About Readymade Company In Malaysia
Ready-made companies (also known as shelf companies) are corporate entities that have been fully registered and incorporated under the Companies Act 2016.
Our available companies are incorporated using our own internal capital, promoters, and subscribers. We strictly guarantee that these companies have never carried out any business transactions, accumulated any liabilities, or opened any bank accounts since their date of incorporation.
Ownership of these shelf companies can be transferred immediately to you, allowing you to start your business operations without waiting for the standard SSM registration process.
Every ready-made company was originally registered by a local Malaysian director and shareholder. Upon purchase, the existing directors and shareholders will be completely replaced by your new appointed team, subject to official approval by the Registrar of Companies (SSM).
Once the transfer is complete, you will receive all official statutory corporate documents. Directors can immediately start trading under the existing company name, or request a formal name change to match your corporate branding preferences.
Clients can easily select a company name from our available shelf company list. Our secretarial team will fully manage the restructuring process, including the share transfer lodgment and the formal appointment of your new board of directors.
SHARE CAPITAL STRUCTURE
All our ready-made companies are currently registered with a minimum configuration of 1 to 100 shares only.
BOOKING & RESERVATION POLICY
For your information, all shelf companies can be purchased immediately. However, a specific company name can only be booked for a maximum of 24 hours, and full payment must be cleared to confirm your acquisition
PROCESS
Information
To ensure a compliant and smooth corporate acquisition in Malaysia, all incoming directors and shareholders must meet the following mandatory requirements:
MINIMUM PERSONNEL CRITERIA
At least 1 director and 1 shareholder are required to purchase or establish a company in Malaysia. You must also formally appoint at least 1 licensed Company Secretary.
LEGAL & CRIMINAL CLEARANCE
Directors and shareholders must have no prior criminal records within or outside Malaysia. Incoming directors must not be an undischarged bankrupt.
RESIDENCY & AGE REQUIREMENTS
Every director must be at least 18 years old. Both the directors and the appointed Company Secretary must maintain their principal or sole place of residence within Malaysia.
MANDATORY IDENTIFICATION DOCUMENTS
Provide clear copies of Identity Cards (NRIC) for all Malaysian citizens, or valid passport copies if the incoming directors or shareholders are foreign nationals.
CONTACT & OPERATIONAL DETAILS
Submit the latest residential address in Malaysia, official mobile numbers, active email addresses, and the primary business operational address for all directors and shareholders.
BENEFICIAL OWNERSHIP DECLARATION
Complete and provide the full beneficial ownership details to declare the ultimate owners and stakeholders of the business entity.
STATUTORY DECLARATION FORM
An official Statutory Declaration (Section 201) must be duly signed by all incoming directors and shareholders before the company registration transfer can be executed.
REGISTERED OFFICE MAINTENANCE
The company must maintain a valid registered corporate office address in Malaysia where all statutory books, minutes files, share registers, and the official common seal are legally kept.
COMPANY NAME DISPLAY
The official name of the company must appear in legible Romanized letters, alongside its unique SSM company registration number, on its official seal, letterheads, and corporate documents.
REGISTRY RECORD UPDATES
Directors and shareholders are legally required to notify the Company Secretary immediately of any changes to personal information to allow formal updates to the Companies Commission of Malaysia (SSM).
LICENSED AUDITOR APPOINTMENT
The incorporated company must formally appoint an approved, licensed corporate auditor in Malaysia to perform statutory auditing duties for the company accounts
To open a corporate current bank account for your newly acquired ready-made company, please follow these standardized statutory procedures:
APPOINTMENT & DOCUMENT RETURN
The official appointment of new directors and the transfer of shares, along with all related board resolutions, will be fully managed by our team. All signed documents must be returned to our office via courier or email for official lodgment with the Companies Commission of Malaysia (SSM).
SECRETARIAL DOCUMENT PREPARATION
Our Company Secretary will immediately prepare and certify all the required statutory documents to enable your new company board to initiate corporate bank account operations.
COURIER & COPIES DISPATCH
All official company statutory files will be delivered to you via post or email immediately after we receive your signed documents and the full payment clearance. Original documents will be dispatched accordingly so you can start business operations without delay.
MANDATORY STATUTORY DOCUMENTS FOR BANK SUBMISSION
The following certified true copies (CTC) of statutory documents are strictly required by banks in Malaysia to process a corporate account opening:
• Company Constitution (If officially adopted by the company)
• Section 14 (The official application form for company registration)
• Section 15 (The formal Notice of Registration / incorporation birth certificate)
• Section 201 (Statutory Declaration signed by directors before corporate appointment)
• Section 17 (The official Certificate of Incorporation for private limited entities)
• Section 58 & 236(2) (Official notification of changes and appointment of the first Company Secretary)
• Bank Board Resolution (A formal directors’ resolution signed and authorized to open the current account)
• Original Identification Documents (NRIC for Malaysian citizens or valid Passports for foreign directors)Note: All the above corporate documents must be officially certified true copies (CTC) by our licensed Company Secretary.