{"id":545,"date":"2011-05-25T22:58:24","date_gmt":"2011-05-25T14:58:24","guid":{"rendered":"http:\/\/www.nbc.com.my\/blog\/?p=545"},"modified":"2011-12-12T01:13:27","modified_gmt":"2011-12-11T17:13:27","slug":"registration-businesses-incorporation-local-companies-malaysia","status":"publish","type":"post","link":"https:\/\/www.nbc.com.my\/blog\/registration-businesses-incorporation-local-companies-malaysia\/","title":{"rendered":"Registration of New Businesses and Incorporation of Local Companies in Malaysia"},"content":{"rendered":"<p style=\"text-align: left;\"><a href=\"https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/05\/new-registered-company-business.png\"><img loading=\"lazy\" decoding=\"async\" style=\"background-image: none; padding-left: 0px; padding-right: 0px; display: inline; padding-top: 0px; border: 0px;\" title=\"new-registered-company-business\" src=\"https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/05\/new-registered-company-business_thumb.png\" alt=\"new-registered-company-business\" width=\"446\" height=\"271\" border=\"0\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><strong><span style=\"color: #0000ff;\">Incorporation of new local companies<br \/>\n<\/span><\/strong><\/p>\n<p style=\"text-align: left;\">The incorporation of new local companies with Suruhanjaya Syarikat Malaysia (SSM) in 2009 dropped marginally by 0.05% compared with 2008 despite the difficult economic conditions in the first nine months of 2009. Total new incorporations in the first three quarters of 2009 declined by 8% as the nation\u2019s economy contracted by 3.7% during the same period, but recovered strongly with a 30% increase when the economy grew by 4.5% in the fourth quarter of 2009. SSM\u2019s temporary reduction of the incorporation fees had served to incentivise the formation of new companies to participate in the various domestic economic activities pursuant to the Government\u2019s RM67 billion economic stimulus package. <!--more--><\/p>\n<p style=\"text-align: left;\"><strong><span style=\"color: #0000ff;\">Registration of new businesses<\/span><\/strong><\/p>\n<p style=\"text-align: left;\">Registration of new businesses with Suruhanjaya Syarikat Malaysia (SSM) in 2009 continued to record a double digit growth of 15.8% year-on-year in spite of the economic contraction. This is chiefly due to the incentive provided by SSM in the form of a temporary reduction in fees for the registration of new businesses. The temporary reduction in fees is further augmented with SSM\u2019s relentless outreach programmes carried out in promoting and facilitating the registration of businesses, namely the Business Registration Mobile Counters (BRMC).<\/p>\n<p style=\"text-align: left;\"><strong><span style=\"color: #0000ff;\">The overall total number of companies incorporated and businesses registered as at 31 December 2009 stands as follows :<\/span><\/strong><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/05\/registered-companies-businesses.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" style=\"background-image: none; padding-left: 0px; padding-right: 0px; display: inline; padding-top: 0px; border: 0px;\" title=\"registered-companies-businesses\" src=\"https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2011\/05\/registered-companies-businesses_thumb.png\" alt=\"registered-companies-businesses\" width=\"450\" height=\"251\" border=\"0\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Incorporation of new local companies The incorporation of new local companies with Suruhanjaya Syarikat Malaysia (SSM) in 2009 dropped marginally by 0.05% compared with 2008 despite the difficult economic conditions in the first nine months of 2009. Total new incorporations in the first three quarters of 2009 declined by 8% as the nation\u2019s economy contracted [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[49,165,11,12],"class_list":["post-545","post","type-post","status-publish","format-standard","hentry","category-ssm-company-registration","tag-company-registration-malaysia","tag-nbc-highlight","tag-ssm","tag-suruhanjaya-syarikat-malaysia"],"_links":{"self":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/545"}],"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\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/comments?post=545"}],"version-history":[{"count":0,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/545\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/media?parent=545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/categories?post=545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/tags?post=545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}