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#ssm
2 articles
Registering a Side Business in Malaysia 2026: SSM's Real Fees, the Three Schemes That Make It Free, and the RM50,000 Line You Cross by Not Renewing
Registering a sole proprietorship with SSM costs RM30 a year if you trade under the name on your identity card and RM60 a year if you want a business name. That is the whole fee. Three official schemes reduce it to nothing: SPPP for B40 aid recipients and full-time students, which since 1 June 2026 covers two years instead of one; SPPWE, a new category from the same date for anyone aged 60 and above, which covers one year; and S1O1P for OKU cardholders, the only one that also covers renewal. The part that catches people is at the other end: continuing to trade after the certificate expires is an offence under the Registration of Businesses Act 1956 carrying a fine of up to RM50,000, up to two years in prison, or both. Every figure here was read off SSM's own fee table and guideline documents on 6 September 2026. Re-checked and extended on 9 September against SSM's Responsibility of Business Owner sheet, which adds the parts the fee table does not: the same RM50,000 also applies to never registering in the first place, there are RM10,000 and RM2,000 tiers below it, and the rung between RM60 and a RM1,000 Sdn Bhd is a PLT at RM500. Re-checked on 30 September 2026 against SSM's April 2026 SPPP and SPPWE FAQs, which is where the two-year SPPP and the new senior-citizen scheme come from.
8 Best Company Incorporation & Corporate Secretarial Services in Kota Kinabalu (KK) 2026
From Brisk Management's Damai Plaza office running since 1989 to Innoplan's 30-plus years at Warisan Square, here are the real, currently trading company incorporation and corporate secretarial firms actually based in Kota Kinabalu — with the two that publish a price (RM1,900 and RM2,800), what SSM's own RM1,000 fee covers, and how fast each firm says it can file.