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1. Name Clause: States the company's name and registration details as approved by the Companies Commission of Malaysia
2. Registered Office Clause: Specifies the location of the registered office in Malaysia
3. Objects Clause: Details the primary and secondary business objectives, focusing on software development activities
4. Liability Clause: States that the liability of members is limited by shares
5. Share Capital Clause: Specifies the authorized share capital and types of shares
6. Subscription Clause: Details of the initial subscribers and their share subscription
7. Business Powers: Lists the powers of the company to carry out its software development business
1. Technology License Provisions: Include when the company plans to license its software or technology to third parties
2. Intellectual Property Rights: Detailed section on IP ownership and protection when the company expects to develop proprietary software
3. International Operations: Include when the company plans to operate across multiple jurisdictions
4. Research and Development: Add when the company will have significant R&D activities
5. Digital Assets Management: Include provisions for managing digital assets when dealing with cryptocurrencies or digital tokens
6. Data Protection Compliance: Additional provisions for companies handling sensitive personal data
7. MSC Status Provisions: Include when the company intends to apply for MSC Malaysia status
1. Schedule 1: Share Capital Structure: Detailed breakdown of share classes and rights
2. Schedule 2: Initial Subscribers: Details of founding members and their shareholdings
3. Schedule 3: Business Activities: Comprehensive list of permitted software development and related activities
4. Schedule 4: Intellectual Property Assets: List of initial IP assets and their ownership status
5. Schedule 5: Corporate Governance Framework: Detailed governance structure and procedures
6. Appendix A: Technical Infrastructure: Overview of initial technical setup and infrastructure
7. Appendix B: Compliance Requirements: List of regulatory compliance requirements specific to software development
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