Learn more about how to start a business / company in Malaysia and how to operate it properly under the laws of Malaysia. If you're starting up new, the articles are very useful for new business owners too.
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Nowadays, many Malaysians opt to start a business due to plenty of opportunities. Some start a business as a side income, while other passionate entrepreneurs embark on the journey as their primary earning source. Regardless of the reasons, many small businesses are thriving in Malaysia. If you are looking to start a business or already have one, it is a must to register your company with Suruhanjaya Syarikat Malaysia (SSM).
Business owners are busy as a bee – we get that. While managing your company and running essential errands, it might be a little difficult to visit the SSM office and get your business registered. How about SSM online registration? Is it possible to register a company online?
Absolutely yes! Now, you can register SSM online in Malaysia via the EzBiz portal by the Companies Commission of Malaysia (SSM). The process of SSM online registering for a new company is actually not that complicated. Here is a guideline for registering your sole proprietorship and partnership business and kick-starting your company.
Before starting your business, you must first register your company with SSM within 30 days from the business commencement date. It is a statutory body that regulates companies and businesses in Malaysia. Apart from the requirement to register companies and businesses physically at the SSM office, you can also register SSM online via the EzBiz portal.
EzBiz is an official online business registration portal provided by SSM. It allows users and entrepreneurs to register a new business, update changes in business particulars and business termination, among many others. It serves as a simple, quick and hassle-free platform for SSM-related affairs. Undoubtedly, SSM online registration is a better alternative way compared to over-the-counter processing.
Due to the regulation, SSM online registration for a new company in Malaysia is necessary. According to SSM, businesses that need to be registered include every form of trade, commerce, craftsmanship, profession, or activity carried out for profit, with the exception mentioned under the Registration of Businesses Act (ROBA 1956). Furthermore, you need to register your business within 30 days from the date of commencement – which explains the rush.
SSM online registration comes in handy to ensure every business and company to be a legally registered entity. As a matter of fact, only legally registered companies can apply for Malaysia Payment Gateway, such as eGHL, iPay88 and more. Once your business is registered with SSM online, there are plenty of other services offered via the EzBiz portal that is useful for your company.
The aforementioned SSM online registration is only applicable for a sole proprietorship and partnership business in Malaysia. However, SSM new registration online for Sdn. Bhd. company is a bit different. Sdn. Bhd., the abbreviation of Sendirian Berhad, is a private limited company by shares. It is the most common company registration type in Malaysia.
While SSM online registration for sole proprietorship and partnership business is not that complicated, SSM new registration online for Sdn. Bhd. can be a bit of a headache. You can skip through the complicated process with Boss Boleh! Get your new Sdn. Bhd. company registered with SSM, hassle-free. Drop us a message for inquiry.