Direct call the secretary at 013-3978838


Frequently Asked Questions

  1. WHAT IS THE BENEFIT OF LIMITED LIABILITY/SDN BHD?

  2. CAN I FORM A LIMITED COMPANY AND LEAVE IT DORMANT UNTIL I WISH TO TRADE?

  3. WHAT OFFICIAL DETAILS AND PERSONNEL DO I NEED IN ORDER TO FORM A LIMITED COMPANY?

  4. WHAT OTHER SERVICES CAN DOUBLE YOU MANAGEMENT PROVIDE?

  5. WHAT ARE THE COSTS INVOLVED?

  6. HOW LONG WILL IT TAKE?

  7. WHAT DO I GET FOR MY MONEY?

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WHAT IS THE BENEFIT OF LIMITED LIABILITY/SDN BHD?

Limited Liability/ BHD protects the owner of a Limited Company from personal loss as the company is a separate entity and hence has its own profits and debts - i.e. any debts incurred would be the company's debts and not the individuals. This is unlike the owner of a business as his business debts would in fact be his personal debts.

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CAN I FORM A LIMITED COMPANY AND LEAVE IT INACTIVE UNTIL I WISH TO TRADE?

Yes, once the company is formed and the Directors/Secretary are in place, the company can remain dormant until you need it. However, on the anniversary of its incorporation your company must file an annual return and financial report/accounts with SSM. You must also remember to keep SSM informed of any changes within the infrastructure of the company as they happen e.g. if there are changes in Directorship, Shareholding, or Registered office. This requirement is also the same for companies that are trading and we can assist you with these ongoing matters.

 

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WHAT OFFICIAL DETAILS AND PERSONNEL DO I NEED IN ORDER TO FORM A LIMITED COMPANY?

To form your company, the minimum requirements are as follows:- You will need at least 2 directors and one company secretary and at least 2 shareholder, a registered office address (or it can be your home address although, by law you must display a company nameplate at the premises). We can supply a company secretary and our prestige registered office address.

 

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WHAT OTHER SERVICES CAN DOUBLE YOU MANAGEMENT PROVIDE?

DOUBLE U MANAGEMENT are able to provide a variety of services for the set up and maintenance of your company. These services include acting as your registered office, acting as your company secretary, providing computerised accounting services, business consultancy, applying for registration with MOF, PKK & CIDB, Auditing, Tax Advisorry, Preparation of company profile, Apply for business loan, website design & development, obtaining domain names etc. Please do not hesitate to contact us for further details.

 

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WHAT ARE THE COSTS INVOLVED?

To set up a new company RM1990/-(all inclusive) or to purchase one of our brand new readymade companies cost RM2490 (all inclusive).

 

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HOW LONG WILL IT TAKE?

To form a new company takes 5 working days, our readymade companies are available immediately.

 

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WHAT DO I GET FOR MY MONEY?

The cost includes all formation fees and expenses and minute book, register book, share certificate, common seal, 5 copies of the memorandum and articles of association, the certificate of incorporation, we complete the company register, director and secretary forms, share transfer and issue forms, the company seal and minutes plus any extras as required.


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Copyright 2006  [double you management]. All rights reserved.
Revised: 01/17/11.