YML & Co :: E-Formation

A resident individual (sole proprietor and partner in partnership business) with chargeable income of more than RM250,000 should consider incorporating a company (ie. Sdn. Bhd.) to carry out its business as there is an immediate tax saving.

Types of companies in Malaysia:-

Companies limited by shares
Companies limited by guarantee
Companies limited by both shares & guarantee
Unlimited companies

Following are the 3 types of business entities that you can choose from in order to carry on your business operation :-

sole trader
partnership
limited company (Sdn Bhd)

Sole traders and partnerships are required to register with the Companies Commission of Malaysia (CCM) under the Registration of Business Act, 1965 before they commence their businesses.

Incorporation of a Sdn Bhd (Limited Company)

Contact Details
Contact person*
Tel no.*		E-mail*

A) Company Details
Proposed company names
(1)*	Sdn. Bhd.	(2)	Sdn. Bhd.
(Please provide two company names in priority)

B) Main Business Nature Of The Company

C) Directorship (Minimum of 2)

Director I*
Name
Nationality
Address
NRIC/Passport
Race

Director II*
Name
Nationality
Address
NRIC/Passport
Race

- Add more Director/s

D) Shareholding (Minimum of 2)
Authorized capital of RM100,000.00

Shareholder I*
Name
Address
NRIC/Passport
Number of shares
(At par value of RM1.00)

Shareholder II*
Name
Address
NRIC/Passport
Number of shares
(At par value of RM1.00)

- Add more Shareholder/s

Please choose either one of the following :-
Option I :		Formation only for RM2,480
Option II :		With initial consultations on taxation and accounting matters for RM2,680

Payment Method

For option I : Deposit of RM680 is required
For option II : Deposit of RM880 is required

To make the deposit payment, please make your cheque payable to the following and fax your bank in slip to us at 603.91056957.

Payable to	: Helpful Management Services
Bank	: Hong Leong Bank Bhd
Account no.	: 00200087696

You may e-mail your enquiries to info@ymlco.com.my or contact us at 603.91056796 or fax to us at 603.91056957