- Companies Commission of Malaysia
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The Suruhanjaya Syarikat Malaysia (SSM) (the Companies Commission of Malaysia) is a statutory body that regulates corporate and business affairs in Malaysia. The SSM was formed in 2002 under the Companies Commission of Malaysia Act 2001, assuming the functions of the Registrar of Companies and Registry of Business.[1]
The main activity of SSM is to serve as an agency to incorporate companies and register businesses as well as to provide company and business information to the public. Has launched SSM e-Info Services to allow information on companies and businesses obtainable via the internet, www.ssm.com.my . As the leading authority for the improvement of corporate governance, SSM fulfils its function to ensure compliance with business registration and corporate legislation through comprehensive enforcement and monitoring activities to sustain positive developments in the corporate and business sectors of the Nation.
In 2003, the SSM began a review of the Companies Act 1965, with the aim of simplifying the process of incorporation in Malaysia and reducing businesses' costs of compliance with Malaysian corporate law.[2]
References
- ^ Commercial Applications of Company Law in Malaysia (3rd ed.). CCH Asia. pp. 48. ISBN 9814228346. http://books.google.com.au/books?id=xkpGOejbYwYC&pg=PA48&dq=SSM+malaysia&cd=1#v=onepage&q=SSM%20malaysia&f=false. Retrieved 5 March 2010.
- ^ "Review of Companies Act underway", Daily Express, 2003-08-05, http://www.dailyexpress.com.my/news.cfm?NewsID=20749, retrieved 2010-03-11
External links
- Official website
- Licensed Company to register new company in Malaysia
- Company Registration in Malaysia
Coordinates: 3°10′00″N 101°41′33″E / 3.1666667°N 101.6925°E
Categories:- Economy of Malaysia
- 2002 establishments
- Malaysia stubs
- Government stubs
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