How To Register A Biotech Company

How to register a company in Malaysia? This guide will provide you information regarding how to do an SSM company search via ssm-einfo, how to consummate the official forms to register for a visitor, and where to submit them. This article is written for those who intend to start a Sole Proprietorship or Partnership business in Malaysia only.

• If you lot are looking to register a Sdn Bhd Company, read our article on How to Register Sdn Bhd Company Online in Malaysia.
• If you are a non-Malaysian, read our article on How to Register a Company in Malaysia for foreigners.

Register your ain company in Malaysia is not complicated. Y'all just demand to follow a few uncomplicated steps to get your company registered nether Suruhanjaya Syarikat Malaysia (SSM). First, brainstorm at to the lowest degree three visitor names. Then, check the company name availability. After that, complete the form "BORANG PNA 42" to register for a Company Merchandise Name and the form "BORANG A" to annals your Visitor. Caput to SSM Caput Office and submit the two forms. Remember to bring forth your Identity Card (IC) and RM70 for company registration fees and business info impress-out.

Suruhanjaya Syarikat Malaysia (SSM)

The Companies Commission of Malaysia (Suruhanjaya Syarikat Malaysia or SSM in Malaysia) is a statutory torso which regulates companies and businesses. SSM, which came into functioning on 16 April 2002, is a statutory body formed equally a result of a merger between the Registrar of Companies (ROC) and the Registrar of Businesses (ROB) in Malaysia.

The main action of SSM Malaysia is to serve as an agency to contain companies and register businesses every bit well equally to provide company and business concern information to the public.

As the leading dominance for the comeback of corporate governance, SSM fulfils its function to ensure compliance with business registration and corporate legislation through comprehensive enforcement and monitoring activities to sustain positive developments in the corporate and business concern sectors of the Nation.

SSM online (ssm e-info) is offering the public to buy the financial information and profiles of all companies that registered with SSM Malaysia. You tin acquire more than data from SSM online hither.

Register SSM online vs offline

The company registration can be done through online via Ezbiz Online services at ezbiz.ssm.com.my or manually at any SSM counter in Malaysia. For first-timers, you should exist visiting the SSM counter for the registration. You can consult the friendly officer directly at the counter if yous accept any question. It is besides recommended to employ for the Ezbiz Online services at the counter so that you can renew or modify your business details through the online system afterwards.

You might be interested to read the article on How to Register a Company through ezBiz Online.

Why should I register my online business with SSM?

• The business will become a legally registered entity
• It volition boost your client'south conviction level
• It besides facilitates users to verify business concern data
• The business details submitted volition assist the government to support any development of the business community and prospect.
• Only legally registered businesses will be able to apply for Malaysia Payment Gateway, similar eGHL, iPay88, and more.

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And then, what are the steps to register a Company in Malaysia?

#1. Brainstorm Company Names (at to the lowest degree iii)

Information technology is recommended to become a trade name rather than your own personal proper name for your business. A company trade proper name will look more professional. Y'all will need at least three proper name suggestions to exist written down on the form "Borang PNA 42", although merely one will be approved for each company. A company name should be:

• Remarkable,
• Easy to call up, &
• Relevant to your business

Read the complete guide here: How to get a name for your company

Business organisation name

In that location are differences betwixt a business name and a trade name. A business proper noun is the official name of the person or entity that owns the company. Information technology is your business organisation's legal name. You employ your business organisation name on government forms and applications.

Trade name

On the other manus, the trade name is different from a business'southward legal proper noun. Business owners tin can utilize a trade proper noun for advertising and sales purposes. The merchandise proper noun is the name the public sees, like on a signboard and on your eCommerce shop. It is recommended to utilise a similar term for both concern name and merchandise name to avoid confusion.

#2. Check Company Name availability

Salvage your name search fee by checking the name availability with SSM online system. With a brief view of registered visitor names at SSM registry of companies, yous will have a better thought to make up one's mind your new company name. This motility will avoid using identical existing registered names and minimize the possibility of being rejected past SSM. It also will salvage you from incurring possible additional charges payable to SSM.

SSM Company Name Search Online Arrangement

1. Visit to www.ssm-einfo.my
2. Click on the icon stating "Register"
3. Make full in the "Registration Class", then submit
4. Log in with your username & countersign
5. Under Company & Business Information, click on the icon "Search"
6. Enter your desired visitor name in the box "By Name"
7. Washed! Name search result from SSM will exist displayed!

If your desired proper noun has already been taken, it will be listed down in a table. The search result will be empty if your desired proper noun has non yet been registered with SSM.

You might be interested to read: SSM Company Name Search in Malaysia (Step-by-step Guide)

MYDATA Services

Some other similar website to check your visitor name availability in Malaysia is MYDATA. Visit www.mydata-ssm.com.my to cheque the availability of your desired name in the search bar.

#3. Complete the form "BORANG PNA 42" to register a Visitor Trade Name

Download link

A business organization name represents the identity of the business carried out. A business organisation proper noun tin can be categorized into two types according to Guidelines For New Business Registration:

1. Personal proper name as stated on the identity card is not required to utilize for approval of the business name. For instance, Ruslan bin Mohamed, Siow Ah Thai or, Ramasamy a/fifty Mutusamy.
2. Merchandise Proper name is the proper name of the proposed business and must obtain prior approval from the Registrar of Concern at Suruhanjaya Syarikat Malaysia. For example, Kedai Dobi Mewah, Lucky Star Catering, or ABS Unggul Enterprise.

For Trade Name registration, you need to fill up in the top three desired names for your visitor in the start section of Borang PNA 42, followed by the type or nature of the business organization you are going to operate.

Guide in Bahasa

No business organization shall exist registered by a proper noun which contains any word that is:

• blasphemous or probable to exist offensive to members of the public;
• misleading as to the nature, scope or importance of the business carried on or to be carried on under such name;
• offensive to whatever race or religion.
• … read Rules fifteen, Rules of Business Registration 1957 for more details.

#4. Consummate the form "BORANG A" to annals your Company

Download link

Fill in the details required. The previous course will need to be attached to this grade "BORANG A" if you are registering for a Trade Name.

Guide in Bahasa

Some of import notes:

• The starting appointment of your business "TARIKH MULA BERNIAGA" have to be before the 24-hour interval of registration or on the day itself.
• Under type of business/ "Jenis perniagaan yang dijalankan (Sesuai dengan nama perniagaan yang dicadangkan)", brand certain y'all have a name which is relevant to the products or services that y'all provided.
• For Business Codes, please visit or download this spreadsheet. Business organisation Codes Link

#five. Submit the two forms to SSM Head Office

Accost:
Menara [e-mail protected]
No 7, Jalan Stesen Sentral 5
Kuala Lumpur Sentral
50623 Kuala Lumpur.

Functioning 60 minutes:
Day: Monday – Friday
Service Counter : viii.15 am – 4.15 pm

SSM Contact Middle:
Tel: 03-7721 4000
Fax: 03-7721 4001

SSM General Line:
Tel: 03-2299 4400
Fax: 03-2299 4411
Hotline: 03-2299 4400
East-mail: [electronic mail protected]

You lot can also contact other state offices.

The owner (or all partners) needs to exist present at the counter for registration.

Requirements

• The possessor must be a Malaysian Citizen or Permanent Resident of Malaysia.
• The owner must be aged between 18 years and in a higher place.
• Only possessor/partner allowed making an application.

Caput straight to Level 14 in Menara SSM @ Sentral. Bring the 2 completed forms to the counter for a manual quick check if everything is filled in correctly. Get your Number for Registration purpose. Depends on the twenty-four hour period, it might exist super decorated, you then have to be patient and wait for your plow. Don't forget to bring your identity card (IC) along.

Registration Fees

• Sole proprietorship using personal name as stated on the identity card: RM30.00
• Sole proprietorship or partnership using merchandise name: RM60.00
• Registration of branches: RM5.00 for each branch
• Concern Information Impress-out: RM10.00

The Business Registration Certificate tin be obtained within 1 hour later on payment. The whole process will consume 1 – 2 hours.

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General Information

• Register the business not later than 30 (xxx) days from the date of commencement of concern.
• A new business registration may valid for a period of one (1) year and does not exceed five (5) years on each registration.
• The nature of the registered business should not contravene any laws or likely to be used for unlawful purposes or whatever purpose prejudicial to or incompatible with the security of the Federation, public order or morality.
• Business Registration Certificate tin be obtained inside i (1) hour from the time payment is made.
• A person who carries on business without registering a business organisation commits an offence under the ROBA 1956 and if establish guilty be fined not exceeding RM50,000.00 or imprisonment for a term non exceeding two (ii) years or both.
• Even though businesses have been registered with SSM, business concern owners are responsible to obtain licenses, permits or approval letters from other relevant authorities in society to operate their businesses.

Validity document of registration

Registration of Concern Act 1956 Validity Certificate of Registration Issued Using A4 Paper

Visit SSM online official page for more info: https://world wide web.ssm.com.my/Pages/Home.aspx

How To Register A Biotech Company,

Source: https://www.skeneur.com/register-business-company-malaysia-ssm/

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