Setup costs
| Item | Usual cost | With C & C |
|---|---|---|
| SSM name search | RM50 | Covered |
| SSM incorporation fee | RM1,000 | Covered |
| Company secretary professional fee | RM300–800 | Waived |
| Registered office address | Varies | Our office, included |
| You pay on day one | RM1,350 or more | RM0 |
The RM0 offer applies when you appoint us as your company secretary. Conditions apply, and we'll tell you the monthly fee before you sign.
Paid-up capital is not a fee
The legal minimum is RM1. This money belongs to your company and stays in its bank account. Some licences, work permits and banks expect a higher amount, so we'll suggest a sensible figure for your plans.
Yearly costs after registration
| Item | Paid to | Cost |
|---|---|---|
| Annual return | SSM | RM150 a year, more if filed late |
| Company secretary | Your secretary | Monthly fee. Ask us |
| Bookkeeping and financial statements | Your accountant | Depends on how many transactions you have |
| Tax return | Your tax agent | Depends on the size of your business |
Other costs you may meet
- Business premises licence from your local council, if you trade from a shop or office.
- Industry licences, for example for food, trading, travel or construction.
- Bank account: no fee to open, but some banks ask for a minimum first deposit.
Cheaper than a Sdn Bhd?
An Enterprise costs RM30 or RM60 a year to register, but you're personally liable for its debts and taxed at personal rates. See Sdn Bhd vs Enterprise.
Register for RM0
We cover the RM1,050 SSM fee and waive our professional fee.