Can one person own the whole Sdn Bhd?
Yes. The Companies Act 2016 allows a Sdn Bhd with a single person as both the sole director and sole shareholder, holding 100% of the shares. The only extra care point: a sole director cannot also be the company secretary, and succession planning matters more when one person is the whole board.
Statutory figures: Companies Act 2016
Also asked as: single director sdn bhd; can I be director and shareholder; one man company malaysia; boleh ke sorang je buka syarikat; 100 percent one shareholder.
Thousands of Malaysian companies run this way. We flag one practical safeguard at incorporation: nominate what happens if the sole director is incapacitated — s.196 requires at least one resident director at all times, and an empty board freezes the bank account fast.
Key facts
- Sole director + sole shareholder permitted — CA2016
- Sole director cannot be the secretary
- s.196: at least one resident director at all times