Company law in Malaysiarefers to the legal framework that governs the formation, operation, and dissolution of companies in the country. It is regulated by the Companies Act 2016, which provides the rules and regulations for the establishment, management, and control of companies in Malaysia. The Act sets out the requirements for registering a company, including the types of companies that can be registered, the minimum number of shareholders and directors, and the necessary documents that must be filed with the Companies Commission of Malaysia. The Act also outlines the duties and responsibilities of directors and officers of the company, as well as the rights of shareholders and the procedures for conducting meetings and voting. Additionally, the Act provides provisions for the winding up and dissolution of companies, as well as the protection of creditors and other stakeholders. Overall, company law plays a crucial role in ensuring the proper functioning and regulation of businesses in Malaysia.
The business climate in Cheras, Kuala Lumpur is highly competitive, with many established companies vying for market share.
