Why need to increase paid-up capital?

The Paidup Capital refers to the amount that has been received by the company through the issue of shares to the shareholders. We recommend paid-up capital of RM100 for all new Sdn Bhd companies when register Sdn Bhd with SSM.

Reasons for increase paid-up Capital for Sdn Bhd Company: –

  1. Corporate Image – Building trust and confidence to public by having healthy capital level.
  2. Bank – Requirement from bank when applying for a banking facility.
  3. Project – Requirement when applying for a project tender
  4. License – Requirement from relevant government authorities when applying licenses.
  5. Suppliers & Customers – requirement from suppliers & customers when doing business with them.
Why need to increase paid-up capital?