Payment of salaries, fees, fixed allowances & other benefits to the director of a Company Limited By Guarantee

Applicant should make an application for payment of salaries, fees, fixed allowances & other benefits to the director of a Company Limited By Guarantee by filling out Section 45 Lodgement of Application by CLBG for Registrar’s approval (Appendix B) or Section 45 Application by CLBG for Minister’s approval (existing CLBG) (Appendix C) and attach supporting documents according to Checklist 7.

The application should be submitted to SSM counter for Minister's or Registrar's approval.

Fee :

1. Application for Minister's approval : RM 300.00
2. Application for Registrar's approval : RM 100.00

More information :

1. Guidelines on Company Limited By Guarantee
2. Checklist 7
3. Section 45 Companies Act 2016
4. FAQ Company Limited By Guarantee

Note :

1. This application must submit together with application for amendment to constitution (Checklist 4).
2. CLBG must comply with the Paragraph 23 of the Guideline.
3. Employee of CLBG is not required to apply for this application because the payment is made to a director in his capacity as an employee for the CLBG.
4. The CLBG must have at least 3 years Audited Financial Statements.
5. The CLBG must be solvent based on Financial Statements before applying.
6. If the payment has been made without the approval of Registrar/Minister, the CLBG must obtain Court Order under section 582 Companies Act 2016.