The Ultimate Guide on How to Check Registered Company in Malaysia
As a law enthusiast, I have always been fascinated by the legal intricacies of business operations and company registrations in Malaysia. The process of checking the registration of a company is an essential step in due diligence, whether for business partnerships, investments, or simply to ensure legitimacy. In this post, I will delve into the various methods and resources available for individuals to verify the registration status of a company in Malaysia.
Methods to Check Registered Company in Malaysia
There are several avenues through which individuals can verify the registration of a company in Malaysia. Include:
| Method | Description |
|---|---|
| Companies Commission of Malaysia (SSM) Website | The Companies Commission of Malaysia (SSM) provides an online search portal where individuals can input the company name or registration number to obtain its registration status, company information, and financial reports. |
| Public Registry Offices | For certain specific types of companies, such as foreign-owned, individuals may need to physically visit the relevant public registry office to verify the registration status. |
| Third-Party Service Providers | There are also third-party service providers who offer company verification services for a fee, providing comprehensive reports on a company`s registration status, financial standing, and compliance with regulations. |
Case Study: The Importance of Verifying Company Registration
One the notable case that the of checking the registration of a company is the scandal. The surrounding the investment fund shed on the of due and emphasizing the role of verifying company registrations to fraudulent and conduct.
Statistics on Company Registration in Malaysia
According to the Companies Commission of Malaysia (SSM), the number of registered companies in Malaysia has been steadily increasing over the years. As 2021, over 1.2 million active registered companies in the country, encompassing various industries and sectors.
Verifying the of a company is an aspect of dealings and compliance. With the multitude of resources and methods available, individuals can conduct thorough checks on the registration status and legitimacy of companies in Malaysia. By these tools, can informed and the risks with or entities.
Unveiling Company Registration in Malaysia: Your Burning Questions Answered!
| Question | Answer |
|---|---|
| 1. Can I check if a company is registered in Malaysia? | Of course! The Companies Commission of Malaysia (SSM) offers an online search service where you can verify the registration status of a company. It`s fantastic for and alike. |
| 2. What information can I obtain from the company search? | When you conduct a company search, you can access details such as the company`s name, registration number, date of incorporation, and registered address. |
| 3. Is there a fee for checking company registration? | Yes, there is a nominal fee for accessing company information through the SSM online search service. It`s small to for peace of and information. |
| 4. Can I request for official documents from the SSM? | Absolutely! You can obtain official documents such as the company profile and financial statements from the SSM. Documents provide insights for due purposes. |
| 5. Are there any restrictions on who can perform a company search? | No here! Can a company search in Whether a investor, partner, or individual, have right to company information. |
| 6. Can I verify the authenticity of official documents obtained from the SSM? | Absolutely! SSM provides verification for official allowing to their and reliability. It`s crucial in the of the information. |
| 7. What should I do if I encounter discrepancies or irregularities in the company information? | If come discrepancies or essential to with legal to the and potential of action. And are paramount in dealings. |
| 8. How frequently should I perform company searches for due diligence? | It`s to regular company as of due efforts, when business or Staying and is in the business landscape. |
| 9. Can I access historical records of a company`s registration information? | Absolutely! SSM historical of company registration allowing to the and in a company`s over time. It`s a treasure trove of insights. |
| 10. What are the potential implications of conducting thorough company checks? | Thorough company empower and to informed mitigate and their It`s proactive that prudence and diligence. |
Contract for Checking Registered Companies in Malaysia
This contract is into on this [Date] by and the to the for of guidelines on how to check companies in Malaysia.
| Clause | Description |
|---|---|
| 1 | Under Companies Act 2016, can about companies in Malaysia through Companies Commission Malaysia (SSM). |
| 2 | Section 58 of the Companies Act 2016 provides for the public inspection of the register of company information kept by the SSM, which includes details of company directors, shareholders, and financial statements. |
| 3 | Access to SSM`s portal allows to a company name search, view profiles, and company for specified as per SSM`s guidelines. |
| 4 | Individuals required to with Data Protection Act 2010 and SSM`s and when and using company for purposes. |
| 5 | Any use or of company obtained from SSM`s may in consequences, but not to and as per of Malaysia. |
In whereof, the have this as the and first above written.