Wednesday, September 24, 2008

Registering a Company in Terengganu

I did a research on doing a company registration in Terengganu.

According to the Registerer of Comapnies (ROC), the procedure is to submit the application via a Company Secretary. The one nearest is MCM, details as below:

MCM CORPORATE SERVICES SDN. BHD.
Lot G-1&2, Menara YIT
Jalan Sultan Omar
20300, Kuala Terengganu
Terengganu
T: 09 624 5149 / 5077
F: 09 624 5170
E: mcm_corporate@yahoo.com
Ms. Nor Haliza bt. Abu Bakar

For first time registration, the fee may range from RM 2150 - 2500, with itemised billing such as below example:
- Name search = 50
- Authorized capital of rm100k = 1,000
- Stamp Duty = 200
- Statutory Declarations (2 Directors) = 20
- Common Seal = 80
- Register of Members & Minutes Book = 60
- Share Certificate = 70
- First Directors Meeting = 60
- Form 49, 24, 44 and Memorandum & Articles of Association (2 sets) = 60
- Filing Fees = 700

To retain the service of the company secretary is RM60 per month and for audited financial statement, the lowest is RM590 for dormant company, RM600 for turnover up to RM75,000 till RM 2,700 (for RM1 million) .. and above

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