To Carry On The Business And To Act As Merchants Companies in Malaysia

Companies in Malaysia are required to carry on the business and to act as merchants. The Companies Act 1965 (Malaysia) sets out the requirements for registration and operation of a company in Malaysia. A company must be registered with the Registrar of Companies in order to carry on business in Malaysia. The registration process is simple and straightforward, and can be done online. Once registered, a company will be issued with a Certificate of Incorporation, which is the company's legal identity.

A company must have at least two directors, a company secretary, and a registered address in Malaysia. A company must also have a common seal, which is used to authenticate documents and contracts.

A company must keep proper books of account, which must be available for inspection by the Registrar of Companies. The books of account must be kept at the registered address of the company.

A company must prepare and file annual financial statements with the Registrar of Companies. The financial statements must be audited by a qualified auditor.

A company must hold an Annual General Meeting (AGM) within eighteen months of incorporation, and thereafter once every calendar year. The AGM must be held at the registered address of the company.

The Companies Act 1965 (Malays