Did You Know You Can Access Your Business Registration & Licensing Information in Just 3 Easy Steps?
The MalaysiaBiz Portal offers a convenient, single-access platform for entrepreneurs to:
- Obtain information on starting a business.
- Register their business.
- Apply for licenses and permits from relevant authorities—all at the click of a button!
Here's how to get started:
- Visit: MalaysiaBiz Portal
- Select 'Business Registration' to know the type of entity you want to establish your business as.
- Select 'Business Licensing' to know what are the licenses/permits required from relevant authorities based on your nature of business and location.
Functions of a Trademark
A trademark serves several important functions for businesses, consumers, and the marketplace. These include:
Brand Identification
- Distinguishes goods or services of one business from those of others.
- Helps consumers identify the source of a product or service.
Consumer Protection
- Assures consumers about the quality, reputation, and origin of goods or services.
- Reduces the likelihood of confusion in the marketplace.
Other General Registration, Licenses And Permits Requirement To Start A Business
| AGENCIES | DESCRIPTION |
|---|---|
| Lembaga Hasil Dalam Negeri (LHDN) | Employer's number, Income tax file number, Form B (OG number) for sole proprietor and partners, Form P (P number) for partnership, Form C (C number) for company, Form PT for LLP, Potongan cukai berjadual (PCB). |
| Employees Provident Fund (EPF) | Employees Provident Fund (EPF) registration. |
| Social Security Organisation (SOCSO) | Social Security Organisation (SOCSO) registration. |
Did You Realize?
The Companies Act 2016, effective from 31 January 2017, introduced key reforms making it easier, simpler, and more cost-efficient for entrepreneurs to incorporate and manage companies.
- Single Individual Incorporation: A company can now be incorporated with one shareholder (individual or corporate) and one resident director.
- Elimination of Authorized Share Capital: Companies are no longer required to declare authorized share capital.
- Streamlined Incorporation Process: Fewer forms; Company Secretary appointment is optional during incorporation (must be completed within 30 days).
- Optional Common Seal: A company may opt out of having a common seal.
- Cost-Effective Company Operations: Private companies can forgo Annual General Meetings (AGMs) by using written resolutions.
- No Par Value for Shares: Simplifies accounting and financial statements.
Membership in the Following Professional Bodies
- Malaysian Institute of Chartered Secretary and Administrators
- Malaysian Institute of Accountants
- Malaysian Bar
- Malaysian Association of Company Secretary
- Malaysian Institute of Certified Public Accountants
- Sabah Law Association
- Advocates Association of Sarawak
OR
- A person licensed by the commission under section 20 G of the companies commission of Malaysia Act, 2001