Company Seal Makers in Malaysia
What is Company Seal?
A company seal (sometimes referred to as the corporate seal or common seal) is an official seal used by a company. Company seals were predominantly used by companies in common law jurisdictions, although in modern times, most countries have done away with the use of seals.
With effect from 31 January 2017, Malaysia companies is no longer required to use the common seal in the execution of documents as a deed, or other documents such as share certificates. Companies can execute documents by having them signed by the Authorised persons of the companies as follows:
Authorised persons for companies
- Two (2) *authorised officers, one (1) of whom shall be a director; or
- In case of sole director, by that director in presence of a witness who attests the signature
* Authorised officers means the director, secretary or any other person approved by the Board of Directors.
For existing companies that wish to do away with the use of its common seal, the Constitution of the Company will have to be amended to remove the requirement to use the common seal.