Minimum one resident director, Minimum one shareholder (Malaysian/Foreigner/Body Corporate), Minimum one Company Secretary who is certified and licensed under the Companies Commission of Malaysia, Minimum capital to be RM1.00

Yes, but at least ONE director must be residing in Malaysia. Visa is needed if you are the sole director of the company and if you are not a Malaysian citizen

One, who also acts as the sole shareholder of the company to register a Sdn. Bhd.

Yes, it is completely legal. Our company secretaries are licensed and complaint with the requirements set by the SSM. Our team of experts will manage the company incorporation for you via MyCoID portal, so you do not have to visit the SSM counter for identity verification purposes.

Changing your business entity is not allowed as they are different in business nature. But we can help you with a smooth transition process.

Yes, all Sdn. Bhd. must appoint a company secretary within 30 days from their date of incorporation.

A director shall be a natural person who is at least 18 years ols, shall not be bankrupt and have not been convicted of an offence in relation to the promotion, formation, management of a corporation, bribery, fraud or dishonesty

The following information are required for incorporation: Company details - Proposed company names with its meaning - Principal business activities of the proposed company - Business address and contacts - Number of shares Paid-up capital information Directors/Shareholders details - Photocopy of all directors and shareholders NRIC or Passport - Latest proof residential address of all directors such as utility bills (if different from NRIC) - Business occupation, email and contact number of all directors and shareholders - Percentage of shareholding of each shareholder

Name reservation submission then incorporation and approval (3 - 5 working days); or Direct Incorporation without name application (1 - 2 working days), subject to approval by the SSM.

After your Sdn. Bhd. is registeres, with Altomate appointed as the company secretary, you will receive an email or you can select "bank account opening" in service request in our platform and choose the bank and fill up the details for account opening. We will prepare all documents required and a banker (of our panel banks) will schedule an appointment with you to open a business bank account.

(i)Appointment of trusted Company Secretary, Auditor and Tax agent (ii)Opening of Bank Account (iii)If you are hiring any employee - register with Employee Provident Fund (EPF) and Social Security Organisation (SOCSO) (iv)Local business licenses or specific industry licenses (v)Income tax file registration is automatic now. We will forward you your company income tax file number once received from the tax office

Sec 68 of the Companies Act 2016 requires the directors to lodge the annual return of a company for each calendar year not later than 30 days from the anniversary of its incorporation date.

Sec 248 of the Companies Act 2016 requires the directors to prepare financil statements within 18 months from the date of incorporation and suc=bsequently within 6 months of the financial year end.

Below are some general tax compliance obligations of a Company: (i)Corporate tax -A Company is required to submit tax estimate (Form CP204) not later than 30 days before the beginning of the basis period (SMEs exempted from first 2 years CP204 filing) -A Company is required to lodge the tax return (Form C), within 7 months from the financial year-end. (ii)Employer tax -A Company is required to file Employer Tax Return (Form E), stating summary of employee remuneration by 31st March of following calendar year (iii)Withholding tax -A Company is required to deduct withhold taxes and remit to the tax office within 30 days, in making certain payments (e.g. royalty, interest and etc) to a non-resident person (iv)Sale and service tax -A Company (a manufacturer or a service provider) is liable to register for SST if providing taxable goods or services, exceeding certain prescribed threshold

With Altomate, you can easily make your request through our platform or app for updating company details or service request for change in director, issue new shares, change company name and etc

Yes, of course! Even with our fully online platform, we believe personal touch and enjoy helping our clients in your entrepreneur journey. Always contact us through call, Whatsapp or email.

Incorporating a Sdn. Bhd. with Altomate, you will get: (i)Name search & availability check. (ii)The registration fee of RM1,010 to be paid to the SSM (iii)Company registration of your Sdn. Bhd. (iv)The certificate of incorporation and relevant incorporation documents (v)Access to the Altomate platform app. (vi)Assistance in opening a bank account.

We have 2 pricing for monthly company secretarial fee: (i)RM100/month, which include: -Licensed company secretary retainer fee -Registered office address and name display -Dedicated client servicing officer -Access to company dashboard (ii)RM200/month, which include: -Licensed company secretary retainer fee -Registered office address and name display -Dedicated client servicing officer -Access to company dashboard -Preparation & submission of annual returns to SSM -Filing of annual financial statement with SSM -All standard board and shareholder resolutions *

To maintain a company, you are required to budget for cost such as: (i)Ad-hoc company secretarial work – issue of preference share, corporate restructuring and etc (ii)Book-keeping cost (iii)Payroll processing cost (iv)Taxation services cost (v)Statutory audit cost

Once you submit your incorporation form and made the payment, the amount paid is strictly non-refundable. If your company has been registered with SSM, you will need to prepare further cost to strike-off/deregister with SSM.

As you enjoy the incorporation at a discounted price of RM999 (instead of usual price RM1,599), you are required to sign up for 2 years contract for company secretarial package with us. In the event if you wish to terminate the contract earlier and transfer to other company secretary, you are required to pay termination charge of RM1,000 for early termination.