Question 1

Is a company secretary required in Malaysia?

Accepted Answer

Yes, it is mandatory for every company to appoint a qualified company secretary within 30 days of incorporation to ensure compliance with legal requirements.

Question 2

Can a foreigner be a company secretary in Malaysia?

Accepted Answer

No, only individuals who reside in Malaysia and meet the local licensing requirements can serve as a company secretary.

Question 3

What does a company secretary do?

Accepted Answer

A company secretary ensures compliance by filing documents with SSM, supporting board meetings, and advising on regulatory matters.

Question 4

Can I change my company secretary?

Accepted Answer

Yes, the board of directors has the authority to remove and appoint a new company secretary at any time. This process allows companies to maintain effective oversight and ensure the secretary’s continued alignment with organisational needs.

Question 5

How is a company secretary different from a personal assistant?

Accepted Answer

A company secretary focuses on legal and compliance matters for the company, while a personal assistant handles routine tasks for individuals. The roles are distinct, with the company secretary carrying statutory responsibilities that directly affect the business’s regulatory standing.

Question 6

How much does a company secretary cost?

Accepted Answer

Costs typically include a monthly fee for basic services, with additional charges for extra or specialised tasks.

Business Guides in Malaysia

Professional Company Secretary Malaysia: Your Guide to Seamless Business Compliance

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