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Form 1 Articles Of Incorporation Template for Malaysia

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Key Requirements PROMPT example:

Form 1 Articles Of Incorporation

"I need Form 1 Articles of Incorporation for a new Malaysian technology startup with multiple share classes, including preference shares for investors, planning to commence operations in March 2025 with an initial capital of RM500,000."

Document background
Form 1 Articles of Incorporation is a mandatory document required when establishing a new company in Malaysia under the Companies Act 2016. This document must be submitted to Suruhanjaya Syarikat Malaysia (SSM) as part of the company registration process and serves as the company's constitutional document. It contains essential information about the company's structure, including share capital, shareholders' rights, directors' powers, and governance procedures. The Articles become binding on the company and its members upon incorporation and can only be modified through special resolution. The document must comply with Malaysian corporate law requirements and may need to incorporate specific provisions based on the company's business nature, such as Shariah compliance for Islamic businesses or specific industry regulations.
Suggested Sections

1. Company Name and Registration: States the company's name and registration details as approved by SSM

2. Objects of the Company: Defines the primary business activities and purposes of the company

3. Share Capital Structure: Details of the company's share capital, types of shares, and rights attached

4. Members' Liability: Specifies whether the liability of members is limited by shares or guarantee

5. Directors: Provisions regarding appointment, removal, and powers of directors

6. Meetings: Rules for conducting general meetings and board meetings

7. Share Issuance and Transfer: Procedures for issuing and transferring shares

8. Corporate Representation: Rules about who can bind the company and how documents should be executed

Optional Sections

1. Preference Shares: Include when the company plans to issue different classes of shares with special rights

2. Islamic Business Principles: Include for Shariah-compliant companies to ensure adherence to Islamic principles

3. Reserved Matters: Include when certain decisions require special majority or specific procedures

4. Pre-emptive Rights: Include when existing shareholders should have priority rights for new share issues

5. Dividend Policy: Include when specific dividend distribution rules are needed

Suggested Schedules

1. Schedule 1: Initial Subscribers: Details of founding shareholders including names, addresses, and shareholding

2. Schedule 2: Initial Directors: Details of first directors including names, addresses, and identification

3. Schedule 3: Share Capital Structure: Detailed breakdown of share classes and rights if multiple share classes exist

4. Schedule 4: Prescribed Objects: Detailed list of business activities if the company has specific limited objects

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Relevant Industries

Financial Services

Manufacturing

Technology

Retail

Professional Services

Real Estate

Healthcare

Education

Construction

Agriculture

Mining

Tourism

Transportation

Energy

Telecommunications

Relevant Teams

Legal

Compliance

Corporate Secretariat

Board of Directors

Executive Management

Risk Management

Corporate Governance

Administrative

Relevant Roles

Company Director

Company Secretary

Corporate Lawyer

Legal Counsel

Compliance Officer

Chief Executive Officer

Chief Financial Officer

Corporate Governance Officer

Risk Manager

Board Secretary

Managing Director

Business Development Manager

Incorporation Specialist

Legal Administrator

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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