHO schedule the audit process carefully to minimize disruption, collaborating with your team to review documents efficiently.
SMEs often enjoy lower corporate tax rates on the first portion of their chargeable income and may be eligible for various government grants or capital allowances.
Companies must file their tax returns (Form C) within 7 months after the close of their financial year.
A consultant helps optimize tax liabilities, ensures compliance with SST/GST regulations, and identifies legal deductions to support the company’s financial growth.
Get Your Free 30-Min Tax Strategy Session.
KKHO & PARTNERS LLP provides trusted audit, tax, accounting, secretarial, and corporate advisory services in Malaysia. We help entrepreneurs and businesses stay compliant, reduce risks, and focus on growth with confidence.