Clear(er) Roads Ahead: Incorporation of companies under the Companies Act 2016

company_bill_bannerThis article is first in a series entitled A New Corporate Landscape: Key Changes under the Companies Bill 2015 that our clients should know about.

Background to the Companies Bill 2015

CCLC’s clients have no doubt seen the headlines and heard much spoken of the impending changes under the Companies Bill 2015. The Bill has been passed by both houses of parliament and it is only a matter of time before it comes into force on a date to be notified in the Gazette.

The Companies Bill 2015 intends to reform the Malaysian corporate legal framework by replacing the outdated Companies Act 1965. Amongst the key aims of the Bill are to increase the ease of doing business, and to increase legal and corporate governance. Continue reading “Clear(er) Roads Ahead: Incorporation of companies under the Companies Act 2016”