Many business owners probably know that displaying their registered company name and number on physical signboards and office premises is a requirement. However, when it comes to their online platforms, such as websites and social media, it’s surprising how many of us forget to do so. Failure to comply with these requirements could result in additional measures taken by the Companies Commission of Malaysia (Suruhanjaya Syarikat Malaysia or SSM), which may include imposing a penalty up to RM50,000, a three-year imprisonment, or a combination of both.
Publication of company registered name and number on websites & social media
According to the Companies Act 2016 Section 30(2), a company needs to show its company registered name and number on various documents. This includes Company official publication including electronic forms, websites, financial documents like cheques and invoices, and all other business correspondence. It’s a legal requirement to have this information displayed.
As of May 7, 2020, new rules were introduced for online businesses under the Registration of Business (Amendment) (No.2) 2020. Now, if you’re running an online business, you’ve to displayed your business name and number on your website, social media platform, and any online marketplaces.
It’s time to ensure that your company name and registration number are visible on your online platform to avoid any penalty. Below is how SiteGiant practice it, you can take it as a reference.
How SiteGiant practices.
Stating the company name and registration number on your website and social media will help demonstrate transparency, enhance consumer buying confidence and avoid penalties by SSM.
Looking for Omnichannel eCommerce Solution to digitalise your business?
SiteGiant offers comprehensive Omnichannel eCommerce solutions, including Webstore, Enterprise Resource Planning (ERP), Retail POS, Warehouse Management System (WMS) and OMO Mobile Membership and Shopping App. These solutions will help you effortlessly expand your sales presence across multiple channels, such as a webstore, Lazada, Shopee, TikTok Shop, brick-and-mortar store and more.
1. SiteGiant Webstore Solution
Offering over 70 customisable webstore themes, SiteGiant allows businesses to create a distinct brand presence with personalized webstores, no coding skills needed. SiteGiant Webstore is SEO-friendly and comes with integrated payment gateway and logistics solutions.
2. SiteGiant Enterprise Resource Planning (ERP) Solution
A multichannel eCommerce ERP designed to streamline the daily eCommerce operations of MSMEs. It enhances efficiency in managing product listings, inventory control, order fulfillment, customer service, and accounting integration across various channels such as Lazada, Shopee, TikTok Shop, and more, all from a single platform.
3. SiteGiant Retail Solution
An integrated point-of-sale (POS) solution that seamlessly unifies retail and online sales, offering real-time inventory synchronisation to prevent out-of-stock situations and overselling.
4. SiteGiant Warehouse Management System (WMS) Solution
A smart warehouse management system that enhances overall warehouse operations and increases order fulfillment capacity by up to 300%, accommodating over 10,000 daily orders.
5. SiteGiant OMO Mobile Membership and Shopping App Solution
Empower your customers with a personalized shopping experience through custom shopping apps and easy membership registration, complete with rewards and points.
Interested to know more about our Omnichannel eCommerce Solutions? Get in touch with our eCommerce Consultant today!