Malaysia Hotline : +603-2141
8908
Malaysia Limited Company can be categorized into two types:
i. Malaysia Private Limited Company
ii. Malaysia Public Limited Company
Malaysia
Private Limited Company :
Malaysia Sendirian Berhad (SDN BHD) is a private
limited company. It prohibits any invitation for the public to subscribe to any
of its shares, deposit money with the company for investment or subscription. The
minimum number of members in a private limited company is ONE (1) and the maximum
is FIFTY (50) ONLY.
Malaysia
Public Limited Company :
Malaysia Berhad (BHD) is a public limited company.
The shares of Malaysia Public Limited Company can be offered to the public for
fixed periods and any other forms of subscription. The minimum number of
members’ (shareholders) is ONE (1) and it can have unlimited amount of members.
Although not necessarily so, public limited companies are usually listed companies.
A public limited company (Berhad) is also governed by the Securities Commission
of Malaysia.
There are two (2) types of limited companies in
Malaysia:
- Limited by Shares
- Limited by Guarantee
Companies
Limited by Shares
Liability of members’ contribution to this company
is limited to the amount specified on their unpaid shares. Should the company
becomes insolvent or goes into liquidation; members are not obligated to pay
off the company’s debts if and unless any one of the members gives a personal
guarantee.
Also, members’ personal assets, employment and
personal income are not liable to any of the company’s debts. This type of
business entity is the most common one in Malaysia.
Companies
Limited by Guarantee
In a limited company’s Memorandum and Articles of
Association, members’ liability is limited to the amount they ‘guarantee’ or
undertake during winding up – In which the amount is specified in the
Memorandum, agreed and signed by all members.
In many cases, companies limited by guarantee are
often registered by non-profit organizations, public societies and clubs.
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Contact us :
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
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Email: mytannet@gmail.com
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