A COMPANY AND A CORPORATION DISTINGUISHED

COMPANY AND CORPORATION 

Company – a company incorporated pursuant to the Act or pursuant to any ‘corresponding previous enactment’, meaning any written laws relating to companies previously in force in any part of Malaysia corresponding with provisions of the Act.-s.2 CA 2016

Corporation – a body corporate formed or incorporated or existing within Malaysia, including a foreign company, limited liability partnership s.3 CA 2016. However, excluded from this definition are the followings:

a)    A body corporate incorporated within Malaysia and is by notice of the Minister published in the gazette declared to be public authority or an instrumentality or agency of the government of Malaysia or state or to be a body corporate which is not incorporated for commercial purposes

b)    A corporation sole

c)    A society registered under any written laws relating  to co-operatives societies; or

d)    A trade union registered under any written law as a trade union

A company shall have – s.9:

a)    A name

b)    One or more members, having limited or unlimited liability for obligations of the company

c)    In the case of a company limited by shares, one or more shares, and

d)    One or more directors