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How to register your online business with SSM in Malaysia?

 

WHAT IS SHOPPYMORE?

SHOPPYMORE was established in 2020, Shoppymore Global is the world's number one emerging marketplace platform. With a presence in Malaysia and soon the world – Shoppymore connect and enrich our lifestyle with good value and ethics.

Shoppymore is the operator of an online shopping portal intended to promote the online buying and selling of goods and is the fastest-growing e-commerce marketplace in the region. Leverage of technology embedded in business platforms gateway for retail shopping industry to earn multi-billion globally.

The company's online shopping portal offers various products across a range of categories. It is a platform tailored for providing customers with an easy, secure, and fast online shopping experience through strong payment and logistical support.

How to register your online business with SSM in Malaysia

The Companies Commission of Malaysia or SSM is basically a board that is formed through the merging of Register of Business (ROB) and Register of Companies (ROC). The role of SSM is to assist users in the registration, renewal, and rejection of both business and company.

Things you need to know before registering for SSM

1. Application form

Applicants are required to fill in business information including business address.
Applicants are required to fill in additional three company names and one of the three names will be approved for the company. Note that the 2nd and 3rd name will be used as an option in the case the chosen name is rejected.

2. The legitimate name for business

Business Name

A business name that is built up from the official owner name.

Example:

– George Lee

– Marliana Binti Halim

– Muthusamy a/l Subramaniam

Trade Name

Name that is created by the owner for the purpose of advertisement and sales. A trade name is also being used as an e-commerce store name.

Example:

– Kedai Makan Mak Ina

– Amazing Catering

– ABC Dan Enterprise


How to register your online business with SSM in Malaysia

For registration, you can either choose to register through offline or online.

A) Offline registration method

Step 1 – Carving out the best company name

For a business starter, you can start by brainstorming with at least three names for your companies. You can either choose your company name to be in the business name or trade name. However, it is more recommended to choose a trade name so that it looks more executive. These names will be included in the PNA 42 Form, and as mentioned above, one of the three names will be approved for the company.

Step 2 – Check the company name availability

You must first register an account through www.ssm-einfo.my to check on the availability of your company name. After gaining access to the portal, you can log in and check the availability of your company name. If your search result appears after your search, this means that your desire name had been taken. If it shows zero results, this shows that your company name is currently available.


Step 3 – Applying for Form PNA 42

For an owner who registers under a trade name, they are required to fill in the form together with their three suggested name followed by the nature of their business.

Step 4 – Applying for Form A

Fill in the require information and attach both Form A and Form PNA 42 if you are registering for a trade name.

Step 5 – Head to the SSM main office

Things to bring to the office are your identity card and both of the forms.


B) Online registration method

Before you begin to register online, one of the things you have to understands is the EzBiz portal. EzBiz is an official online business registration portal provided by Suruhanjaya Syarikat Malaysia (SSM) to allow the user to register for new business, changes in business particulars, terminate and purchase business information. Therefore, user’s must first create an account from Ezbiz and go to the nearest SSM office to acquire the one-time activation before registering your business through online. Refer below for more details step:-


I) Creating EzBiz account for an online user

Step 1:- Go to the portal page of ezbiz.ssm.com.my

Step 2:- Click sign up on the button next to “Forgot Password”

Step 3:- Select NRIC (National Registration Identity Card) as your IP type

Step 4:- Fill in your IC number and name details.

Step 5:- Go to the nearest SSM office with your IC Card for thumbprint and account activation.


II) Online business registration

Step 1:- Log in to your account on ezbiz.ssm.cm.my

Step 2:- Select My Business Service > New Business Registration

Step 3:- For the first section (Main Information), fill in your personal details of Ref No., Name Type, Business Name, Business Start Date, Business Address and Registration Period.

Step 4:- For the second section (Branches), only fill in this section if you have an applicable branch out business.

Step 5:- For the third section (Business Code), fill in your business code based on the given reference table.

Step 6:- For the fourth section (Owners), fill in your personal information.

Step 7:- For the last section (Fees and Declaration), you can make your payment through online banking or credit card.


The rate charges by SSM are shown below (applicable to online and offline registration):-

Purpose Fees Charge
Sole Proprietorship using personal name RM 30.00
Sole Proprietorship or partnership using a trade name RM 60.00
Registration of Branches RM 5.00 for each branch
Business Information Print-out RM 10.00

After you have established a business entity, then you can finally start building your business! There are a lot of ways to conduct business, and you might be thinking that whether you should start your business through marketplaces (Lazada, 11street & etc), Facebook or webstore. But why not have them all? With SiteGiant as your e-commerce solution, you can sell your product easily through webstore, marketplace, and Facebook. Not only that, you can even track your sales performance with our analytical tools.

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