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Articles Of Incorporation For LLC Template for Malaysia

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Key Requirements PROMPT example:

Articles Of Incorporation For LLC

"I need Articles of Incorporation for LLC for a technology startup in Malaysia with multiple share classes, planned series A funding in March 2025, and provisions for employee share options."

Document background
Articles of Incorporation for LLC in Malaysia are required when establishing a new private limited company (Sendirian Berhad or Sdn Bhd) under Malaysian law. This document must be filed with the Companies Commission of Malaysia (SSM) as part of the company registration process, in accordance with the Companies Act 2016. It contains essential information about the company's structure, including share capital, management framework, and operational procedures. The articles serve as the company's constitution and are legally binding on the company, its directors, and shareholders. This document is crucial for defining corporate governance, protecting shareholder interests, and ensuring regulatory compliance in the Malaysian business environment.
Suggested Sections

1. Name and Status: States the company name and confirms its status as a private company limited by shares

2. Registered Office: Specifies the location of the company's registered office in Malaysia

3. Objects and Powers: Defines the business purposes and activities of the company and its general powers

4. Liability of Members: States that liability of members is limited to their share capital contribution

5. Share Capital: Details the company's share capital structure, classes of shares, and rights attached

6. Members and Shareholding: Provisions regarding membership, share transfers, and shareholders' rights

7. General Meetings: Rules and procedures for conducting shareholders' meetings

8. Directors and Management: Provisions regarding appointment, removal, powers, and duties of directors

9. Company Secretary: Requirements and provisions regarding the company secretary

10. Accounts and Audit: Requirements for financial record-keeping and audit procedures

11. Notices: Procedures for giving notices to members and officers

12. Winding Up: Provisions regarding the dissolution of the company

Optional Sections

1. Alternate Directors: Include when the company wants to allow directors to appoint alternates during their absence

2. Executive Directors: Include when the company plans to have directors in executive positions

3. Dividend Policy: Include when specific dividend distribution rules are desired

4. Pre-emptive Rights: Include when existing shareholders should have first right to purchase new shares

5. Board Committees: Include when the company plans to establish specific committees like audit or remuneration committees

6. Share Buy-back: Include when the company wants to retain the right to purchase its own shares

7. Electronic Communications: Include when the company wants to explicitly allow electronic notices and meetings

Suggested Schedules

1. Schedule 1: Initial Subscribers: Details of founding members and their initial shareholding

2. Schedule 2: Share Capital Structure: Detailed breakdown of share classes and rights attached

3. Schedule 3: First Directors: Details of initial directors and their particulars

4. Schedule 4: Common Seal: Design and usage rules for the company seal (if adopted)

5. Schedule 5: Proxy Form: Standard form for appointing proxies at general meetings

6. Appendix A: Board Reserved Matters: List of decisions requiring board approval

7. Appendix B: Shareholders Reserved Matters: List of decisions requiring shareholder approval

Authors

Alex Denne

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

Relevant legal definitions







































Clauses






























Relevant Industries

Technology

Manufacturing

Retail

Professional Services

Financial Services

Healthcare

Real Estate

Construction

Education

Food and Beverage

Agriculture

Transportation

Energy

Tourism

Media and Entertainment

Relevant Teams

Legal

Corporate Secretarial

Compliance

Corporate Governance

Executive Leadership

Board of Directors

Risk Management

Corporate Affairs

Finance

Administrative

Relevant Roles

Chief Executive Officer

Company Secretary

Corporate Lawyer

Legal Counsel

Compliance Officer

Chief Financial Officer

Board Director

Company Director

Corporate Governance Officer

Legal Administrator

Risk Manager

Business Development Manager

Investment Manager

Managing Director

Corporate Affairs Manager

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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