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Super Form: How to Save Money & Time with One Page!

November 17, 2021 incorp 0 Comments

We’ve all heard about Superman, but what about Super Form? Like its human counterpart, super forms are also “heroes” thsemselves, but within the corporate world! But what makes it both unique and useful in its application?

 

This article is specially catered for those looking forward to incorporate or setup their companies as soon as possible. Let’s begin…

 

About Super Form

 

Super Forms are a type of document created by SSM (Suruhanjaya Syarikat Malaysia) (or Companies Commission of Malaysia (CCM)) as a means of reducing time-consuming efforts of preparing multiple documents all at once. 

 

This results in saving both preparation time and resources for business individuals who’re in the midst of incorporating their respective companies here in Malaysia. 

 

Samples of old Form 6, Form 48a, and Memorandum of Association templates

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Sample of Current Super Form (or Application of Registration) Template

In the past, when Companies Act 1965 was in effect, potential business start-up owners were required to prepare several forms altogether such as Form 6Form48A, and the MOA.

Now however, with constant development and improvement of technology over the years, electronic templates are gradually beginning to replace their more traditional paper counterparts, rendering them obsolete.

Hence, with the digital form now being easily accessible online via the MyCOID 2016 portal,
this results in the establishment of a single interface incorporation template along with the abolishment of any further need for over-the-counter transactions.

 

Alternatively, with assistance from a Company Secretary (Co Sec), you’ll be able to relieve yourself from unnecessary worries and stress of preparing the right documentations.

 

Required Details & Purpose of Super Form

While filling up their respective Super Forms, interested parties and individuals will need to provide the following prerequisites; segregated into four distinct sections as requested by Companies Act 2016, that are: –

I. Section A: Particulars of Company, Business Name, Detail, Address, etc.: –

Where in Section A, details of the company such as company name, address, and other relevant information will need to be filled.

 

 II. Section B: Particulars of Director(s), Members(s), & Secretary: –

For Section B, information pertaining to the company’s Director(s), Member(s), and elected Company Secretary are jotted here.

 

III. Section C: Declaration: –

Regarding Section C, the Declaration section pertains to the Company Secretary (CoSec) confirmation, as found in the provided details of Section A and B.

 

IV. Section D: Company Secretary: –

Finally, Section D or  the Lodger Information section relates to details of the representing Company Secretary.

 

Purpose & Benefits of Super Form

The Super Form’s main primary purpose is to provide some means of verifying and ensuring that the company represented in the template is a legitimate corporate entity, although it has other uses which we’ll cover on in the next part.

Based on earlier information, Super Form provides a holistic sum of benefits to stakeholders, especially when engaging with certain professional individuals on particular matters such as: –

i.    Bankers (Opening of corporate bank accounts);

ii.   Company Directors (Application of KWSP);

iii.  JPJ Staff (Purchase of motor vehicles);

iv. Lawyers (For use as evidence)

 

In conjunction to its primary use, the form also acts as a sort of corporate identification card (IC) for both authoritative and key members of institutions to verify a company’s legitimacy should business owner(s) engage with any of them.

 

Need further clarification on Super Form details? Fret not as at Incorp, we have close to 38 years of experience in the field of company secretarial services and are highly equipped towards assuring that your application complies with every minute detail and prerequisite inquired by Companies Act 2016; securing you your well-deserved good night’s rest in the process!

Interested? Feel free to liaise with us through either our email or WhatsApp with the relevant details located below and we’ll revert as soon as possible: –

Email: secretarial@elegant.com.my

WhatsApp: +6017-2727118

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