Technopreneur Blogs

Technopreneur is come from 2 words Technologhy and Entrepreneur. It means a business that using technology as their business model.This term only use by Asian countries especially Malaysia and Singapore.

A foreign company may carry on business in Malaysia by either:
a. incorporating a local company with SSM; or
b. registering the foreign company in Malaysia with SSM.
Foreign company is defined under the CA as:
a. a company, corporation, society, association or other body incorporated outside Malaysia;
or
b. an unincorporated society association, or other body which under the law of its place of
origin may sue or be sued, or hold property in the name of the secretary or other officer of
the body or association duly appointed for that purpose and which does not have its head
office or principal place of business in Malaysia.
Registration Procedures
1. Name Search With SSM And Application For Name
A name search must be conducted to determine whether the proposed name of the company is
available for registration. The steps involved are:
i. Completion and submission of Form 13 A CA (Request for Availability of Name) to SSM; and
ii. Payment of a RM30.00 fee for each name applied.
The name to......

INCORPORATION OF A LOCAL COMPANY IN MALAYSIA
There are three types of companies that can be incorporated under the Companies Act 1965
(“CA”). They are:
• A company limited by shares
• An unlimited company
• A company limited by guarantee
For the purpose of conducting business in Malaysia, the most common type is a company limited
by shares.

COMPANY LIMITED BY SHARES
A company having a share capital may be incorporated as a private company (identified through
the words ‘Sendirian Berhad’ or ‘Sdn. Bhd.’ appearing together with the company’s name) or public
company (identified through the words ‘Berhad’ or ‘Bhd.’ appearing together with the company’s
name). The requirements to form a company are:
i. A minimum of two subscribers to the shares of the company (Section 14 CA);
ii. A minimum of two directors (Section 122 CA); and
iii. A company secretary who can be either:
a. an individual who is a member......