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Registering a Facilities Management Company in Malaysia

Registering a Facilities Management Company in Malaysia | Bestar
Registering a Facilities Management Company in Malaysia | Bestar

What is Facility Management in Malaysia

Facility management (FM) in Malaysia refers to the practice of maintaining and operating buildings and facilities to ensure their functionality, safety, and occupant comfort. It encompasses a wide range of services, similar to other countries:

  • Operation and Maintenance: Upkeep of building systems like HVAC, electrical, plumbing, and elevators.

  • Hard Services:  Maintaining the physical structure of the facility, including repairs and renovations.

  • Soft Services:  Cleaning, waste management, pest control, and security.

  • Real Estate Management:  Overseeing property taxes, tenancy agreements, and space planning.

  • Sustainability:  Implementing practices to reduce energy consumption and waste generation.

The Malaysian FM industry is growing, with a trend towards:

  • Integrated Facilities Management (IFM):  Providing a comprehensive range of services from a single provider.

  • Digital Transformation:  Utilizing technology for data-driven decision-making, automation, and remote monitoring.

Registering a Facilities Management Company in Malaysia

Registering a facilities management company in Malaysia doesn't involve a single process. Here's a breakdown of the key steps:

Company Registration:

  1. Business Structure: Choose a business structure like a Sdn Bhd (limited liability company).

  2. Company Name Check: Ensure your company name is available through the Companies Commission of Malaysia (CCM).

  3. Company Registration: Register your company online through CCM's MyCoID system. This involves submitting company information, director details, and statutory documents.

Professional Accreditation (Optional):

While not mandatory, consider accreditation for your company directors or technical personnel with the Construction Industry Development Board (CIDB). This enhances credibility, especially for F01 (Building) and F02 (Infrastructure) facility management specializations. Check CIDB's website for details on the "Pentauliahan Pengurus Pengurusan Fasiliti (FMM)" program

Professional Membership (Optional):

The Malaysian Institute of Property and Facilities Management (MIPFM) offers membership to qualified professionals. While not essential, it demonstrates commitment to the industry and provides access to resources and networking opportunities

Additional Considerations:

  • Business License: Depending on your specific services, you might need additional business licenses. Research requirements based on your location and offered services.

  • Professional Indemnity Insurance: Consider professional indemnity insurance to protect your company from liabilities arising from professional negligence.

Here are some resources to learn more about facility management in Malaysia:

How Bestar can Help

Bestar can assist you in registering a facilities management company in Malaysia:

  • Streamlines the Process: We can guide you through the company registration process, ensuring you complete all the necessary steps and submit the correct documentation to the Companies Commission of Malaysia (CCM).

  • Expertise in Regulations: We stay updated on regulations and requirements for business registration, saving you time and potential errors.

  • Cost-Effective:  Our services are typically less expensive compared to lawyers, especially for straightforward registrations.

  • Comprehensive Support:  Bestar offers in-depth advice on business formation, including choosing the most suitable business structure.

  • Contract Review and Drafting: We can review and draft contracts with clients, suppliers, and employees, ensuring they protect your business interests.

Choose Bestar:

  • Straightforward Registration:  For a standard facilities management company registration, consult Bestar.

  • Complexities or Legal Concerns:  If your situation involves unique structures, partnerships with foreign entities, or intellectual property concerns, consult Bestar.

Consult Bestar:  You can consider getting an initial consultation with Bestar. Bestar can handle the registration process.

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