Best answer: How much does it cost to open a SSM account in Malaysia?

How much does it cost to register a company in Malaysia?

Fees

Different Malaysia entity types Cost Draft invoice
Tax resident LLC US$12,680 View invoice PDF
Legally tax exempt LLC US$12,000 View invoice PDF
A Malaysia Free zone company US$20,050 View invoice PDF
Branch of a foreign company US$17,450 View invoice PDF

How do I pay my SSM registration fee?

​​Payment Mode

  1. Fee is payable to SURUHANJAYA SYARIKAT MALAYSIA.
  2. Payment for training can be made in Credit Card (Visa and Mastercard) , Debit Card (Visa and Mastercard) and Direct Banking.​
  3. Payment for replacement certificate can be made in cash through counter services.
  4. Each programme fee must be paid separately.

How much does it cost to open Sdn Bhd?

You need to pay minimum filing fee of RM1,000 to SSM when registering new sdn bhd company. The filing fee is actually paid for the registration of RM400,000 authorised capital.

How much does a business license cost in Malaysia?

Business registration fees; trade name: RM60, personal name: RM30, branch name: RM5, Sdn Bhd incorporation fee: RM1,000. Solicitor’s fees: RM3,000. Name registration: RM30.

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What are company charges SSM?

Company Charges (CC e-Info) will have information about registered charges for a particular company. The normal deliverable in Company Information will have only the followings; Company Name, Company Number, Charge Number, Date of Charge Created, Name of Chargee, Charge Status and Amount of Charge.

How do I open an SSM account?

SSM Company Name Search Online System

  1. Visit to www.ssm-einfo.my.
  2. Click on the icon stating “Register“
  3. Fill in the “Registration Form“, then submit.
  4. Log in with your username & password.
  5. Under Company & Business Information, click on the icon “Search“
  6. Enter your desired company name in the box “By Name“
  7. DONE!

Which bank can renew SSM?

We are pleased to inform that the Companies Commission Of Malaysia (SSM) will resume its services at Bank Simpanan Nasional (BSN) and Bank Kerjasama Rakyat Malaysia (BKRM) beginning 8 May 2020. Customers could now renew their business registration and pay compound at the BSN and BKRM branches starting from the date.

What if SSM expired?

If your business is expired within 12 months after the expiry date, you are still able to renew it. Act now or else you will lose your existing SSM Business Registration Number and need to register a new business with SSM again.

What is the difference between sole proprietor and Sdn Bhd?

The sole proprietor is also personally liable to the authorities such as the Lembaga Hasil Dalam Negeri, SSM in their personal capacity. Private Limited Company, is known as Sdn Bhd. It is the most common business entity in Malaysia. A private company is considered as a separate legal entity.

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How can I incorporate a company in Malaysia SSM?

(i) a copy of consent letter from the corporate body named as the member of the company. (ii) a copy of certificate of director’s qualification, if required. (i) a consent letter from relevant agency, if any. (b) a certificate of incorporation will only be issued by SSM upon request together with the prescribed fee.

What is the difference between Sdn Bhd and BHD?

Berhad (BHD) is a suffix used in Malaysia to identify a public limited company. The suffix Sendirian Berhad (SDN BHD) identifies a private limited company. SDN BHD companies are typically small or midsized enterprises. BHD companies are the largest companies in Malaysia.