Things to Consider When Registering a Private Limited Company (Sdn. Bhd.)
When establishing a Private Limited Company (Sdn. Bhd.), you must be aware of financial reporting obligations, costs, responsibilities, and procedures.
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1️⃣ Financial Reporting & Fees 📊💰
Your company is required to submit the following reports:
📌 Annual Return – A yearly report to SSM detailing your company’s structure and status.
📌 Audit / Audit Exemption –
• Audited Financial Statements are required unless you qualify for an audit exemption (e.g., dormant or small companies).
📌 Form E – Employer's tax return declaration (mandatory if you have employees).
📌 Form C – Corporate income tax return submission to LHDN.
📌 Form CP204 – Estimate of tax payable, which must be submitted within three months from the start of your financial year.
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2️⃣ Responsibilities & Procedures ⚖️📑
After company registration, directors must be aware of their responsibilities to avoid legal risks!
✅ Understand if Your Company Qualifies as a Private Exempt Company
• If a company meets certain criteria, it may be exempt from audits.
✅ Directors' Responsibilities
• Ensure the company complies with Malaysia's Companies Act 2016.
• Maintain proper financial records.
• Submit statutory filings on time.
• Avoid fraudulent or negligent actions, as directors can be held personally liable in certain cases.
✅ Directors' Resolutions
• Certain company decisions require formal resolutions, such as appointing auditors, issuing shares, or approving major transactions.
✅ Closing a Company (Winding Up)
• If you plan to deregister or wind up the company, proper legal procedures must be followed.
• Failure to close a company properly may result in legal and financial consequences for directors.
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📌 Key Takeaway: Running an Sdn. Bhd. involves legal, financial, and operational responsibilities. Understanding your obligations ensures compliance and avoids penalties.
注册私人有限公司（Sdn. Bhd.）需要注意的事项
财务呈报以及费用
首先，您必须要知道财务呈报及其费用，需呈报的报表有：
- Annual return
- Audit / Audit Exemption
- Form E
- Form C
- Form CP204
责任以及程序
在成立有限公司后，您所承担的责任以及程序也是相当的重要。您要知道自己的公司是否属于Private Exempt Company。另外，董事（Director）需要知道自己的责任包含了什么。如果董事不清楚自己的责任是什么，则会存在很大的风险！董事决议（Directors Resolution）以及关闭公司时也需要注意相关的事项。
Based in Kuala Lumpur, Malaysia, DSA & KW FONG offers one-stop corporate services for both local and international clients, making business registration to operations seamless. We provide strong support to help entrepreneurs thrive in the dynamic market.
Posted by DSA Corporate Secretarial Services Sdn Bhd on 1 May 25
Malaysia
