Register your company in Malaysia with Commenda. Easy incorporation, compliance filings, corporate bank account opening and more.
Expanding to Malaysia? We make it as easy as clicking a button (promise)
Let us handle the setup while you focus on growing your business. From registering your entity to obtaining an Irish corporate bank account, we do it all.
Our customers get access to compliance calendars and dashboards to manage it all.
But in truth, we do the boring parts for you. Our experts navigate the complexities of Irish tax and corporate filings, so you can focus on running the show.
The most common choice for startups through enterprise, the Sendirian Berhad grants limited liability protection and high operational freedom.
The most common choice for startups through enterprise, the Sendirian Berhad grants limited liability protection and high operational freedom.
Commenda helps you start your business in Malaysia from anywhere in the world, sitting right at your desk. This starts with incorporating your company at the click of a button. We also support you with compliance filings, corporate bank account opening and more.
Features
Private Limited Company
Limited Liability Partnership
Ownership
Owned by shareholders, (min. 2 resident directors).
Owned by partners. Minimum 2 resident compliance officers.
Raising Capital
Can issue shares to raise equity; suitable for external investors.
Cannot issue shares; relies on partner contributions.
Preferred for
Startups, businesses seeking external funding
Small businesses, professional partnerships
Compliance
Higher compliance with annual filings and audited financials.
Fewer compliance obligations, simple tax filing process.
Taxation
Taxed as a corporate entity.
Taxed at the partner level.
Liability Protection
Limited liability for shareholders.
Limited liability for all partners.
We help you select a unique and compliant name for your entity in Malaysia.
We submit your registration application to the govt, with all the required documents.
We consult and help open a corporate bank account in Malaysia for your business.
Register your business with the Inland Revenue Board for corporate tax and GST (if applicable)
Within 6 months of FY end.
Preparation of financial statements in accordance with Malaysian Financial Reporting Standards (MFRS). The documents include income statement, balance sheet, cash flow, etc.
Annually, within 30 days of registration date.
Every Sendirian Berhad must file an Annual Return with the Companies Commission of Malaysia (SSM). This includes details of shareholders, directors, company secretary, registered office, etc.
Within 7 months of FY end.
Specifically called Form C, companies must file a corporate tax return with the Inland Revenue Board of Malaysia (LHDN). This includes a declaration of taxable income, allowable deductions, and applicable tax credits for the financial year.
Annually, within 30 days of registration date.
Businesses meeting the revenue threshold must register for GST or SST, depending on tax regulations. While Malaysia transitioned from GST to SST in 2018, some industries may still require periodic updates. These returns involve declaring output tax collected from customers and claiming input tax credits.
15th of the month after salary payment.
Companies with employees must deduct and remit contributions to the Employees’ Provident Fund (EPF) and the Social Security Organisation (SOCSO). They must submit employee deductions for retirement and social security.
No. Commenda will help you open an entity in any of our available markets 100% remotely – you don’t have to travel anywhere to run a global business.
The Commenda Marketplace hosts all of the services you need to get your business started in a new market.
You can find everything from accountants and lawyers to banking and payroll platforms.
Plus, Commenda will source new providers for your business if you can’t find it on the marketplace.
Commenda has a comprehensive vetting process to ensure our accountants are top-notch.
Commenda Accounting Partners are trained and onboarded to CommendaOS, meaning you can manage your service providers in every country from a single platform.
When it comes to service providers like accountants, we do the legwork so you can focus on growing your business worldwide.
Global tax, audit, governance, and HR compliance is a complicated issue–there are massive companies dedicated to managing compliance in single markets.
As a business user, it’s important to see your global footprint to know when it is time to establish a permanent operation in a new market, manage compliance risks, and keep all of your entities in good standing with local governments.
Every US business is by default cross-border: each of the 50 states has its own business registration process, taxes, and regulations.
Commenda helps your US business monitor your business’ exposure, calculate sales tax, and file year-end taxes in all 50 states.