{"id":2042,"date":"2011-12-10T00:06:56","date_gmt":"2011-12-09T16:06:56","guid":{"rendered":"http:\/\/www.nbc.com.my\/blog\/?p=2042"},"modified":"2024-11-01T11:26:02","modified_gmt":"2024-11-01T03:26:02","slug":"why-need-company-secretary-in-malaysia-who-can-be-company-secretary","status":"publish","type":"post","link":"https:\/\/www.nbc.com.my\/blog\/why-need-company-secretary-in-malaysia-who-can-be-company-secretary\/","title":{"rendered":"Why need company secretary in Malaysia? Who can be company secretary?"},"content":{"rendered":"<p><a href=\"https:\/\/www.nbc.com.my\/blog\/why-need-company-secretary-in-malaysia-who-can-be-company-secretary\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-3699\" title=\"931543_-team_iii-\" src=\"https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/12\/931543_-team_iii-.jpg\" alt=\"\" width=\"300\" height=\"206\" srcset=\"https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/12\/931543_-team_iii-.jpg 300w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/12\/931543_-team_iii--105x72.jpg 105w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/12\/931543_-team_iii--145x100.jpg 145w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/12\/931543_-team_iii--24x16.jpg 24w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/12\/931543_-team_iii--36x24.jpg 36w, https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/12\/931543_-team_iii--48x32.jpg 48w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>It is required by Section 139 of the Companies Act, 1965 that the every limited company (sdn bhd or berhad) need to have at least one <span style=\"color: #0000ff;\"><a title=\"Company secretary in Malaysia\" href=\"http:\/\/www.nbc.com.my\/secretary.html\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">Company Secretary<\/span><\/a><\/span>.<\/p>\n<p>Most of the public listed companies would have their own secretarial departments where all corporate legal matters will be handled by their in-house full time <span style=\"color: #0000ff;\"><a title=\"Company secretary in Malaysia\" href=\"http:\/\/www.nbc.com.my\/secretary.html\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">company secretaries<\/span><\/a><\/span>.<\/p>\n<p>However, it is impossible &amp; not practical for small and medium companies (SMC) to have the services of full time licensed secretary in their office.<\/p>\n<p>As such, the services of an <span style=\"color: #0000ff;\"><a title=\"company secretary\" href=\"http:\/\/www.nbc.com.my\/secretary.html\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">external secretary<\/span><\/a><\/span> of professional secretarial firms will normally be engaged to perform all <span style=\"color: #0000ff;\"><a title=\"company secretarial services in  Malaysia\" href=\"http:\/\/www.nbc.com.my\/secretary.html\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">company secretarial<\/span><\/a><\/span> matters.\u00a0<!--more--><\/p>\n<p>The licensed secretary so appointed by the Board of Directors of a limited company will look after and conduct all legal and procedural matters as required by the Companies Act 1965 and all other applicable laws fall under the duties of a Company Secretary.<\/p>\n<p>The company secretary must be of full age (18 years old) with his principal or only place of residence in Malaysia and must be either a member of a professional body approved by the Ministry, or a licensed secretary granted by the SSM Malaysia (Companies Commission of Malaysia, CCM) pursuant to section 139 of the Companies Act. Further, the person must not be a bankrupt and is not convicted of any offence under Section 130 (1) of the Companies Act.<\/p>\n<p>The Minister has approved the following professional bodies as the prescribed professional bodies:<br \/>\n1. The Malaysian Association of The Institute of Chartered Secretaries and Administrators (MAICSA)<br \/>\n2. Malaysian Association of Company Secretaries (MACS)<br \/>\n3. The Malaysian Bar<br \/>\n4. The Malaysian Institute of Accountants (MIA)<br \/>\n5. Malaysian Association of Certified Public Accountants (MACPA)<br \/>\n6. The Sabah Law Association<br \/>\n7. The Advocates&#8217; Association of Sarawak<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Company Registration and Company Secretary<\/strong><\/span><\/p>\n<p>In order to start a business and <span style=\"color: #0000ff;\"><a title=\"register a company in Malaysia\" href=\"http:\/\/www.nbc.com.my\/company-formations-registration.html\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">to register a limited company in Malaysia<\/span><\/a><\/span>, a person needs to engage a licensed company secretary to assist him\/her to <span style=\"color: #0000ff;\"><a title=\"incorporate a new company\" href=\"http:\/\/www.nbc.com.my\/company-formations-registration.html\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">incorporate a new company<\/span><\/a><\/span> with SSM Malaysia.<\/p>\n<p>The <span style=\"color: #0000ff;\"><a title=\"registration of a new company in Malaysia\" href=\"http:\/\/www.nbc.com.my\/company-formations-registration.html\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #0000ff;\">registration of new company in Malaysia<\/span><\/a><\/span> can only be done through the company secretary. The Company secretary will prepare all necessary registration documents and go through all registration processes with the cooperation from the directors to get the new company successfully registered with SSM Malaysia under the provisions of the Companies Act, 1965.<\/p>\n<hr \/>\n<p><span style=\"text-decoration: underline;\"><span style=\"color: #ff0000; text-decoration: underline;\"><strong>Special Offer from NBC Group:<\/strong><\/span><\/span><\/p>\n<p>NBC Group is offering company secretarial services at RM35 per month only for first (1st) year of appointment as new company secretary to your company!<\/p>\n<p><span style=\"color: #0000ff;\"><a title=\"Change company secretary\" href=\"http:\/\/www.nbc.com.my\/secretary.html\"><span style=\"color: #0000ff;\"><strong>Change your company secretary to us today and start enjoy first year secretarial fees at RM660 only!<\/strong><\/span><\/a><\/span><\/p>\n<p><span style=\"color: #0000ff;\"><strong><a title=\"Change company secretary\" href=\"http:\/\/www.nbc.com.my\/secretary.html\"><span style=\"color: #0000ff;\">Yes, one (1) year for RM660 only! (RM55 per month!)<\/span><\/a><\/strong><\/span><\/p>\n<p>Call us now at\u00a0<strong>03-7729 7018 (3 lines)<\/strong>.<\/p>\n<p>Check it out:\u00a0<strong><a title=\"Change company secretary &amp; enjoy first year secretarial fees at RM420 only!\" href=\"http:\/\/www.nbc.com.my\/secretary.html\">Change Company Secretary<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is required by Section 139 of the Companies Act, 1965 that the every limited company (sdn bhd or berhad) need to have at least one Company Secretary. Most of the public listed companies would have their own secretarial departments where all corporate legal matters will be handled by their in-house full time company secretaries. [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":3699,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[49,6,11],"class_list":["post-2042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ssm-company-registration","tag-company-registration-malaysia","tag-company-secretary","tag-ssm"],"_links":{"self":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/2042"}],"collection":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/comments?post=2042"}],"version-history":[{"count":1,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/2042\/revisions"}],"predecessor-version":[{"id":6661,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/2042\/revisions\/6661"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/media\/3699"}],"wp:attachment":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/media?parent=2042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/categories?post=2042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/tags?post=2042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}