Procedures for incorporating a Company Limited By Guarantee with the word "Berhad" or "Bhd"
The procedures for incorporating a Company Limited By Guarantee (CLBG) with the word "Berhad" or "Bhd" under Section 45 Companies Act 2016 are:
1. Applicant should make an application at MyCoID and click 'Application for Reservation of Name - Optional' menu to apply for reservation of name.
2. Next, applicant should submit Section 45 Lodgement of Application by CLBG for Registrar’s approval (Appendix B) with supporting documents according to Checklist 2 to SSM counter.
Fee :
- Name reservation : RM 50.00
- Registrar's approval for the use of word "Berhad" or "Bhd" : RM 200.00
- Registration of CLBG : RM 3000.00
More information :
- Guidelines on Company Limited By Guarantee
- Checklist 2
- Section 45 Companies Act 2016
- Section 26 & Section 27 Companies Act 2016
Note :
- The biodata, qualification and experience in charitable activities for each proposed director and promoter has to be prepared according to format in Example 3 .
- An estimated/forecast income and expenditure for a period of two years within the establishment of the CLBG has to be prepared according to format in Example 4 .