10/09/2026
Foreign Applicants Incorporating a Malaysian Private Limited Company
Malaysia Sdn. Bhd. | Application & Compliance Requirements
【Important Notice | Please Read Before Applying】
Foreign applicants who wish to incorporate a Malaysian Private Limited Company (Sdn. Bhd.) must comply with the director residency requirements under Malaysia’s Companies Act 2016.
For foreign clients, our application acceptance and compliance review generally require the client to have one of the following appropriate arrangements:
① Independently Arrange an Individual Who Meets Malaysia’s Resident Director Requirements
If the client appoint a Malaysian local individual as a Nominee Director / Local Director, the client must arrange the relevant director independently.
Important Notice:
As a licensed company secretarial service provider, our firm does not provide Nominee Director services, nor do we source or arrange nominee directors on behalf of clients.
OR:
② Foreign Applicant Holds an Applicable Malaysia My Second Home (MM2H) or Other Eligible Long-Term Residence Status
If the applicant personally holds MM2H or another Malaysian long-term residence status, please provide the relevant supporting documents for our review to determine whether the applicant’s actual residency circumstances and director eligibility satisfy the applicable requirements.
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【Foreign Shareholders | Two Identity Verification Requirements】
To comply with company incorporation, KYC / CDD, and client identity verification procedures, foreign shareholders are required to complete the following two identity verification procedures:
01 | Self-Recorded Video Holding Passport
The applicant is required to:
Record a video of himself/herself holding a valid passport (Self-Recorded Verification Video).
During the recording, please ensure:
Applicant’s face is clearly visible + Passport information page is clear and readable
Please do not use beauty effects, filters, or any other image-processing functions that may interfere with identity verification.
02 | Photo Holding Identity Card
The applicant is required to provide:
One front-facing photo of himself/herself holding the front side of the Identity Card
Photo requirements:
• The applicant’s face must be clearly visible from the front.
• Hold the Identity Card close to the camera and ensure all information is clear and readable.
• The text and photo on the Identity Card must appear in the correct orientation and must not be horizontally reversed.
• Please disable Mirror Mode on the mobile phone.
• Do not use beauty effects, filters, or digitally modify the Identity Card image.
The information provided will be used for client identity verification and company incorporation compliance procedures.
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【After Company Incorporation | Preparation for Corporate Bank Account】
Once the company has successfully completed its SSM incorporation, the next stage is to prepare for:
Corporate Bank Account Opening
Before proceeding with the bank’s account-opening review, under our bank account preparation process, the client will need to prepare documents that can demonstrate the company’s genuine business operating location, such as:
Business Premise Tenancy Agreement
or
Office Tenancy Agreement
The client should also prepare any other KYC / Business Supporting Documents that may be required by the bank.
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【Limited Budget | Affordable Office Options】
Foreign entrepreneurs who are just starting their businesses and have a limited budget do not necessarily need to rent a large office at the beginning.
Depending on the actual business model and the bank’s review requirements, the client may consider:
Small Office
Shared Office / Serviced Office
Commercial Space Suitable for the Actual Business Operations
The key principle is:
The business address and tenancy arrangement must be genuine and consistent with the company’s actual business activities.
It is not advisable to create a false tenancy agreement or use a non-existent business premise merely for the purpose of opening a corporate bank account.
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【Important Reminder】
Successful Company Incorporation ≠ Automatic Approval of a Corporate Bank Account
Corporate bank account opening is subject to the bank’s independent:
KYC / AMLA / Risk Assessment
and final approval remains subject to the bank’s internal policies and compliance requirements.