Starting a business means transforming ideas into reality. When you register a new company, you give it a name and make it follow the rules. If you want to start your first company in Malaysia, you must learn what to do, collect the right papers, and follow each step carefully. This blog will show you how to register new business in 2026 the right way.
From picking the right kind of company to doing the jobs after registration, each step helps your business stay strong and clear. Let’s look at how to finish your new company registration without trouble.
When you register a company, you give it a place under the law. Your company becomes real and can work safely. You can open bank accounts, make agreements, and use the right tools for business. If you do not register, your company has no name in the law, and you may face problems.
In Malaysia, the Companies Commission of Malaysia (SSM) monitors all companies. You must use SSM’s online tool, MyCoID, to complete all steps from naming your business to getting your registration number.
Before you begin, you must pick what kind of company fits you best. Here are a few kinds used in Malaysia:
Most small and medium businesses choose this. It enables the company to have its own money and rules, and owners from Malaysia or other countries can set it up. You need one director and one shareholder.
This type is suitable for large businesses. It follows more regulations and is more expensive to operate.
This kind works for one person. It is simple to start, but it does not protect your own money if the company has problems.
This kind of helps people work together in one company. Each person shares the work, the earnings, and the care
To register new company as a Private Limited Company, you must do these things:
These rules help your company stay clear of the law.
Start by picking a name for your company. Go to the SSM MyCoID (online business registration and filing portal) tool and check if your name is free. Make sure it does not look like any other company name and follows the name rules.
After picking a name, pay RM50 to hold that name for 30 days. You can ask for more time later if needed. Hold your name early so no one else takes it.
After your name is ready, you must get your papers in order. You will need:
Write everything clearly and make sure no parts are missing.
After your papers are ready, send them through the MyCoID website. You must also pay the fee, which goes from RM1,000 to RM5,000 based on your capital.
When you finish and get approval, you will receive a Certificate of Incorporation and a company number. Now, your company becomes official in Malaysia.
After you build your company, you still have jobs to do. These tasks help your company work well and follow the rules:
Within 30 days, choose a company secretary who lives in Malaysia and has the right license.
To move money, open a company bank account. You must show your certificate, board paper, IDs, and company paper.
You must register with these groups based on your work:
These steps make sure your company follows all rules.
If you work well and have everything ready, you can finish in 5 to 10 working days:
Good work early helps you move fast.
Opening a company costs money. Below are common prices:
Make a money plan before you start.
People from other countries can register new business in Malaysia as a Private Limited Company. But some types of business need a local partner or a special license. Every foreign-owned company must have one director who lives in Malaysia or has permanent stay.
Stay away from these mistakes:
Be sure about each step before you go to the next.
To register new company in Malaysia, follow every step with care. The right papers, clear choices, and strong planning help your company stand strong and start right. Each part of the process builds your business in a legal and trusted way. No matter where you live, follow each step with understanding, and your company will grow with power and peace.
You can finish everything in 5 to 10 working days if you prepare everything properly.
Yes, a foreigner can open a Private Limited Company in many fields and must choose one local director who lives in Malaysia.
You will spend between RM1,000 and RM5,000 to register and also pay for yearly services like secretaries and accounting.
Yes, every company must pick a licensed secretary who lives in Malaysia within 30 days after registration.
Note: General Cost is added in this blog.
