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Corporate Service - Malaysia

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Change of Malaysia Company Name

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Q: Can a company in Malaysia change its name after incorporation?
A: Yes. A company registered in Malaysia under the Companies Act 2016 may change its name after incorporation. This process requires the company to pass a special resolution and obtain the approval from the Companies Commission of Malaysia (“CCM”).

Q: Can CCM reject a proposed name?
A: Yes. CCM may reject a name if is:
  1. Undesirable, misleading, or offensive
  2. Similar or identical to an existing name
  3. Contain prohibited and restricted words.

Q: What is the general procedure to change a Malaysia company name?
A: The procedure for changing a Malaysia company name includes the following steps:
  1. Submit an application to reserve the proposed new name through the MyCOID portal. If the name is approved, it will be reserved for 30 days and may be extended upon payment of the relevant fee.
  2. The company must obtain approval from at least 75% of its shareholders by passing a special resolution to proceed with the name change.
  3. The company is required to lodge the notice of application for change of name pursuant to Section 28 of the Companies Act 2016 to CCM within 30 days from the date the resolution is passed.
  4. Upon all required documents are submitted and the process is duly completed, CCM will issue a notice confirming the change of name, marking the effective date of the new company name.

Q: How long does it take to change a company name?
A: Generally, the process takes 5–10 working days, assuming no objections from shareholders and CCM and all documents are in order.

Q: After the company name has been changed, does the former name still need to be displayed?
A: Yes. In accordance with Section 30(4) of the Companies Act 2016, a company that has changed its name must state its former name beneath its current name on all business correspondence and official documents for a period of 12 months from the date the notice of change of name is issued by CCM.

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