In general, our
are mainly governed by Malaysia’s Companies Act, 1965. However, in
certain cases, other areas of law could be involved as well. Our
clients above ranges from small, single-person controlled limited
liability company to subsidiaries of listed companies.
For local company formation, there are 2 possible ways, ie. new
incorporation or buying a shelf company. Both have their pros and cons.
- Company Secretary legal compliance
- Company formation (local and offshore)
- Company Strike off under Section 308(2)
As for offshore company formation, the respective countries’ laws
need to be followed. Some popular offshore company destination are
British Virgin Islands, Bermuda, Bahamas, Hong Kong, Singapore, just to
name a few.
Section 308(2) company strike off is to remove the company
registration from SSM. This way of strike off is a more cost effective
and time efficient way to deregister the company. However, the
requirements for deregistration is quite stringent to ensure creditors
and shareholders are duly protected.