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Type of Company


 All companies must be registered with the Registry of Companies, Ministry of Finance.

 WHAT IS A COMPANY?

A company is a business entity that is registered under the Companies Act, Chapter 39. It has a legal personality which means that it has the right to own properties, have a perpetual succession and can sue or be sued in its own name. It is identifiable with the word "Sendiran Berhad" or "Sdn Bhd‟ and "Berhad" or "Bhd‟.


 A company must have at least two (2) shareholders and at least two (2) directors.


WHAT ARE THE TYPES OF COMPANY?

Type of Companies
Definition
​Private Company
​Up to 50 or fewer shareholders and restricted in share transfer
​Public Company
​Has more than 50 shareholders and can offer shares and debentures to the public
​Foreign Company
​A branch of Foreign company registered in another country