Can we register Sdn Bhd with a minimum of One Person as a Shareholder and Director?

Yes, it's possible to register an Sdn Bhd (Sendirian Berhad) company in Malaysia with only one person as both a shareholder and a director. The Companies Act 2016 allows for single-person companies.

Elaboration:

• Sdn Bhd Requirements: To register an Sdn Bhd, the minimum requirements include at least one director and one shareholder.

• Single Person Company: A natural person can be both the sole director and sole shareholder of an Sdn Bhd.

• Director's Residence: The director must ordinarily reside in Malaysia, meaning they have a principal place of residence in the country.

• Shareholder's Role: The shareholder can be an individual or a corporate entity.

• Director's Responsibilities: Directors are responsible for the day-to-day management of the company.

• No Separate Requirement: There is no requirement for a separate director or shareholder.

• Process: The registration process involves name search, application, payment of fees, and submitting the necessary documents to Suruhanjaya Syarikat Malaysia (SSM) (Companies Commission of Malaysia).

• Benefits of Sdn Bhd: Sdn Bhd companies have limited liability, separate legal entity status, and can have perpetual existence, making them a popular choice for small to medium-sized businesses.

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• MyCoID SSM
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• SSM Section 15 Notice of Registration

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