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What's the difference between Sdn Bhd and Bhd?

Sdn Bhd is a private company: maximum 50 shareholders, shares cannot be offered to the public, lighter governance. Bhd (Berhad) is a public company: it may offer shares to the public — listed companies on Bursa Malaysia are Berhads — with far heavier compliance. Virtually every SME, startup and family business incorporates as a Sdn Bhd.

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Statutory figures: Companies Act 2016

Also asked as: sdn bhd vs berhad; private vs public company malaysia; beza sdn bhd dan bhd.

Key facts

  • Sdn Bhd: private, ≤50 shareholders
  • Bhd: public, may offer shares publicly

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