Thursday, September 22, 2011

[kl-bogel] How to Register a Business or Company via Internet?

http://1-million-dollar-blog.com/how-to-register-a-business-or-company-via-internet/
SSM

According to "Registration of Businesses Act 1956 (Act 197)" business or company owner is required to register his business not later than 30 days from the date of business commencement.

The fastest way to register a business or company is by visiting "Suruhanjaya Syarikat Malaysia (SSM)" office nationwide. If for any reason, you want to do it via internet you can use the following procedure. (Note :- The steps below is only the summary. Details explanation which includes screenshots will be posted in subsequent articles).

Register a Business

  1. Register for SSM e-account.
  2. Register with myGovernment as PSP (Public Service Portal) user
  3. Subscribe to "SSM Subscriber Registration"
  4. Apply for Business Name Approval (ROB)
  5. Registration of Business (ROB)

Register a Company

  1. Register for SSM e-account.
  2. Register with myGovernment as PSP (Public Service Portal) user
  3. Subscribe to "SSM Subscriber Registration"
  4. Apply for Availability of Name (ROC)
  5. Incorporation of Local Company (ROC)

As explain above, the fastest way to get it done is by visiting "Suruhanjaya Syarikat Malaysia (SSM)" office nationwide. Online application is rather long because each step take sometimes to get approved.

Comparatively, below is the time taken to register at SSM office.

Business Registration

Approval of business name :- 1 hour
New business registration :- 1 hour
Renewal of business registration :- 15 minutes
Registration for termination of business :- 15 minutes
Registration of changes in registered particulars of business :- 1 hour

Company Registration

Approval of company name :- 1 day
Incorporation of a new company :- 1 day
Conversion of status :- 1 day
Change of company name :- 1 day
Commencement of business for public companies :- 1 day
Registration of charge :- 2 days
Approval of a trust deed :- 5 days
Registration of prospectus :- 3 days
Supply company/business information via computer printout :- 30 minutes
Uncertified copy of company documents :- 30 minutes
Certified copy of company documents :- 1 hour


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