Malaysia Resident & Nominee Director Services

The statutory minimum is one director for a private company and two for a public company. Those minimum directors must ordinarily reside in Malaysia by having a principal place of residence there. Section 196 also requires a director to be a natural person aged at least 18, and other eligibility and disqualification rules remain relevant.

A foreign national may qualify if the residence and other eligibility conditions are met. Conversely, citizenship or a Malaysian correspondence address does not by itself establish ordinary residence. Confirm your proposed directors’ circumstances with a local professional before buying a nominee arrangement you may not need.

Section 217 specifically addresses nominee directors. Where the director’s duty to the company conflicts with a duty to the nominator, the company’s interests must not be subordinated to the nominator. Section 213 also requires proper purpose, good faith and reasonable care, skill and diligence.

The appointment should therefore cover access to financial records, oversight, reporting, conflicts and the limits of signing authority. We do not offer a person who will sign automatically, ignore the activity or carry no responsibility. Any indemnity and insurance provisions need local review and cannot be assumed to remove statutory duties.

The Malaysian beneficial-ownership framework requires companies to identify and report the relevant natural persons who ultimately own or control them. A director appointment does not replace that process or make the underlying ownership anonymous. The applicable reporting and access rules should not be confused with a promise that every ownership detail is publicly searchable.

Provide an accurate ownership chart, the business model and any regulated activities. Director appointment, company-secretarial work and formation are distinct services. The proposed providers should confirm their qualifications and the permissions applicable to each part of the work; this page does not assert that Xavion is a Malaysian licensed corporate-services provider.

Tell us whether the company is new or already trading, which directors currently qualify, and why professional board support is required. A replacement also needs a planned handover of records and coordinated local filings. A resignation must not be assumed effective if it would leave the company below its statutory director minimum.

Fees, deposits, reporting obligations, activity restrictions, insurance and replacement terms are confirmed in a written proposal after review. A resident appointment does not automatically confer a work permit, determine tax residence, authorise regulated activity or guarantee a bank account. Banking and licensing need separate assessments.