Private limited company (Sendirian Berhad, Sdn. Bhd.) Sdn BhdMalaysia
What it takes to form, own and run a private limited company in Malaysia, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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(b) one or more members, having limited or unlimited liability for the obligations of the company;
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Private company - at least one (1) director who ordinarily resides in Malaysia
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Essential requirements of a company 9. A company shall have— (a) a name; (b) one or more members, having limited or unlimited liability for the obligations of the company; (c) in the case of a company limited by shares, one or more shares; and
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Company with paid up capital not more than RM2.5 million and gross business income of not more than RM50 million On first RM150,000 (15%) RM150,001 to RM600,000 (17%) RM600,001 and Subsequent Balance (24%) Company other than the above category (24%)
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Yes
What it takes to form
- A notary
- Not stated
The registry’s and the law’s own pages do not mention it.
- A resident director
- Required
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- At least 1 · one must live there · individuals only
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Private company - at least one (1) director who ordinarily resides in Malaysia
- Shareholders
- At least 1 · at most 50 · a company may be one
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(b) one or more members, having limited or unlimited liability for the obligations of the company;
- Members
- At least 1 · at most 50 · one person may form it alone
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(b) one or more members, having limited or unlimited liability for the obligations of the company;
- A local company secretary
- Required
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Company secretary must be appointed within 30 days after the incorporation of the company.
- A local registered agent
- Not required
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A company shall at all times have a registered office in Malaysia to which all communications and notices may be addressed.
Each year, at the registry
- Annual registry fee
- MYR 150 (about €33)
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Lodgement of annual return under section 68 of the Act: (a) private company (b) public company 150.00 500.00
- Accounts on the public record
- Yes
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(a) inspect any document filed or lodged with the Registrar not being a document that has been destroyed
- Audit for a small company
- Not required
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a private company qualifies for audit exemption if it fulfils at least two (2) of the following criteria:
- Audit
- Financial statements are required to be audited; companies meeting the qualifying criteria may be exempted from audit (SSM comparison of business entities).
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FS is required to be audited.
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the Sdn Bhd are in our records.
What is public
- Directors
- Public
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(a) inspect any document filed or lodged with the Registrar not being a document that has been destroyed
- Shareholders
- Public
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(a) inspect any document filed or lodged with the Registrar not being a document that has been destroyed
- Beneficial owners
- To the authorities only
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(a) inspect any document filed or lodged with the Registrar not being a document that has been destroyed
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Varies · 15–24%+1 regime
Resident company: 24% on chargeable income; a company with paid-up capital of not more than RM2.5 million and gross business income of not more than RM50 million pays 15% on the first RM150,000, 17% on RM150,001 to RM600,000 and 24% on the balance (Year of Assessment 2023-2024 table). Eligibility conditions beyond those two limits (shareholding restrictions) are in LHDN Public Ruling 8/2025, not read.
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Company with paid up capital not more than RM2.5 million and gross business income of not more than RM50 million On first RM150,000 (15%) RM150,001 to RM600,000 (17%) RM600,001 and Subsequent Balance (24%) Company other than the above category (24%)
Special regimes that may apply
- Labuan business activity tax — Labuan trading activity free zone · 3%
Labuan entities carrying on a Labuan business activity which is a Labuan trading activity Labuan Business Activity Tax Act 1990 (Act 445), section 4, as amended by Act A1614 and Act 833
Whether a company qualifies depends on its activity and conditions set in each statute.
- CFC rules in Malaysia
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Striking off: a director, member or liquidator applies to the Registrar (s.550); after a 30-day notice the Registrar may strike the company off and publishes the name in the Gazette, on which the company is dissolved (s.551). Winding up is the other route.
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Subject to section 549, the Registrar may strike a company off the register either on his own motion or upon an application by a director, member or liquidator of the company.
- Statutory fee
- MYR 100 (about €22)
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27. Application to strike off company from register under section 550 of the Act 100.00
Every business in Malaysia
Sales and consumption tax
- The tax
- SST (Sales and Service Tax)
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Rate of tax is amended to :- 6% (1 Sept 2018 – 29 Feb 2024) 8% (Start 1 Mac 2024) except F&B, Parking, Logistic & Telecommunications – 6%
- Standard rate
- 8%
Service tax is 8% from 1 March 2024, and 6% for food and beverage, parking, logistics and telecommunications. Sales tax on taxable goods is 10% unless the goods are listed for 5% or exemption; a foreign provider of digital services charges 6%.
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Rate of tax is amended to :- 6% (1 Sept 2018 – 29 Feb 2024) 8% (Start 1 Mac 2024) except F&B, Parking, Logistic & Telecommunications – 6%
- Other rates
- 6% Service tax on food and beverage, parking, logistics and telecommunications services, and on digital services supplied by a foreign registered person
- 5% Sales tax on goods listed in the Sales Tax (Rate of Tax) Order 2025
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Rate of tax is amended to :- 6% (1 Sept 2018 – 29 Feb 2024) 8% (Start 1 Mac 2024) except F&B, Parking, Logistic & Telecommunications – 6%
- Registration threshold
- MYR 500,000 · about €109,068
sales value of taxable goods for sales tax; service tax thresholds are set per service group, and a foreign digital service provider registers above RM500,000; 12 months
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Taxable goods manufacturers are required / liable to be registered when; SALES VALUE OF TAXABLE GOODS has exceeded RM500,000 for 12 months period
- Voluntary registration
- Yes
A manufacturer of taxable goods below the RM500,000 threshold may register voluntarily under section 14 of the Sales Tax Act 2018.
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Voluntary registration is permitted under Section 14 of the Sales Tax Act 2018, provided that you are engaged in the manufacturing of taxable goods and the total value has not reached the threshold amount of RM500,000.00.
- A foreign company
- The same threshold applies
A person outside Malaysia supplying digital services to consumers registers with the Royal Malaysian Customs Department once the value of those services passes RM500,000, and files for a three-month taxable period. Nothing read states whether a representative must be appointed, and the position for a foreign supplier of services other than digital services is not stated on these pages.
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A Foreign Service provider is liable to be registered if his total value of digital services provided to consumer has exceeded the prescribed threshold of Ringgit Malaysia five hundred thousand.
- Returns filed
- Depends on the business
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Returns must be filed once every two months (according to the taxable period).
- Tax authority
- Registration page read 2026-10-22
Payment and banking services
3 services name Malaysia on their own list: Paysera, Airwallex, Stripe. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Private limited companyDerived our grouping, the same words in every country
- Name in law
- Private limited company (Sendirian Berhad, Sdn. Bhd.) (Sdn Bhd)
- ISO 20275 code
- XEOVSecondary GLEIF, Entity Legal Forms code list