Appoint a suitable candidate as a nominal director
Nominal Director Service
Nominee Director in Malaysia
According to Malaysia’s Companies Act, every company must have at least one director who is a primary resident within Malaysia or whose only place of residence is Malaysia.
It is common for foreign nationals to establish companies in Malaysia with a nominee director serving as a local director. All directors, including nominee directors, have significant responsibilities. For instance, if issues arise, such as being unable to contact the foreign company operator, the nominee director must cover related expenses, including company liquidation costs.
Trustworthy
The Nominee Director Services provided by Rising Global Consultants are carried out by our reputable and trustworthy professionals. The local nominee director we provide is a Malaysian citizen and closely associated with Rising Global Consultants to ensure high-quality service to our clients. To date, we have received 100% satisfaction feedback from our clients. The nominee director is supported by highly qualified professionals and possesses the capability to fulfill local director responsibilities, assist the company in complying with the Companies Act, and meet the requirements set by local authorities. Rising Global Consultants can help your company maintain and comply with regulations.
Autonomous control
Our nominee directors will sign an agreement with you, assuring that they will not participate in your company’s business operations or become signatories for the bank account, allowing you to maintain full control over the account and the company. While some service providers in Malaysia offer nominee director services, they do not conduct any due diligence, which may result in dealing with high-risk clients, especially those involved in money laundering or illegal financing activities.
Whether a local Malaysian needs to serve as a director primarily depends on the nature of your company's business requirements
Improper appointment may result in the following consequences:
- All directors must sign company documents, even minor changes; however, the nominee director may not appear to sign
- A poor credit rating of a director can affect the company’s health
- Nominee directors with unverifiable backgrounds may lead to the company’s failure to comply with relevant government regulations
- Disputes can easily arise regarding company authority and shareholding
Welcome to Contact Us
Phone Number: +60 3-8682 1802 | E-mail: officer@rising.com.my