Registration of Company Limited by Guarantee (CLBG) / Foundation in Malaysia

Keeyaa provides comprehensive assistance in incorporating Companies Limited by Guarantee (CLBGs)—the preferred structure for foundations, charitable organisations, and non-profit entities in Malaysia. Our process ensures compliance with the Companies Act 2016 and all relevant regulatory requirements.

Minimum Requirements for CLBG / Foundation Registration

To incorporate a CLBG in Malaysia, you must meet the following:

  • At Least One (1) Member
    • Can be an individual or a corporate body
  • At Least One (1) Company Secretary
    • Must be licensed or registered with the Companies Commission of Malaysia (SSM)
  • At Least Three (3) Directors
    • Must be at least 18 years old
    • Must not be disqualified under the Companies Act 2016
  • No Share Capital
    • Members guarantee to contribute a nominal amount (e.g., RM10) in the event of winding up
  • Non-Profit Objectives
    • Purposes must be charitable, educational, scientific, or social in nature
  • A Constitution
    • Must clearly outline the non-profit objectives, governance structure, and operational rules
  • Approval from Relevant Ministry or Regulator
    • Required if the CLBG operates in regulated sectors such as education, healthcare, or financial services

Why Choose Us for CLBG / Foundation Registration?

FAQs – CLBG / Foundation Registration in Malaysia

Typically 2–4 months, depending on the complexity of the constitution and ministry approval requirements.

Yes, but all income must be used to further the organisation’s non-profit objectives—no profits can be distributed to members.

Not always. Approval is only needed if your activities fall under a regulated sector such as education or healthcare.

A CLBG is registered under the Companies Act 2016 and has stricter reporting and governance requirements, while a society is registered under the Societies Act 1966.

Yes, but at least one director must ordinarily reside in Malaysia.