To Carry On Business Of General Merchants Companies in Malaysia
A general merchant company is a type of business entity that is registered with the Companies Commission of Malaysia (SSM). It is a company that is involved in the business of buying and selling goods, and can also provide services.
The company must have at least two shareholders, and a minimum paid-up capital of RM2,000. The company can be registered as either a private or a public company.
A general merchant company is required to appoint at least one director who is a Malaysian citizen. The company must also have a registered address in Malaysia.
The company must maintain proper accounting records, and prepare financial statements in accordance with the Companies Act 1965. The company is also required to submit an annual return to SSM.
The company must have at least two shareholders, and a minimum paid-up capital of RM2,000. The company can be registered as either a private or a public company.
A general merchant company is required to appoint at least one director who is a Malaysian citizen. The company must also have a registered address in Malaysia.
The company must maintain proper accounting records, and prepare financial statements in accordance with the Companies Act 1965. The company is also required to submit an annual return to SSM.
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