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Introduction to Company Law - Coggle Diagram
Introduction to Company Law
Regulation
Statutory Body
Companies Commission Malaysia/Suruhanjaya Syarikat Malaysia (SSM)
Legal Nature
Separate entity from its members
Separate entity from other business organizations
Joint Venture
Subsidiary
The Law
Companies Act 2016
Formation
By Application to Company Commission Malaysia
Classification
Private
Limited
By Shares
Limited to 50 members
Shareholders are by invitation only. Public is not allowed to invest
Shares cannot be transferred easily
Unlimited
Public
Public
Limited
By Shares
Limited Liability
Entitled to dividends based on company profits
Company is owned by Shareholders
By Guarantee
By Guarantee of fixed sum to the company
Unlimited
Private