Sdn Bhd Registration Cost
You need to pay minimum filing fee of rm1 000 to ssm when registering new sdn bhd company.
Sdn bhd registration cost. Follow the process and cost of limited company registration malaysia as a foreigner. Customers shareholders and even financial institutions consider sdn bhd companies to be a reliable entity. By mica lee founder accounting company secretary and compliance doing business march 22 2020 as a company secretary i always get questions like. All banks government departments will look at the level of paid up capital and ignore the amount of authorised capital registered in a company.
It takes only 20 minutes to submit the incorporation form and 3 5 working days to receive the notice of registration subject to ssm approval. Always updated receive push notifications regarding the status of your incorporation. Sdn bhd registration cost has to be considered as it is the government fees. Company registration fee for sdn bhd get your company registered with ssm from the comfort of your home.
An sdn bhd company secretary will attend to many tasks of the company at a fee. Audit fee rm1 200 rm3 500 tax filing fee rm1 000 rm2 500 book keeping rm2 400 rm9 000. It is important to know the yearly charges to be spent on maintaining a sdn bhd company before making decision to register sdn bhd company in malaysia. We recommend to be two shareholders to make easier decision.
There are some other costs that have to be added to collect additional company registration paperwork. Procedures for private limited company sdn. First of all every company sdn bhd needs to hold an agm annual general meeting every year. Our main discussion about register a company under foreign investment.
How much is the yearly cost for a sdn bhd how much is the pricing for secretarial fees how much is the accounting fees how much do i need to budget for audit and tax services. The initial start up cost is higher than of a sole proprietorship company. One has to count rm1000 plus and less than 1100 ssm charge as registration cost. Company domain registration and one year email hosting services will be provided to your company with 100gb ssd storage space and 100 host domains.
The filing fee is actually paid for the registration of rm400 000 authorised capital. But sdn bhd companies have a better reputation in the corporate world of business. To form sdn bhd company need at least one shareholder. You are required to submit annual.