Yes, the presence of a Company Secretary at board meetings is highly recommended. Their role in providing guidance on legal and regulatory matters, ensuring compliance with procedures, and taking accurate minutes of [...]
Yes, a Company Secretary can be held personally liable for non-compliance if they are found to have acted negligently or in breach of their duties. It is important for company secretaries to [...]
Every business in Malaysia cannot be categorized as more than one business structure. Therefore, businesses in Malaysia cannot make use of more than one business structure at the same time. [...]
M&A, or Memorandum and Articles of Association were documents that defines the relationship between the company and the outside. They also contain essential information about the company. It was mandatory for every [...]
The present Constitution functions as a contract that outlines the relationships and interactions between a company and its members, directors, and company secretary. It covers various aspects such as powers, responsibilities, roles, [...]
Yes, a single person who acts as both the director and the sole member of the company can also take on the role of the secretary. However, it is essential to note [...]
A foreign individual has the option to establish a company as the sole shareholder. However, if they intend to be the sole director of the company as well, they must meet the [...]
The Companies Act 2016, specifically section 196(4), stipulates that a director must ordinarily reside in Malaysia with a principal place of residence in the country. This requirement is applicable only to the [...]
A subsidiary is a separate legal entity from its parent company, responsible for its own debts and liabilities. To register a subsidiary in Malaysia, these are the brief preparations necessary:Register Company Name: [...]
SST is a transaction-based tax on goods and services, while corporate tax is imposed on a company's income. SST is paid by businesses when they sell goods or provide services, while corporate [...]
