Business Vehicles: Sole Proprietorship In one of our earlier posts, we have written about various business vehicles that you can use to conduct your trade. One of them is known as sole proprietorship or also known as sole enterprise. In this post, we will delve further on what sole proprietorship is all about. Sole Proprietorship …
Incorporation Of Company : Commencement Of Business – Part 2 When a company conduct its business, it often enters into various types of legal documents. One of the common legal documents often entered into by companies are contracts. When it comes to company and contract, the effect of such contract against the company is dependent …
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Incorporation Of Company : Commencement Of Business – Part 1 A private company may only commence its business (Also see Incorporation of Company Step 1, Incorporation of Company Step 2, and Incorporation of Company Step 3) upon the issuance of its certificate of incorporation. As discussed earlier, certificate of incorporation is a conclusive proof that the company …
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Incorporation Of Company : Step 3 Certificate Of Incorporation After you have lodged the incorporation documents (See Incorporation Of Company: Step 1 and Incorporation Of Company: Step 2 if you missed the earlier articles), the Registrar of Companies will review the documents and determine whether everything is in order or otherwise. If everything is in …
Incorporation Of Company : Step 2 Incorporation Documents After choosing the name of your company (Refer to Incorporation Of Company: Step 1), you should apply to the Registrar of Companies to reserve the name and pending his approval of the proposed name, you proceed to lodge the incorporation documents with the Registrar. Name Search and …
Corporate Secretarial – Foreigner And Company Law Malaysia is among the country with a liberal foreign investment policy. Generally speaking, there is very minimal restriction on the foreign ownership of a company, save and except for a company trading in an industry where the Malaysia’s public interest is at stake such as energy, water, education, …
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Company Secretary 2 In our previous post Company Secretary 1, we have discussed about the statutory requirement of appointing a company secretary and his appointment, resignation and removal. In this post, the focus shall be on the qualification of a company secretary. Who Can Be Company Secretary? Generally, any natural persons of 18 years old and above …
Company Secretary 1 Under Section 139 of the Companies Act 1965, every company registered in Malaysia must appoint 1 natural person to act as company secretary (Also see Company Secretary 2). The law requires the directors to appoint a company secretary and made it compulsory for the company secretary to be present at the registered …
Corporate Secretarial – Company’s Legal Personality 2 In our previous post, we have made it clear that a company have its own legal personality that is separate from its shareholders from the day it first incorporated. We also stated that shareholders cannot act on behalf of the company unless they are authorised to do so by the …
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Company’s Legal Personality It is common knowledge that a company have its own legal personality separate from its shareholders. In law, a company is a persona ficta, which means it is treated as if it is a person capable of acquiring and holding legal rights and obligations on its own independent from its founder and …
