Document background
The Memorandum of Company Limited by Shares is a crucial document required during the incorporation of a private limited company in Malaysia. This document, mandated by the Companies Act 2016, must be filed with the Companies Commission of Malaysia (SSM) as part of the company registration process. It contains essential information about the company's structure, including its name, objectives, share capital details, and the nature of liability of its members. The memorandum serves as a public document that defines the company's relationship with the outside world and sets the boundaries of its activities. Any person dealing with the company can refer to this document to understand its basic constitution and powers. The document must be prepared in compliance with Malaysian law and regulations, and any subsequent modifications require proper procedures and regulatory approval.
