Company secretarial practice in malaysia

Do I need a Company Secretary in Malaysia?

Is it mandatory to appoint a company secretary? In Malaysia, under the Companies Act (2016), all registered companies are required to have at least one licensed company secretary.
The appointment of a company secretary must also be completed within 30 days from the date of incorporation of a company..

How can I get company secretary license in Malaysia?

How to become a Company Secretary in Malaysia?

1. The person shouldn't be less than 18 years old
2. He or she should be a resident of Malaysia
3. The person should be a qualified Chartered Accountant or
4. He or she must be registered with the Malaysian Institute of Accountants (MIA) or

How do I become a certified Company Secretary in Malaysia?

In order to become a Member of MAICSA and enjoy the benefits, you first need to register as a student and pass the Chartered Governance Qualifying Programme (CGQP).
There are two grades of membership - Associate and Fellow..

What is a Company Secretary in Malaysia?

Under Malaysian law, a company secretary is responsible for ensuring that legal and standard business protocols are being implemented and that the organization is in compliance with legal guidelines and local rules and regulations.
Most of these legislations are stated in the Companies Act 1965..

What is the body of Company Secretary in Malaysia?

The Malaysian Institute of Chartered Secretaries and Administrators (MAICSA) is the premier professional body for Company Secretaries and Governance Professionals with aims of promoting good governance and best practices in organisations..

What is the role of company secretary in Malaysia?

Maintain regular communications with shareholders and directors.
Prepare and file the company's annual return.
Update and maintain the company's statutory books and documents.
Update the Companies Commission of Malaysia (CCM, or “SSM” in Malay abbreviation) about any changes in the company's statutory information..

Why do you need a Company Secretary in Malaysia?

Ensuring Compliance
Under Malaysian law, a company secretary is responsible for ensuring that legal and standard business protocols are being implemented and that the organization is in compliance with legal guidelines and local rules and regulations.
Most of these legislations are stated in the Companies Act 1965..

Why does a company need a Company Secretary?

A Company Secretary is responsible for the efficient administration of a company, particularly with regard to ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the board of directors are implemented..

Where, a candidate must have one of the following qualifications listed below: