INCORPORATION OF A LOCAL COMPANY IN MALAYSIA

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Incorporation of a local company is carried out pursuant to the provisions of the Companies Act 1965 (‘CA’). There are three (3) types of companies that can be incorporated under the CA namely:

  1. A company limited by shares;
  2. A company limited by guarantee; or
  3. An unlimited company.

As at 28th February 2009, there are 839,853 local companies incorporated. Since the establishment of SSM in April 2002, the growth rate of the number of local companies incorporated exceeds 5% annually.