In Malaysia, the public limited company (Berhad) is suitable for big companies and addresses foreign investors who want to open a business in this country and also sell company shares to the general public. Thus, this alternative is suitable for those interested in a joint stock company, a business structure that does not exist in Malaysia. We invite you to discover information about how to set up a public limited liability company in Malaysia, and also about the services offered by our local agents.
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If you want to set up a business in Malaysia and you are interested in public limited liability, then it is important to know what are the procedures for setting up this structure and what exactly you have to take into account. Below we present some information in this regard:
Once all the documents are accepted and the formalities are completed, SSM can issue the Certificate of Incorporation. So, if you want more information about how to start a business in Malaysia and what the conditions are for establishing a public LLC, do not hesitate to contact our team of local agents.
In case you want to start a business in another Asian country, for example in the Philippines, you may contact our partners – CompanyFormationPhilippines.com.
On the other hand, we recommend the services of our accountants in Malaysia, if you decide on this structure. It is very important to align yourself with accounting requirements in Malaysia, and our CPA in Malaysia can provide you with the support you need.
Of course, right after opening a public limited liability company in Malaysia, you must select an auditor, at least 30 days before the submission of the financial accounts.
If you have not opened a bank account or if you have not applied for the necessary business license, you can do this even after registering a public limited liability company. The only thing that remains is to register the company for the payment of taxes so that you can take care of employee relocation or recruitment, as the case may be.
We have collected some data about the economic situation in Malaysia, which will help you when you want to set up a company in Malaysia:
LLCs established in Malaysia are allowed to raise money by issuing bonds or offering share certificates to the investors. Furthermore, an LLC can apply for bank loans and benefit from lower interest rates compared to other types of businesses in Malaysia.
Do you want to find out information about how to open a public limited liability company in Malaysia? Our local specialists can provide you with complete information regarding company incorporation in Malaysia, so do not hesitate to contact us.