We all know that registration of a company is a tedious process but it is not difficult if you have enough knowledge about it. Here are some easy steps that will help you to complete the registration process in a short time.
Start from the beginning
Before you start with the registration of a company, it is very important to understand what the purpose of the registration is. You can start with the registration of a company for personal use or for the business purpose. If you want to register for the personal use, then you need to apply for the individual form and if you want to register for business purpose, then you need to apply for the business form.
Fill the form correctly
The first thing that you need to do is to fill the form completely, if you leave any blank then it will take more time. Once you fill the form completely, submit it and wait for the result.
Make sure that you have enough capital
This is one of the most important tips for registration of a company. If you don’t have enough money, then you can’t start your business. The minimum capital required is RM10,000 and the maximum capital required is RM500,000. So, make sure that you have enough capital to start your business.
Make a business plan
This is another important step for registration of a company. You need to write down all the details of your business and then submit it. It will help you to know where you are going to start your business and also it will help you to keep track of the progress of your business.
Choose the right company name
The name of the company should be unique and short. It should be in the local language or in English. If you have chosen an English name, then you need to make sure that the name is not already taken by any other company.
Conclusion:
So, this is how to register a business in Malaysia. These are the easy steps that will help you to complete the registration process within a short time.