A company in Malaysia has 30 days from its incorporation to appoint a natural person who is a citizen or permanent resident in Malaysia as company secretary. This person must be a member of a professional body prescribed by the Companies Act 2016 (CA 2016) or hold an individual license issued by the Companies Commission of Malaysia. The company secretary must also register with the Registrar of Companies (ROC).
A company regulated by the CA 2016 is also required to notify the ROC of changes to its particulars within an established timeframe, 14 days if there is a change in registered office, directors or nature of business, 5 days if there is a change in substantial shareholding, etc. Companies in breach of their statutory obligations can face heavy fines and prosecution.
Every company is required to maintain statutory records and registers in compliance with the CA 2016, including a register of option holders, register of members, register of directors, managers and secretaries, etc.
We work with our clients to ensure that their companies meet deadlines and remain compliant at all times with the statutory requirements, freeing up their time to focus on growing their business, realising their projects and achieving their goals.
We have relied on Alpadis Group to provide us with corporate services and they have never failed to perform, going above and beyond our needs. They are very proactive, solution-oriented and have in-depth knowledge of doing business in the region.Liam Ross Finance Director, Thurlestone Shipping Group
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