{"id":499,"date":"2026-01-09T03:30:17","date_gmt":"2026-01-09T03:30:17","guid":{"rendered":"https:\/\/upvalue.my\/demo\/shmah\/?p=499"},"modified":"2026-01-20T05:25:56","modified_gmt":"2026-01-20T05:25:56","slug":"want-to-set-up-a-limited-company-dont-know-anything-about-limited-companies","status":"publish","type":"post","link":"https:\/\/upvalue.my\/demo\/shmah\/want-to-set-up-a-limited-company-dont-know-anything-about-limited-companies\/","title":{"rendered":"Want to set up a limited company? Don\u2019t know anything about limited companies?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"940\" height=\"788\" data-id=\"501\" src=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited1.png\" alt=\"\" class=\"wp-image-501\" srcset=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited1.png 940w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited1-300x251.png 300w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited1-768x644.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"940\" height=\"788\" data-id=\"503\" src=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited2.png\" alt=\"\" class=\"wp-image-503\" srcset=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited2.png 940w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited2-300x251.png 300w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited2-768x644.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"940\" height=\"788\" data-id=\"502\" src=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited3.png\" alt=\"\" class=\"wp-image-502\" srcset=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited3.png 940w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited3-300x251.png 300w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited3-768x644.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"940\" height=\"788\" data-id=\"506\" src=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited4.png\" alt=\"\" class=\"wp-image-506\" srcset=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited4.png 940w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited4-300x251.png 300w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited4-768x644.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"940\" height=\"788\" data-id=\"507\" src=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited5.png\" alt=\"\" class=\"wp-image-507\" srcset=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited5.png 940w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited5-300x251.png 300w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited5-768x644.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"940\" height=\"788\" data-id=\"504\" src=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited6.png\" alt=\"\" class=\"wp-image-504\" srcset=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited6.png 940w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited6-300x251.png 300w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited6-768x644.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"940\" height=\"788\" data-id=\"508\" src=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited7.png\" alt=\"\" class=\"wp-image-508\" srcset=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited7.png 940w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited7-300x251.png 300w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited7-768x644.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"940\" height=\"788\" data-id=\"505\" src=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited8.png\" alt=\"\" class=\"wp-image-505\" srcset=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited8.png 940w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited8-300x251.png 300w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited8-768x644.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"940\" height=\"788\" data-id=\"509\" src=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited9.png\" alt=\"\" class=\"wp-image-509\" srcset=\"https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited9.png 940w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited9-300x251.png 300w, https:\/\/upvalue.my\/demo\/shmah\/wp-content\/uploads\/2026\/01\/limited9-768x644.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/figure>\n<\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Want to set up a limited company? Don\u2019t know anything about limited companies?<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">Let&#8217;s use the 5W2H approach to understand information about setting up a limited company!<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>What is a limited company?<\/strong><br>A limited company is an independent entity with legal status,<br>where investors (shareholders) contribute capital and directors manage the company.<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Who can set up a limited company?<\/strong><br>Malaysians, foreigners&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Must be 18 years old and above&nbsp; &nbsp; &nbsp; &nbsp;&nbsp;non-bankruptcy<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><em>Note: Foreigners need a local to act as a shareholder to establish a limited company.<\/em><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>What specific positions are needed to set up a limited company?<\/strong><br>1 director and 1 shareholder<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><em>Note\uff1aAn individual can be both a director and a shareholder.<\/em><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Why set up a limited company?<\/strong><br>To create a professional image and enhance credibility<br>To separate personal and company assets<br>To facilitate easier access to financing and business expansion, leading to better profits for the company<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>To set up a company, you need to provide a local and valid business and residential address.<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>When should you consider setting up a limited company?<\/strong><br>When personal income exceeds RM70k, as you can enjoy a lower tax rate of 15%.<br>When you need financing, it is more suitable to set up a limited company.<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>What do you need to prepare?<\/strong><br>Local citizens need to provide their identity card, while non-citizens need to provide their passport and visa.<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>How much need to concern\uff1f<\/strong><br>@ Audit Fee<br>@ Secretary Fee<br>@ Account Fee<br>@ Tax Agent Fee<br>@ Nominee Director Fee<br>@ Corporate Tax<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Want to set up a limited company? Don\u2019t know anything about limited companies? Let&#8217;s use the 5W2H approach to understand information about setting up a limited company! What is a limited company?A limited company is an independent entity with legal status,where investors (shareholders) contribute capital and directors manage the company. Who can set up a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":500,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_joinchat":[],"footnotes":""},"categories":[16,19],"tags":[],"class_list":["post-499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-secretary-knowledge","category-view-all"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Want to set up a limited company? 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Let&#8217;s use the 5W2H approach to understand information about setting up a limited company! What is a limited company?A limited company is an independent entity with legal status,where investors (shareholders) contribute capital and directors manage the company. 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