License / Permit / Service Description
- Professional company detail update and statutory submission services for companies in Malaysia. We assist with the review and updating of company particulars, including directors, shareholders, company secretary, registered office address, business address, share capital, shareholding structure, and other relevant corporate information. Our service is suitable for Sdn. Bhd., Berhad, Company Limited by Guarantee, foreign companies, holding companies, and companies undergoing ownership or management changes.
Related Departments / Regulatory Bodies
- Companies Commission of Malaysia (SSM) / Suruhanjaya Syarikat Malaysia
- SSM Corporate Registry System (CRS) / MyCoID, where applicable
- Appointed Licensed Company Secretary
- Inland Revenue Board of Malaysia (LHDN), where applicable
- Bank, financial institution, licensing authority, or other relevant agency, where applicable
License Name ( Bahasa Malayu )
- Kemas Kini Butiran Syarikat
Application Scenarios & Business Necessity
- Appointment of a new director
- Resignation or removal of an existing director
- Change of director’s name, residential address, nationality, occupation, or other particulars
- Appointment, resignation, or change of Company Secretary
- Transfer of shares between existing or new shareholders
- Addition or removal of shareholders
- Change in shareholding structure or ownership percentage
- Issuance of new shares or changes in share capital
- Change of registered office address or business address
- Change in the company’s business address, nature of business, or other statutory company information, where applicable
- Company restructuring, investment, partnership, takeover, or internal management changes
Important Rules & Compliance Standards
- Company details must be accurate, complete, and supported by proper corporate documents.
- Relevant board resolutions, shareholder resolutions, consent letters, share transfer documents, or supporting documents may be required depending on the type of change.
- Changes to company officers, shares, addresses, and other particulars should be notified to SSM within the required statutory timeline.
- Changes to company particulars must be lodged through the relevant statutory process and within the applicable timeframe prescribed by SSM.
- The company is responsible for providing true and complete information to the appointed Company Secretary or Company Agent.
- Certain changes may affect Beneficial Ownership information and may require a separate update.
- Certain changes may require updating records with LHDN, banks, license authorities, KWSP, PERKESO, or other agencies.
- Company information updates are separate from Annual Return, tax filing, and business license renewal. Certain changes must be lodged separately and should not be delayed until the Annual Return submission.
- Additional documents, clarification, or approval may be required before the update can be completed.
Compound & Legal Penalties
- Late lodgement fees, compound, or penalty where applicable
- Requirement to rectify or resubmit incomplete statutory documents
- Compliance notice or enforcement action by SSM
- Inaccurate company information in SSM records
- Difficulty with bank facilities, tenders, licenses, financing, or due diligence processes
- Possible offence under the Companies Act 2016 for failure to notify required changes
- Legal action against the company and/or responsible officers in serious cases
Frequently Asked Question
Company details may include directors, shareholders, Company Secretary, registered office address, business address, share capital, shareholding structure, and other required statutory particulars.
Yes. A new director may be appointed, or an existing director may resign or be removed, subject to the company’s constitution and statutory requirements.
Yes. The company’s registered office address can be updated through the appropriate statutory process with SSM.
Yes. A new shareholder may be added through a share transfer, issuance of new shares, or another suitable corporate process.
No. A share transfer involves existing shares being transferred to another party, while issuance of new shares increases the company’s share capital.
Depending on the type of change, board resolutions, shareholder resolutions, consent letters, or other supporting documents may be required.
The timeline depends on the type of change, document completeness, required approvals, and lodgement processing.
Yes, company information should be kept accurate. The relevant changes should be properly lodged, and the updated details should be reflected in future Annual Return submissions.
It may. A change in shareholding or control may affect the company’s Beneficial Ownership information and should be reviewed accordingly.
Yes. Conzlab can assist with document coordination, statutory requirement review, submission preparation, and follow-up with the appointed licensed Company Secretary or Company Agent.
Jeffrey Eh Hao Yih , Director
Jeffrey has been providing expert guidance for businesses dealing with ongoing challenges. With his expertise, he aids clients in strategic business planning, streamlining operations, and enhancing productivity. Additionally, Jeffrey offers diverse business technology services to help digitize traditional businesses effectively.
