Malaysia Hotline: +603- 2141 8908
What is Authorized Capital?
The
Authorized Capital of a company (sometimes referred to as nominal capital) is
defined, at times, as registered capital of a company in Malaysia. This is the
maximum amount of the share capital in which a private limited (“Sdn Bhd”)
company is allowed to issue to its shareholders.
Every
Company needs to register its authorized capital upon its incorporation with
SSM. The amount of authorized capital will be stated in the Memorandum of
Association of every Company.
Registration fee for Authorized Capital
Subject
to the respective registration fee payable to SSM, every Company is allowed to
register any amount of authorized capital, or to increase its authorized
capital at any other time, with SSM.
Why should I increase my company’s paid-up
capital?
Normally,
there are FOUR (4) REASONS where the company may find itself in the situation
whereby it needs to increase its paid-up capital:
1.
Requested by Bank
2.
Project Tender Requirement
3.
License Requirement
4.
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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;
24 hours Hong Kong hotline：86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my