What if I strongly need the declined name for Company Incorporation
The SSM allows appeals for declined names in writing showing the compelling reasons why the SSM should consider your appeal. The SSM has the discretion to make the final decision.
Why was my suggested Business Name not approved?
The SSM will turn down a suggested business name for the following reasons: The proposed company’s name is similar to an existing company such that the closeness can be confusing to the [...]
How fast will the SSM search for a suggested name?
The typical duration for rejection or approval is 1-2 working days.
What are the Steps in Setting up a Sdn Bhd?
1. Name Search and Reservation (1 Day) The application for a name search is done to the companies’ registrar. This can be done online using the MyCoID portal http://ww1.ssm-mycoid.com.my/omni/omni/portal/mycoid. The charges are [...]
How are those who committed tax crimes in Malaysia punished?
One of the most common tax crimes committed in Malaysia is that of failure to submit a tax return. Upon conviction, an offender will be liable to a fine of anywhere between RM200 and RM20,000, imprisonment for a term not exceeding six months, or both. Failure to remit the [...]
Is Tax Registration in Malaysia more complex than that of other countries?
Tax registration in Malaysia is somewhat more complex as compared to that of other countries in the world. However, by no means does that make it impossible to understand. Of course, those who have difficulties in understanding tax registration [...]
Can Business Entities other than Sdn Bhd Companies be struck off or wound up?
Sole proprietorships and partnerships are not closed down in the same way as are Sdn Bhd companies. Thus, they are neither struck off nor wound up in the conventional manner.
Can a Company which has been wound up be revived?
Just as is the case with companies which have been struck off, it is not possible for a company which has been wound up to be revived. Thus, company owners who plan [...]
Can a Company which has been struck off be revived?
Once a company has been struck off, it will have been removed from existence. Therefore, there is no way in which it could be revived. Company owners who are interested in [...]
What is the Employees’Provident Fund (EPF)
The EPF is one of the Malaysian government’s statutory bodies. It is managed by the Ministry of Finance. Its primary purpose is the overseeing of retirement planning for everyone in Malaysia who works [...]