Malaysia Company Formation for Foreigners & Work Permit

Appointment of Director in Malaysian Company

Now Foreigner can also become the Director of a Malaysian company. A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organisation.

Minimum 2 natural persons are required to incorporate a company in Malaysia and maximum numbers of the Directors in Malaysian company can be 9.

Appointment of new directors in a Malaysian Company

Any person, who is willing to be accepted or appointed as a director of a company incorporated in Malaysia, needs to declare himself on the following:

  • He is not an undischarged bankrupt;
  • He has not been convicted whether within or without Malaysia of any offence;
  • He has not been imprisoned for any offence within the period of five years immediately preceding the date of his declaration; and
  • He consents to act as Director.

The new director has to sign the Form 48A (Statutory Declaration by a person before appointment as Director of the company, Or by a Promoter before incorporation of the Sdn Bhd company) and then this Form 48A needs to be attested by the Commissioner for Oaths / Notary Public before accepted to become a director of a company in Malaysia.

Form 48A is submitted online to Companies Commission of Malaysia for registration purposes and to Insolvency Department for record purposes.

Click on How to Start Business in Malaysia for Foreigners

How to apply Malaysian Professional visa known as DP10 work permit