Nowadays, many Malaysians opt to start a business due to plenty of opportunities. Some start a business as a side income, while other passionate entrepreneurs embark on the journey as their primary earning source. Regardless of the reasons, many small businesses are thriving in Malaysia. If you are looking to start a business or already have one, it is a must to register your company with Suruhanjaya Syarikat Malaysia (SSM).
Business owners are busy as a bee – we get that. While managing your company and running essential errands, it might be a little difficult to visit the SSM office and get your business registered. How about SSM online registration? Is it possible to register a company online?
Absolutely yes! Now, you can register SSM online in Malaysia via the EzBiz portal by the Companies Commission of Malaysia (SSM). The process of SSM online registering for a new company is actually not that complicated. Here is a guideline for registering your sole proprietorship and partnership business and kick-starting your company.
What is SSM Registration?
Before starting your business, you must first register your company with SSM within 30 days from the business commencement date. It is a statutory body that regulates companies and businesses in Malaysia. Apart from the requirement to register companies and businesses physically at the SSM office, you can also register SSM online via the EzBiz portal.
EzBiz is an official online business registration portal provided by SSM. It allows users and entrepreneurs to register a new business, update changes in business particulars and business termination, among many others. It serves as a simple, quick and hassle-free platform for SSM-related affairs. Undoubtedly, SSM online registration is a better alternative way compared to over-the-counter processing.
Why Do You Need SSM to Register a New SDN BHD Company in Malaysia?
Due to the regulation, SSM online registration for a new company in Malaysia is necessary. According to SSM, businesses that need to be registered include every form of trade, commerce, craftsmanship, profession, or activity carried out for profit, with the exception mentioned under the Registration of Businesses Act (ROBA 1956). Furthermore, you need to register your business within 30 days from the date of commencement – which explains the rush.
SSM online registration comes in handy to ensure every business and company to be a legally registered entity. As a matter of fact, only legally registered companies can apply for Malaysia Payment Gateway, such as eGHL, iPay88 and more. Once your business is registered with SSM online, there are plenty of other services offered via the EzBiz portal that is useful for your company.
How to Online Register SSM in Malaysia for SDN BHD?
Create EzBiz Account:
- Go to EzBiz Portal.
- Click Sign Up for first-time users.
- Choose NRIC as the ID Type, key in your Identity Card (IC) number and fill in your name as per IC. Click Register.
- Fill in the required details as instructed. Tick at the Declaration part and click Save.
- You will receive a notification via email, along with a reference number.
- You will have to visit the nearest SSM office for one-time ID verification.
- After the verification, you will receive a notification via email that your EzBiz account is successfully activated.
SSM Business Online Registration:
- Login to your account on here.
- Select My Business Services. Under New Business Registration, click New Business.
- Fill in the required details about your business.
- Once complete, make the payment according to your preferred method.
- After the payment is successful, you will receive a confirmation notification from SSM.
SSM New Registration Online for SDN BHD in Malaysia
The aforementioned SSM online registration is only applicable for a sole proprietorship and partnership business in Malaysia. However, SSM new registration online for Sdn. Bhd. company is a bit different. Sdn. Bhd., the abbreviation of Sendirian Berhad, is a private limited company by shares. It is the most common company registration type in Malaysia.
Steps to Register SSM for Sdn. Bhd.
- Account registration on MyCoID portal.
- ID verification and account activation at the nearest SSM counter.
- Upon account activation, you will receive MyCoID portal login credentials via email.
- Click Direct Incorporation Application. Under Name Search, insert your proposed company name and click Search for company name availability. If the name is available, fill in other required details and click Submit.
- You will be redirected to Super Form. Fill in the required details. Once you are done, click Save.
- Tick at the Declaration Section. Click Submit.
- You will be redirected to the Transaction page. Make the payment according to your preferred method.
- Once the payment is successful, you will receive a transaction receipt and Notice of Registration as proof of incorporation via email.
Hassle-Free SSM Online Registration in Malaysia with BossBoleh
While SSM online registration for sole proprietorship and partnership business is not that complicated, SSM new registration online for Sdn. Bhd. can be a bit of a headache. You can skip through the complicated process with Boss Boleh! Get your new Sdn. Bhd. company registered with SSM, hassle-free. Drop us a message for inquiry.
Want to know more about starting a Sdn Bhd? What’s the best way to start one, and what should you be mindful of? Register and find out in our upcoming webinar!
Are you ready to form your Sdn Bhd with Malaysia’s #1 award-winning Online Company Secretary? Contact us now via WhatsApp @ 018-7678055!