Text after header


NBC Group offers cheapest ever price for company registration and formation services at only RM1,460 in Petaling Jaya, Malaysia. NBC Group has helped hundreds of our clients for the past 10 years to register a company in Malaysia at RM1,460 only, the lowest cheapest and No. 1 in Petaling Jaya, Malaysia. Sdn Bhd Company registration at RM1,460, the best price in Town and has never been so easy and cheaper.

NBC Group's services include company registration, company formation, company set up, company secretary, shelf company, setting up new company, company audit, income tax, accounting and book-keeping services.

Visit our official webpage at http://www.nbc.com.my/





September 2, 2010

What is Authorised Capital?

What is authorised capital for a company registered in Malaysia? or we are more commonly called it authorised share capital?

Every company need to register its authorised capital upon its incorporation with Suruhanjaya Syarikat Malaysia (SSM). The amount of authorised capital will be stated in the Memorandum of Association of every Company.

It is quite common to see a number of new incorporations is in the form of private limited (liability) company, or Sendirian Berhad (Sdn. Bhd.)

Sooner or not, the concept of authorised share capital will be removed following one of the recommendations proposed by Corporate Law Reform Committee (CLRC) of The Companies Commission of Malaysia in their Final Report – Review of the Companies Act 1965 published in November 2008. However, those recommendations in the Final Report have not coming together with Draft Companies Bill, which is to effect the amendments to the Company Law in Malaysia. We will wait and see when those recommendations will be adopted in company law amendments.

http://www.nbc.com.my/authorised-capital.html

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)