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Basic Requirements of Directors of Malaysia Limited Company

Update Date:2018-11-29 17:32:55 Source:Tannet (Malaysia) Sdn Bhd Views:977

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A company director is a member of a permanent establishment of a company that represents the company externally and performs business internally. The person holding the position of director can be a natural person. In addition, the company's directors will be dismissed in these cases, such as: violation of the shareholders' meeting resolutions; share transfer and resignation; other circumstances such as dissolution or death of directors, bankruptcy of the company, loss of directors' ability to act. However, the director of Malaysia Limited Company is required to provide more than one director, who can also serve as a shareholder. At least one director must be a Malaysian resident or a foreigner holding a visa for Malaysia for more than six months.


1.   Requirements of Directors of Malaysia Limited Company

i.      Act as a person, not a company or an organization;

ii.     Above 18 years old;

iii.    Do not have mental disability;

iv.    Person who have not lost their qualifications under the law.


2.   Those who are involved in the following matters cannot become directors:

i.      A person who is under bankruptcy

ii.     A person convicted of a crime in establishing or managing a company

iii.    A person imprisoned for more than three months for fraud or dishonesty



3.   Procedures of Malaysian Company Registration

Fill in the Assignment Form → Sign the Agreement → Make payment → Register the name of the Malaysian

company → Sign the application document → Submit to the government departments → Get the full set of

company information → Open the company bank account in person in Malaysia


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