What is Authorised Capital?
[With effective from 31 January 2017, authorised capital has been abolished under the new Companies Act 2016, all companies will no longer has authorised capital.]
Every Company need to register its authorised capital upon its incorporation with Suruhanjaya Syarikat Malaysia (SSM). The amount of authorised capital will be stated in the Memorandum of Association & Form 24 of the Company.
A company can increase its paid-up capital up to the maximum amount of authorised capital that registered with SSM.
The Authorised Capital is also referred as the registered capital of a company.
Registration fees for Authorised Capital
Every Company can freely decide how much the authorised capital to be registered, or to increase its authorised capital, by lodging relevant documents & paying respective filing fees to SSM.
|Authorised Capital (RM)||Registration fee (RM)|
|Up to 400,000||1,000|
|500,001 to 1 million||5,000|
|1,000,001 to 5 million||8,000|
|5,000,001 to 10 million||10,000|
|10,000,001 to 25 million||20,000|
|25,000,001 to 50 million||40,000|
|50,000,001 to 100 million||50,000|
|100 million and above||70,000|