The #1 alternative
Commenda vs MISHU vs 3E Accounting
In Malaysia a foreigner cannot run a Sdn Bhd without local infrastructure. All three set that up. The cost comes after.
Comparison at a glance
MISHU and 3E Accounting cover Malaysia. Commenda runs four suites across 70+ countries, so one platform takes you from your Malaysia entity to a full multi-country group.
Commenda
Global entity management software with complete compliance. Sets up your Malaysia Sdn Bhd (SSM registration, resident director, company secretary, registered address, bank account with a local authorizer) and runs it alongside entities in 70+ countries, with consolidation and transfer pricing.
MISHU
Malaysia digital company secretary. Sdn Bhd incorporation from about RM1,499, company secretary services, and a resident director service from about RM10,000/year plus a refundable security deposit. Operates in Malaysia. Suited to a Malaysia-only company that wants incorporation and ongoing secretarial work in one local portal.
3E Accounting
Malaysia CPA and corporate services firm. Sdn Bhd incorporation from about RM2,000, secretarial from about RM1,000/year, with accounting, tax, and a resident nominee director at additional, quote-based charge. Part of an international 3E Accounting network.
Feature comparison
Why we do it better
 | MISHU | 3E Accounting | |
|---|---|---|---|
| Starting price (incorporation) | $4,000 | from RM1,499 | from RM2,000 |
| SSM registration (Sdn Bhd) | |||
| Resident / nominee director | |||
| Director security deposit required | |||
| Company secretary (year 1 included) | Model-specific | ||
| Registered business address (yr 1) | |||
| Local corporate bank account | |||
| Annual Return & Financial Return (SSM) | |||
| Corporate tax (LHDN) & accounting | |||
| Employment Pass for foreign director | Model-specific | Model-specific | |
| Transfer pricing (cross-border + CbCR) | |||
| Multi-entity consolidation / audit trail | |||
| 100+ ERP integration support | |||
| Jurisdiction reach | Global, 70+ | Malaysia | Malaysia + network |
Built for different buyers
Pricing compared
Advertised rates as of June 2026. Competitor pricing changes often.
Commenda
$4,000incorporation, billed USD
- Includes year-1 registered address, company secretary, and bank account opening with a local authorizer
- Resident director $3,500/yr (no security deposit held); tax and accounting compliance $3,600/yr
- Malaysia entity set up and managed, plus the cross-border layer. Retires 3 to 5 vendors
MISHU
from RM1,499incorporation
- Resident director from about RM10,000/yr, plus a refundable security deposit from about RM5,000
- Company secretary and accounting available as ongoing services
- Malaysia only; Malaysia-domestic incorporation and secretarial work
3E Accounting
from RM2,000incorporation
- Secretarial from about RM1,000/yr; accounting and tax available
- Resident nominee director at additional, quote-based charge; RM10,000 deposit above RM500,000 turnover
- Part of an international 3E Accounting network; Malaysia-domestic services
How each model works
What's the difference?
How MISHU and 3E Accounting stack up against Commenda for entity management in Malaysia.
Commenda: Malaysia managed as part of your global group
- Sets up the Sdn Bhd (SSM registration, resident director, secretary, registered address, bank account)
- Then runs accounting, corporate tax (LHDN), SSM filings, and transfer pricing
- Consolidates Malaysia with your entities in 70+ countries; $4,000 incorporation, $3,500/yr director, no deposit
MISHU and 3E Accounting: Malaysia setup plus local secretarial and accounting
- Lower starting price for a single Malaysia company
- Resident director from about RM10,000/yr (MISHU) plus a refundable security deposit
- No cross-border consolidation or transfer pricing across a wider 70+ country group
Making a decision
Which one should you choose?
The right fit depends on your footprint and stage in Malaysia.
Choose Commenda if…
- You operate in Malaysia and at least one other country
- You want SSM registration, resident director, secretary, accounting, LHDN tax, and transfer pricing in one place
- You want a price stated plainly up front, with no security deposit on the resident director
Choose MISHU if…
- Malaysia is your only market
- You want a lower-priced digital company secretary handling incorporation and ongoing filings
Choose 3E Accounting if…
- Malaysia is your only market
- You want a local CPA firm handling incorporation, secretarial, accounting, and tax together
Common questions
A foreigner can own 100% of a Sdn Bhd, but every Sdn Bhd must have at least one director ordinarily resident in Malaysia, a licensed Malaysian company secretary, and a registered Malaysian address. All three providers supply a resident (nominee) director and the local infrastructure to incorporate.
For a Malaysia-only company, MISHU and 3E Accounting have a lower starting price and bundle local secretarial work. Commenda is the better fit for a cross-border group: it manages Malaysia alongside entities in other countries, with transfer pricing and consolidation, on a price stated plainly up front.
It varies by provider. MISHU's resident director service starts at about RM10,000/year plus a refundable security deposit from about RM5,000; 3E Accounting prices it on quote with a RM10,000 deposit above RM500,000 turnover. Commenda's resident director service is $3,500/year, subject to KYC approval, with no security deposit held.
Yes, a local corporate bank account is required for a Sdn Bhd. Commenda facilitates opening with a local authorizer; the bank's own KYC can take up to two months.
Incorporation (name reservation through Certificate of Incorporation) is about 1 to 2 weeks with Commenda. The corporate bank account is separate and can take up to two months, subject to bank KYC.
100 questions, from real customer calls.
The questions finance teams actually ask about entity management: EINs for non-residents, Delaware vs Wyoming, cleaning up the entities a previous provider left behind, and more. If you're looking for something, you'll find it here.
