MALAYSIA BIZBLOG
Office: +60358856648 | Advisory: +601126664168
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Office: +60358856648 | Advisory: +601126664168
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Embarking on a palm oil business venture in Malaysia holds immense promise amidst the nation's robust industry landscape. Malaysia's strategic position as a leading palm oil producer and exporter offers lucrative opportunities for investors seeking to capitalize on this thriving sector. In this article, we explore the dynamics of establishing a palm oil company in Malaysia and how Lim & Ani Associates can provide invaluable assistance in navigating the intricacies of business setup and operation. Understanding the Palm Oil Industry in Malaysia: The palm oil industry serves as a cornerstone of Malaysia's economy, contributing significantly to GDP, employment, and export earnings. With extensive plantations sprawled across regions like Sabah, Sarawak, and Peninsular Malaysia, the country boasts a well-developed supply chain encompassing cultivation, processing, and distribution. Palm oil, prized for its versatility in food, cosmetics, and biofuel applications, enjoys strong global demand despite environmental scrutiny and sustainability challenges. Regulatory Framework and Compliance: Establishing a palm oil business in Malaysia entails adherence to a comprehensive regulatory framework governed by authorities such as the Malaysian Palm Oil Board (MPOB) and the Roundtable on Sustainable Palm Oil (RSPO). Compliance with industry standards, environmental regulations, and sustainability criteria is paramount for long-term success and market acceptance. Lim & Ani Associates offers expert guidance in navigating regulatory requirements, securing permits, and ensuring compliance with relevant laws and standards. Lim & Ani Associates specializes in providing end-to-end support for entrepreneurs and businessmen looking to establish palm oil businesses in Malaysia. Our comprehensive suite of services includes:
Navigating the complexities of establishing a palm oil business in Malaysia requires expertise, diligence, and strategic foresight. Lim & Ani Associates serves as a trusted partner for entrepreneurs and investors, offering unparalleled support in business setup, regulatory compliance, and sustainable development. With our comprehensive range of services and industry insights, clients can confidently embark on their palm oil ventures, realizing the full potential of Malaysia's dynamic and lucrative market landscape. Our advisory line +601126664168 (whatsapp available) We are providing full company setup, business license process, business setup, business bank account opening, accounting, audit, taxation, ESD (expatriate service division) license process, and business visa application advisory. Our company registration consultancy package includes:
Contact & Email us for services price quotation at [email protected] WHY MALAYSIA IS SECURE BUSINESS HEAVEN NOW Malaysia has emerged as a secure business haven for numerous reasons. Firstly, its robust and resilient economy has withstood the test of time, even during the global recession of 2009. This economic stability provides a solid foundation for businesses to thrive. Another advantage of Malaysia is its multicultural and multinational population, which creates a diverse market with constant demand. Moreover, Malaysia boasts a thriving online market with an active customer base, making it an ideal environment for businesses operating in the digital realm. Additionally, the Malaysian government's unwavering support and assistance contribute to the security of investing in the country. The government offers incentives and aid to businesses, while the banking sector provides reliable financial support for investment endeavors, ensuring a secure environment for investors. Malaysia is also renowned for its emphasis on security, respect, and the warm nature evident in daily life. This welcoming and safe atmosphere attracts investors and their families, making Malaysia an appealing location for both business and personal reasons. Furthermore, Malaysia offers a wide range of business opportunities across various investment budgets, ensuring that foreign investors can find genuine and profitable investments that align with their financial capabilities. The goal is to foster mutual growth and success between investors and Malaysia as a nation. In conclusion, Malaysia's strong economy, government support, cultural diversity, secure environment, and inclusive investment opportunities make it an attractive destination for foreign investors seeking profitable business ventures and a brighter future for themselves and their families. Call, Email or text us & take an appointment from the website to visit our office in Malaysia. LIM & ANI ASSOCIATES SDN BHD Call: +601126664168 Call: +60108242527 Call: +603-58856648 (office landline) Email: [email protected] www.mbbusinessjoint.com
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Certainly! Starting a business in Malaysia this 2024 can indeed be a lucrative decision. Malaysia has established itself as an attractive destination for investment and business opportunities in recent years. The country's strong economy and business-friendly environment have contributed to its appeal to both local and foreign entrepreneurs. Here are top 15 most profitable business ideas for you to consider:
Remember, certain businesses are restricted for foreigners, such as petrol stations, spas, cybercafes, jewelry shops, and pubs and bars. To start or buy a business in Malaysia, you'll need business licenses. It's also important for foreigners to have a private limited (Pvt. Ltd.) or SDN BHD company. Consulting with experienced professionals for company registration, bank accounts, business licenses, accounting, tax, and investment advice can be helpful. Our company registration consultancy package includes:
Contact & Email us for services price quotation at [email protected] WHY MALAYSIA IS SECURE BUSINESS HEAVEN NOW Malaysia is currently considered a secure business haven for several reasons. Firstly, Malaysia has had a strong and resilient economy in Asia and the world, evident in its ability to survive and thrive during the global recession of 2009. This stability provides a solid foundation for businesses to flourish. One key advantage of Malaysia is its multicultural and multinational population, which creates a diverse market with constant demand. Additionally, Malaysia has a robust online market with an active customer base, making it an ideal environment for businesses operating in the digital space. Furthermore, the Malaysian government's support and aid contribute to the security of investing in the country. The government provides assistance and incentives to businesses, and the banking sector offers reliable financial support for investment endeavors, ensuring a secure environment for investors. Malaysia is also known for its emphasis on security, respect, and the loving nature evident in daily Malaysian life. This welcoming and safe atmosphere attracts investors and their families, making Malaysia a desirable location for both business and personal reasons. In addition, Malaysia offers a wide range of business opportunities across various investment budgets. This inclusivity ensures that foreign investors have the opportunity to make genuine and profitable investments that align with their financial capabilities. The goal is to foster mutual growth and success between investors and Malaysia as a nation. Overall, Malaysia's strong economy, government support, cultural diversity, secure environment, and inclusive investment opportunities make it an attractive destination for foreign investors who seek profitable business ventures and a better future for themselves and their families. Our advisory line +601126664168 (whatsapp available) Call, Email or text us & take an appointment from the website to visit our office in Malaysia. LIM & ANI ASSOCIATES SDN BHD Call: +601126664168 Call: +60108242527 Call: +603-58856648 (office landline) Email: [email protected] www.mbbusinessjoint.com Homestays are one of the most popular and profitable businesses in Malaysia. Many travelers are interested in homestays rather than regular hotels due to the amazing benefits a homestay offers. A homestay business is when you rent out a room or space to others who are around the area and monetize it commercially. Homestay businesses don’t offer luxurious stays like hotels would, but rather a local experience showcasing the culture. The homestay market has been on the rise in recent years after the epidemic and travelers are looking towards a more localized and non-expensive experience rather than what a luxury hotel can provide. Homestay business allows you to earn an income with a budget investment. It doesn’t require much work either as you’ll only be renting a few spaces. When you’re hosting international guests from all over the world, it gives you a chance to get to know a vast amount of people. Being a host is a technical business. It requires a few significant skills such as marketing, finance, communications, and customer service. If you are planning to start a homestay business in Malaysia, you have to keep a few things in mind to follow! First of all, you will need a company in Malaysia to start your own homestay business, for business licenses, banking, and renting issues. We are assisting with a full homestay company registration and setup services, for better papers and legal business setup. We ensure your company is fully homestay business startup-ready. Kindly check this link for our company setup package details and fee: www.mbbusinessjoint.com/company-services.html 1. You need to know the space you’ll rent out to your guests. A condo flat or apartment flat, bungalows, living, drawing, dining, bedrooms, kitchens, and separate washrooms. You can rent out as much space as you can, but the services should be standard to draw more customer attention. 2. For homestay business in Malaysia, you will need to have your landlord’s permission to do so, if it’s not your residential property. You can just follow the hosting rules stated on your listing website such as Airbnb or Booking dot com. Also, need to consider Tourism Malaysia's rules and policies to be more legalized and safe. 3. You will require a few necessary amenities to run a fully equipped homestay. Some of the common basic amenities include toiletries, towels, pillows, bed linens, blankets, a freezer, a TV, and a Wi-Fi connection. Make sure your property is clean, tidy, and hygienic to get good reviews, some times Fewer amenities are covered with a good environment and hygiene. Also, you can add some kitchen items, if your customers feel free to keep them if they are having a long stay. 4. Make sure you have a proper system and in-house rules, because high noises or parties can make trouble for you in rented places from other flat owners or landlords. You can’t allow guests to throw a party or simply cause a huge mess in your homestay. Make sure your guests can check your in-house rules on your website, listing websites, or social network pages, and it's well documented. Make sure that your guests can communicate easily if there are any inquiries or need for assistance. If guests can communicate with you easily, they’ll feel more comfortable knowing they can simply reach you at any time needed. 5. Make sure you have a good marketing policy, without any proper marketing or promotion strategy, no one will know about your business! The best way to promote your homestay would be to make a marketing strategy with a proper market strategy and target customer analysis. You have to try listings such as Airbnb, Agoda, and Booking. Be sure to set up social media pages for your homestay business as well, so your customers can easily know about you, find you, and contact you. Try to give your client a better first impression with good marketing and post-stay experience with follow-ups, greetings, offers, vouchers, or small souvenirs. Be more humble with luggage carriers, and local guidance by showing better places to eat or shop, be available 24/7 for any emergency, etc. Few things you have to keep in line and ready before starting your homestay business: 1. Finding a good location to get rental properties where you can get better bookings and around attractive tourist locations. 2. A proper organizational setup with an SDN BHD company for renting and license issues and to open a business bank account so you can get online and card payments. 3. Need MOTAC registration and local council licenses which we arrange for our clients. We assist in applying and advisory. 4. Accounting is a crucial thing, we are also providing bookkeeping, accounting, audit, and taxation services. 5. Should have a proper marketing budget for online marketing. 6. Staff for cleaning and managing or hire cleaning companies for regular cleanings to make your services more tidy and attractive. 7. Add safety measures such as; medical kits, fire extinguishers, digital locks for extra security, and phone lines for effective connection (most of the internet lines in Malaysia come with a phone line). 8. Also can add up some local guide services, catering services, or transport services to get some extra profits, which papers and setup we can also assist. 7. Also make sure all rentals and utilities are paid on time so customers don't face any trouble, always save some funds for adding another flat to expand your business slowly.
Contact and email us for service price quotation Email: [email protected] WHY MALAYSIA IS SECURE BUSINESS HEAVEN NOW Malaysia is one of the strong economic powers in Asia & the world, even surviving very well in the global resection of 2009. With a multinational population, there is always market demand, most importantly Malaysia is among those countries that have a very powerful online market with an active customer base & because of government aid, banking aid investing is more secure in Malaysia. This is why, investors from all over the world come to Malaysia with family & kids because of security, respect & loving nature which are the best gift of daily Malaysian life, which is hard to find in many other countries in the world. Invest in Malaysia, as a foreign direct investor for a better future & family. We are offering many business varieties in various investment budgets for foreign investors to make a profitable business investment as per their budget, so everyone gets a fair chance to make genuine investments & business survival in Malaysia, to grow together with Malaysia. Our advisory lines +601126664168 (whatsapp available) | +60108242527 (whatsapp available) Call, Email, or text us & make an appointment from the website to visit our office in Malaysia. LIM & ANI ASSOCIATES SDN BHD Call: +60108242527 Call: +601126664168 Call: +603-84081680 (office landline) Email: [email protected] www.mbbusinessjoint.com
The restaurant business is never too easy to run but in Malaysia, where eating out is a part of the national culture, is heaven for restaurant business investment for any national & international businessman.
More than 2000 restaurants got closed in the Malaysian lockdown period within 2 years. Where now total vacant place in the restaurant business industry is more than 5000 shops. This is the best time to use this opportunity to start your franchise restaurant to ensure profit and steadiness. Malaysia's food service market size was USD 15.2 billion in 2021, so you can be a part of this industry too. We have a Malaysian traditional coffee shop (Halal Chinese coffee shops) franchise option for our clients, which is an easy-maintaining breakfast, lunch, and dinner hit with few traditional items without any hassle or issues, the main hassle for a restaurant business is finding the best chefs, design, and branding, which we clear you for best profit assurance. Today we will explore the new opportunity that showed up in the restaurant business industry after covid-19 lockdowns. We will check on both digital app-based & dine in based restaurant opportunities. Planing The best thing to do before opening a restaurant is to have a clear plan that maps out all of the essential components of your business. The F&B industry is not only profitable but is also extremely competitive, and entering the scene without a concrete plan is a mistake. You need to be prepared by having a clear plan and includes the most important areas, such as:
Financing No business can open, let alone operate, without money. Having funding planning is a must to get your restaurant started. When opening a restaurant in Malaysia, this is what you need to know from a financial point: 1. The cost of opening and operating your food business. 2. What the costs include—this requires breaking down exactly what you need money for, including rent, staff, equipment, etc. 3. Fund rolling. Company and licenses Registering a business in Malaysia requires many steps before you can open a restaurant. To make it easier, we’ve summarised the main ones here:
Location Location is one of the most important role players in restaurant business profit. That’s because having the ideal location is key when opening a restaurant in Malaysia. Whether you have a dine-in eatery or offer delivery-only. These are the factors to consider when deciding where you’re going to set up shop: 1. Which area offers the most business potential? 2. Who is your target audience? 3. How many competitors already do business in that area? Hire staff & chef A company is only as good as its employees. That’s why choosing the right team is so important. Not to mention, that staffing accounts for a major part of your operational costs. Here are some of the main points to ask yourself when tackling this vital step: 1. How many employees do you need to run your restaurant? 2. What positions are the most critical to the restaurant’s success? 3. How will you train the staff and what does the training process entail? Where provide full support to our clients to find a chef and other workers in Malaysia locally or to recruit from other places. Marketing Competition in the restaurant business is as high as in any other business. This makes marketing all the more important if you want to gain more profit and branding! To establish your presence and stay ahead, make sure you’re leveraging the following marketing techniques:
Our restaurant franchise is the best option in that case of branding and marketing value, with our expert marketing team. Food delivery-based restaurants & coffeeshops The food industry business financials increased between 16 and 70 percent and consumers expressed their interest to continue shopping online in this new post covid-19 times. The statistics say right now in Malaysia;
A budget of approximately RM 150,000 is enough to start an online supply-based catering/food delivery business. We are providing a full set of company registration, business setup, investment planning, online marketing, technological arrangement, business licenses, market research, business management & accounting services for you. Also, we are offering business strategies-based risk management services such as; Hygienic practices Malaysia is mostly vaccinated right now & government SOPs are so strong. If you maintain a clean kitchen following all vaccination & health SOPs, you can gain more consumer trust. We are offering a full company, licenses, documents, management & risk factors planning services in Malaysia Local "Near Me" Searches Nowadays google & other search engines "Near Me" option that is very effective, most users & drivers are using this option. A good optimization can bring you more business. Where we can help you to make a good "Near Me" visibilities. Food Delivery System Delivery is the life source of the online food business industry, if you are not using any third-party app or delivery system, it's a must for you to maintain a good food delivery system. Which can help you to gain more profit & faster delivery can bring more value with trust. You can hire your rides or rider companies to work for you, and our advisors can help you to choose the better option as per your investment, market & needs. Dine -in based restaurants & coffeeshops As per thestar.com.my report, more than 2000 restaurants & coffee shops have closed down. It's a good time to fill in the blank market & use the investment profitably, as restaurants will always prevail until we are alive to eat. A budget of RM 150,00 to RM 200,000 is enough to start a restaurant business in Malaysia at this moment. We are offering a full restaurant franchise setup including above all RM 200,000 only. To start a business or buy a business in Malaysia you will need business licenses, specially if you are a foreigner, it's a must to have a Pvt. Ltd. or SDN BHD company. We are processing company registration, bank account, business licenses, accounts & taxes for you as experienced accountants, tax advisors, SST advisors & business investment advisors.
Our advisory lines
+60172041317 (whatsapp available) | +60108242527 (whatsapp available) Why Lim & Ani Associates Sdn Bhd We are providing one of the best business setup & company registration services in Malaysia, with experienced & licensed company secretaries, professional accountants, auditors, tax & SST experts, and business advisors - a one-stop business solution in Malaysia. As one of the best leading corporate advisors, we are offering the services below as per the business act 2016 & Malaysian Government policy;
Call, Email, or text us & take an appointment from the website to visit our office in Malaysia. LIM & ANI ASSOCIATES SDN BHD Call: +601126664168 Call: +60108242527 Call: +603-58856648 (office landline) Email: [email protected] www.mbbusinessjoint.com
In the year 2023 starting a business in Malaysia is one of the best decisions you could make, The country has seen tremendous growth in recent years, and has made its name as one of the best places to invest for business and register a company.
Malaysia has been awarded as the best investment country in the world for 2019 & 2020 by the CEOworld report and got Standard Chartered Group research recognition as one of the best business-friendly countries in Asia and the world. Today we will check the best profitable businesses in Malaysia 2023. The country is open for small, middle & big ventures with good returns. The steady and business-friendly economy of Malaysia has attracted many foreign and local investors. Many people who want to start a business in Malaysia are confused about – what type of business they should start in this post covid marker. To help you to decide, this business blog is going to describe some of the top best profitable business ideas in Malaysia for the year 2023, we can also help you to find a business for sale in Malaysia or take over a running business. 1. General trading Most of the FDI is coming in the Export & Import section. From garments to vegetables everything is being exported & imported from all around the world. For medical supplies & food supplies, trading is a very profitable option. With a good office setup, enough capital, storage & licenses you can also start this business for a better investment in Malaysia. We can help you with setup, papers, licenses, ERC & IRC, customs & other all. We also encourage new entrepreneurs to come into this business for a better ROI. 2. IT Business For the last few years, Malaysia Govt. giving a very good chance for IT Engineers, as Prime Minister Tun Dr. Mahathir bin Mohamad started MDEC in 1996 & Cyberjaya facility boosted it most. We are also encouraging investment in Hardware, Software & CRM sectors. We are providing an A to Z facility for our clients to start IT businesses including Taxation & other facilities. 3. Online shop In addition, an online shop is also a very good business idea, You can easily sell items on online platforms like Shopee, Lazada, and many more in Malaysia. This opens up a million ringgit business market for you without any shop setup and at a low expense. 4. Car wash & Automobile Malaysia’s automotive industry is very successful. In addition, the country is the 22nd largest automotive manufacturer in the world. In Malaysia, most people use their private car that's why car washes & auto service workshops have a good profit scope. Vehicle registrations in Malaysia reach 31.2 million units as of 2019. You can get branded car wash franchise as we provide advisory for franchises & to do smart profitable investments with our proven successful client histories. 5. Super shops/Mini Mart/Departmental store Departmental stores or Kedai Runchit, Pasar Mini, etc are very popular & stable investments in Malaysia among foreign investors. Can start with a Minimum investment of RM 100,000 and with small sizes. For better profit also can do the following Franchise Departmental Store models, such as 7 Eleven, MY 168 MART, etc. But according to DBKL rules 2020, a local director in the company is a must to open a store in Malaysia & get business licenses. We also have a running business for sale in Malaysia to buy & invest in legal papers & security. 6. Small restaurant or cafe & food supply In this present economic situation, we will strongly suggest a small size multi cousin restaurant or an online food supply business. We know that Malaysia is a tourist country. The restaurant is one of the best businesses in Malaysia if you can start smartly with money. A local Malaysian director is a must for restaurant business licenses. 7. Tourism Malaysia is a tourism-dominated economical country, this leaves tremendous benefits to make investors in the nation’s tourism division. A good budget can open a tourism business, can build, air-ticketing, medical tourism, hotel, guest house, homestay, inbound tour guide centers with car rentals, etc. 8. Construction or real estate business As a populated country, the real estate business is a very profitable business to invest in. In Malaysia, there is a lot of land to develop & lots of clients to pay for construction projects. In Malaysia, the construction or real estate business generated RM 16,656 Million of the GDP in the first quarter of 2019. As we have well experience in the Malaysian real estate business sector, we are successfully processing construction company setups for our clients including CIDB license process guidelines. 9. Garment/clothing/fashion The people of Malaysia are very fashionable. A retail fashion clothing store in a commercial location can bring good profits. Especially if you have a production line or garments factory you can make more profit. Setting up a clothing brand in Malaysia is quite easy, we are helping with the full business setup process. 10. Cleaning business Because of the present world health situation & health safety, cleaning & disinfection services are very profitable & on-demand. We can assist you to start your own cleaning company where you can do a cleaner supply business also. 11. Online supply & wholesale business Online business is a new normal, trading & shopping are mostly being done in online markets, apps & websites. The supply chain also got online, we are also helping clients & investors to cope with the new normal. Which is less hectic, budget-friendly & easy to operate. Our experienced advisors are always here to guide & transform. 12. Oil & Gas business Oil and gas are the promising industry of the country. Malaysia is an exporter of petroleum products and natural gas. So it's easy to start a business in this industry. There are several business opportunities for small and medium businesses. 13. Mobile & Accessories The Mobile & accessories business has high potential in Malaysia. Usually, Malaysians are more into new models & trending accessories. The mobile phone accessory industry is growing fast in these parts. 14. Car rental business The car rental business is very popular in Malaysia. Starting a car rental business here can be a profitable investment. We are providing car purchase & full business setup facility. 15. Airbnb and guest house business Malaysia is a tourist county & tourists nowadays are more and more preferring Airbnb for short & long stay accommodation. If you have a property rental or leased property near a tourist destination, can rent it on Airbnb for an easy & profitable business. Few more small business ideas in Malaysia
Few businesses that foreigners are not allowed to do
To start a business or buy a business in Malaysia you will need business licenses, specially if you are a foreigner, it's a must to have a Pvt. Ltd. or SDN BHD company. We are processing company registration consultancy, bank account, business licenses advisory, accounts & taxes for you by our experienced partner & associate accountants, tax advisors, SST advisors & business investment advisors.
Our company registration consultancy package includes:
Contact & Email us for services price quotation with discount facility for covid-19 situation! Emali: [email protected] WHY MALAYSIA IS SECURE BUSINESS HEAVEN NOW Malaysia is one of the strong economic power in Asia & the world and even survived very well in the global resection of 2009. With a multinational population, there is always market demand, most importantly Malaysia is among those countries that have a very powerful online market with an active customer base & because of government aid, banking aid investing is more secure in Malaysia. This is why, investors from all over the world come to Malaysia with family & kids because of security, respect & loving nature which are the best gift of daily Malaysian life, and is hard to find in many other countries in the world. Invest in Malaysia this 2022, as foreign direct investment for a better future & family. We are offering many business varieties in various investment budgets for foreign investors to make a profitable business investment as per their budget, so everyone gets a fair chance to make genuine investments & business survival in Malaysia, to grow together with Malaysia. Our advisory lines +60108242527 (whatsapp available) | +601126664168 (whatsapp available) Call, Email or text us & take an appointment from the website to visit our office in Malaysia. LIM & ANI ASSOCIATES SDN BHD Call: +601126664168 Call: +60108242527 Call: +603-84081680 (office landline) Email: [email protected] www.mbbusinessjoint.com
As one of the fastest growing countries, in Malaysia, the residential cleaning demands are increasing, as both spouses are working outside nowadays to increase the household income. Nowadays, many people are depending on part-time cleaners, that's why cleaning agencies or cleaner supply businesses is being very profitable in Malaysia.
You have to understand the requirements of the cleaning business and your capability. You need to make a plan and execute it step by step. If your interest is starting a cleaning services company in Malaysia, then we can assist you perfectly. Let's check on the steps mandatory to plan before starting a cleaning business. You need to understand the requirements of the business and your capability. You need to make a plan and execute it step by step. If your interest is starting a cleaning services company, then you are in the right place. Company, name, and Logo The first thing you will require is an SDN BHD (Pvt. Ltd.) company to start a cleaning or cleaner supply agency, where business advisories like us - Lim & Ani Associates, provides a full company setup service package according to your needs. A better company needs a name and logo. You should choose a few names related to your business to make it a brand. The name should sound like a cleaning business, and it should create a picture in the mind of the reader. Chose the types of cleaning services You can choose from many types of cleaning services such as carpet cleaning, house cleaning, office cleaning, part-time maid service, etc. You can provide all services from the same agency or choose a few particular options to offer. Let's check out some major and profitable sectors;
Licenses and insurance for cleaning services You will require a company license, bank account, nearest city corporation licenses, and insurance to keep your business and customers' properties safe. People only prefer those cleaning companies that have insurance. Hiring trained cleaners A better cleaner agency should have a strong team of qualified cleaners, who are experienced and well trained, we can assist you to find better cleaning staff, training, and resource from manpower agencies. Well equipped A better cleaning agency should have all the modern cleaning types of equipment and handy items to make the services more up to the mark, and customers also get attracted to the cleaning agencies who are providing better types of equipment at standard rates. Website and online marketing People usually search on the internet to find any service. The same is the case with cleaning services. It’s better to make a website and social media pages. This will increase your presence, and people will be able to contact you directly. Make sure to have a business email that sounds the same as your business name also add WhatsApp or mobile numbers for the convenience of your customers. Marketing and promotion Marketing is the most crucial part of flourishing your business. No matter whether you are an expert or you provide excellent service, if people don’t know about your company, then you won’t get any customers. You need to focus on online, offline, and practical marketing. Our expert marketing advisors will assist with your marketing needs and planning. We ensure your best ROI on marketing investment. Transport for cleaners One of the most important parts of a cleaning agency is the transport to cover the fastest delivery of services, a successful cleaning agency must be punctual with their services, a staff microbus or few small cars with drivers and logo are one of the most essential parts. As the owner's directors can drive them too if they have a large personal vehicle. In a word, we can assist you to start a profitable cleaning business in Malaysia within a budget of RM 100,000 to 150,000 and also get contracts, clients/customers, staff resourcing, proper equipment, and marketing planning. Contact & Email us for services price quotation Email: [email protected] WHY MALAYSIA IS SECURE BUSINESS HEAVEN NOW Malaysia is one of the strong economic power in Asia & the world, even surviving very well in the global resection of 2009. With a multinational population, there is always market demand, most importantly Malaysia is among those countries that have a very powerful online market with an active customer base & because of government aid, banking aid investing is more secure in Malaysia. This is why, investors from all over the world come to Malaysia with family & kids because of security, respect & loving nature which are the best gift of daily Malaysian life, which is hard to find in many other countries in the world. Invest in Malaysia this 2022, as a foreign direct investment for a better future & family. We are offering many business varieties in various investment budgets for foreign investors to make a profitable business investment as per their budget, so everyone gets a fair chance to make genuine investment & business survival in Malaysia, to grow together with Malaysia. Our advisory lines +60172041317 (whatsapp available) | +60108242527 (whatsapp available) Our company registration consultancy package includes:
Call, Email, or text us & take an appointment from the website to visit our office in Malaysia. LIM & ANI ASSOCIATES SDN BHD Call: +60108242527 Call: +601126664168 Call: +603-58856648 (office landline) Email: [email protected] www.mbbusinessjoint.com
Nowadays car rental business is one of the best profitable investment options in Malaysia. specially in an international business country like Malaysia, with vast market demand for rentals as its cheaper to rent anything & temporary for easy disposal. Today let's check out car rental business investment and procedure, we help you to start & set up in Malaysia profitably.
The car rental business is one of the best rental investment options. Many people & business requires rental car services, which have a good market demand if can be managed properly. With a fleet of 5 to 10 cars, anyone can start a profitable car rental business, where we provide company, legal business licenses, car purchase, car registration, and driver & business setup advisory services. Malaysia is a big country multi states with multi national population and as a leading tourist county, the necessity for car rental is high. Often locals travel from state to state and hire cars in their destination places, tourist and students also rent cars as temporary solutions. COST OF CAR RENTAL IN MALAYSIA 1. Small cars - Cars like Proton Saga and Perodua Bezza can cost around MYR 130 per day. Nissan Almera should cost you about MYR 155 per day. Toyota Vios and Honda City cost a bit higher - somewhere around MYR 190 per day. Toyota Innova falls in the higher segment and is likely to cost you MYR 340 per day. 2. Automatic and premium cars - Automatic cars will cost you around MYR 127 to MYR 323 per day. Small and medium cars are more or less of the same range. Sedan and premium cars cost somewhere around MYR 325 to MYR 340. 3. Luxury cars - High-end cars like Audi are likely to cost MYR 2000 per day. Car rental for the BMW series starts from MYR 1300 per day. Ferrari rental is somewhere around MYR 5000 per day. Mercedes rental is around MYR 2000 per day. Porsche rental will cost you around MYR 1800 per day. Per-day rental for Rolls Royce ghost will be around a ghastly amount of MYR 7500. Service providers include basic damage protection, basic theft protection, and taxes. However, the base rates neither include security deposits nor the cost of fuel. The terms and deposit amount may differ from one service provider to another. POLICIES TO KNOW 1. Driver's License & Age - The drivers and hirer must be between 23 and 65 years of age and must possess a valid driving license in Malaysia or a valid international driving license with at least two years of driving experience. Malaysian "P" license is not accepted. 2. Rates - Rates are quoted in Ringgit Malaysia. Daily Car Rental Malaysia rates cover a full 24 hours with unlimited mileage. The excess hour is calculated at 1/5 of the daily rental rates. Rental rates are subject to 5% government tax. 3. Minimum Rental Period - A minimum Car Rental Malaysia period of 3 days is applicable. 4. Insurance - Rates include unlimited liability insurance coverage of third-party bodily injuries and passenger risk and third-party property damage up to RM 100,000. 5. CDW - Vehicle insurance carries an excess of RM 2500 for group A, RM 3500 for group B, and RM 4500 for Group C for every accident causing damage to the rented vehicle, loss of car by fire, and theft will be the hirer's full responsibility and liability. 6. Car-rental Licenses - The car rental business requires a registered company (SDN BHD) in Malaysia for foreign investors, locals can operate with enterprise or sole proprietorship licenses also. An SDN BHD company is a private limited company where we can assist you with company incorporation, licenses, business planning, management, accounting, and audits. There are 2 types of car rental business licenses in Malaysia;
CAR PRICE IN MALAYSIA Car prices in Malaysia are quite cheaper than in other Asian countries, one can get a second-hand mint condition car from RM 30,000 to RM 100,000 depending on size, company, and model. Brand new cars can get from RM 60,000 to RM 200,000 or more. Even a small fleet at least for car rental business should be with 2 to 4 cars. In that case, the budget should be from RM 150,000 to 400,000. Depending on your earning expectations and capital capacity, usually, a car rental business profit margin in Malaysia is 5% to 10%. We are assisting our investment clients with car rental company setup, car rental business licenses, car purchase, hire drivers, car insurance, car rental business apps and IT support, marketing and corporate rental attachment, business management, accounting, and audit. To start a business or buy a business in Malaysia you will need business licenses, specially if you are a foreigner, it's a must to have a Pvt. Ltd. or SDN BHD company. We are processing company registration consultancy, bank account, business licenses advisory, accounts & taxes for you by our experienced partner & associate accountants, tax advisors, SST advisors & business investment advisors. Our company registration consultancy package includes:
Contact & Email us for services price quotation Email: [email protected] WHY MALAYSIA IS SECURE BUSINESS HEAVEN NOW Malaysia is one of the strong economic power in Asia & the world, even surviving very well in the global resection of 2009. With a multinational population, there is always market demand, most importantly Malaysia is among those countries that have a very powerful online market with an active customer base & because of government aid, banking aid investing is more secure in Malaysia. This is why, investors from all over the world come to Malaysia with family & kids because of security, respect & loving nature which are the best gift of daily Malaysian life, which is hard to find in many other countries in the world. Invest in Malaysia this 2020, as foreign direct investment for a better future & family. We are offering many business varieties in various investment budgets for foreign investors to make a profitable business investment as per their budget, so everyone gets a fair chance to make genuine investment & business survival in Malaysia, to grow together with Malaysia. Our advisory lines +60108242527 (whatsapp available) Call, Email or text us & take an appointment from the website to visit our office in Malaysia. LIM & ANI ASSOCIATES SDN BHD Call: +60108242527 Call: +601126664168 Call: +603-58856648 (office landline) Email: [email protected] www.mbbusinessjoint.com
Most investors ask for the best investment sector or global business sector in Malaysia with the best facilities, where we mostly suggest the ICT sector. We will discuss the existing information and policies regarding the ICT sector, authorities, and other sides. Also, how can we assist you in this whole process of invest in Malaysia ICT business for easy visa and free tax facility 2022.
Let's get some background first on our terms of discussion:
What is the eligibility to get MSC status?
Companies must have activities from the list below
Benefits of MSC Status Company for Foreign Investors in Malaysia With technology and tech-based investments as a new profitable investments, it is clear that FDI (foreign direct investment) into Malaysia will increase. MSC is an important investment attraction strategy that is contributing to Malaysia's economic growth, foreign investment inflow, job creation, and infrastructure development. Foreign investment in ICT sector increased to RM30.2bil in the first nine months of 2021 from RM14.6bil in 2020. MSC Status Companies are getting many benefits, rights, and privileges. Below benefits are granted by the Malaysian Government under the 10 Bills of Guarantee ("BOG") as follows:
Living and visa status Also, it's very easy to get expatriate status through companies registered with MDEC or has MSC status. Foreign investors can get living or residential visas with their families to live in Malaysia and persuade their business and also recruit foreign technocrats as per their business requirements, which is much easier than in other sectors. With MSC Status, companies can enjoy a pioneer status ("PS"). This refers to filling tax-free on taxable statutory income or corporate tax. Such incentives are for ten years and MSC Malaysia Status approved activities only. Another benefit that attracts foreign investors is the investment tax allowance that was given to MSC Status companies. These facilities are for 100% deduction on capital qualifying expenditure that includes hardware & software, purchase or renovation of office or building, and greenery or landscape expense in Cyberjaya. From the very beginning of MSC in 1996, Malaysia has gained a total investment of more than RM384 billion and revenue of RM588 billion and has created 184,030 high-skilled jobs through this program. Malaysia has also grown into a global digital economic power and rank in the Top 3 in the Global Service Locations Index by Kearney since 2004. Malaysian government making MSC more powerful and foreign investment-friendly day by day, that's why the ICT sector has become a powerful and profitable sector to invest in for foreign investors. Market status Malaysia's small businesses are getting more successful because of the relatively strong use of digital technologies. Selling online is becoming increasingly important for Malaysia's small businesses. 63.9 percent earned more than ten percent of their revenue from online sales in 2020, up from 47.5 percent in 2019. So there is a vast opportunity for tech or ICT companies in Malaysia. We welcome companies, ICT experts, businessmen, and investors in Malaysia for better investment security and profit. Our assistance We are assisting our clients and investors to incorporate companies, application process to get MSC registration, getting the status and process required documents, set up offices, getting additional licenses, reach the market for listed sectors approved my MDeC and MSC status, resourcing technical hands, audit, accounting and taxation planning, expatriate visa application assistance with MDEC, An a to z legal and professional business consultancy. With an investment budget of RM 100,000 to RM 150,000 we can assist you in setup your ICT business in Malaysia. Our company registration consultancy package includes:
Our advisory lines: +60172041317 (whatsapp available) | +60108242527 (whatsapp available) Email us for any queries: [email protected] Call, Email or text us & take an appointment from the website to visit our office in Malaysia. LIM & ANI ASSOCIATES SDN BHD Call: +60108242527 Call: +60172041317 Call: +603-84081680 (office landline) Email: [email protected] www.mbbusinessjoint.com
Today we will discuss some good news for investors and businessmen in Malaysia or interested to invest in Malaysia, as Malaysia is still safe and will survive the world recession in 2022 starting slowly and might hit the world economy fully by 2024. For the covid-19 pandemic situation, china lockdown and Russia-Ukrain conflict the world economy facing a downward market, specially starting in the oil market.
But the gopod news is, the economic growth projection of Malaysia between 5.3% and 6.3% this year is still good and on track, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. Malaysia would see further growth momentum in the second quarter after recording a strong first-quarter gross domestic product growth of 5%. Top economists added to the recession talk, with former New York Fed President Bill Dudley saying it was “inevitable within the next 12 to 18 months”. Elon Musk, JP Morgan boss Jamie Dimon and Nouriel Roubini are among several others to have made similar forecasts. The prospect of a retreat in the global economy continued to drag oil prices down as traders fret over demand, with both main contracts down more than three percent, having tumbled on Wednesday. Brent and WTI have dropped around 15% over the past week, even with sanctions on Russian crude exports and China’s gradual reopening from lockdowns. Malaysia's economic growth picked up pace in the first quarter and was likely to accelerate further this year amid sustained demand and the reopening of international borders, the central bank said on Friday. Gross domestic product rose 5% in the January-March period, faster than the 4% expansion forecast by a Reuters poll and up from 3.6% growth in the previous quarter.
Although the downside risks have risen on the global front, we are confident of our growth trajectory and we do not see a risk of any recession in Malaysia. Expansion was mainly driven by the services and manufacturing sectors, particularly continuing demand for semiconductors and consumer products such as motor vehicles, Bank Negara Malaysia said. MARC Ratings Bhd mentioned that Malaysia’s pace of recovery is already relatively slow despite a significantly larger fiscal size seen in the post-2008 Global Financial Crisis, but the good news is it will survive with planned recovery packages and large domestic market growth. Investments in Malaysian domestic market is still stable and predicted to be stable for another 5-10 years for the survival of your investment. The Malaysian Investment Development Authority(MIDA), Formed: 1967; 55 years ago, is trying their best to keep the economy and investment market stable through global investments which is fruitful enough, proven already. We can ensure investment security and survival in Malaysia on the global economic projection. This article is going to describe some of the best profitable business ideas in Malaysia for the year 2022, we can also help you to find a business for sale in Malaysia or take over a running business. Specially for the covid-19 economy, the government is moving towards a more business-friendly economy by setting up a special package to facilitate business called PEMUDAH. 1. Export-Import Most of the FDI is coming in the Export & Import section. From garments to vegetables everything is being exported & imported from all around the world. We can help you with setup, papers, licenses, ERC & IRC, customs & other all. We also encourage new entrepreneurs to come into this business for a better ROI. 2. Car wash & Automobile Malaysia’s automotive industry is very successful. In addition, the country is the 22nd largest automotive manufacturer in the world. In Malaysia, most of the people use their private car that's why car wash & auto service workshops have a good profit scope. Vehicles registrations in Malaysia reach 31.2 million units as of 2019. As a Malaysian franchise provider, we can help our clients to get franchise car wash stores & do the full setup. 3. IT Business For the last few years, Malaysia Govt. giving a very good chance for IT Engineers, as Prime Minister Tun Dr. Mahathir bin Mohamad started MDEC in 1996 & Cyberjaya facility boosted it most. We are also encouraging for investment in Hardware, Software & CRM sectors. We are providing an A to Z facility for our clients to start IT business including Taxation & other facilities. 4. Departmental store Departmental stores or Kedai Runchit, Pasar Mini, etc are very popular & stable investments in Malaysia. Can start in Minimum investment with small size. But for better profit also can do Franchise Departmental Store, such as 7 eleven, MY 168 MART, etc. 5. Construction or real estate business As a multi-cultured, populated country, the real estate business is a very profitable business to invest in. In Malaysia, there are lots of land to develop & lots of clients to pay for construction projects. We are successfully processing construction company setup for clients. 6. Small restaurant & food supply In this present economic situation, we will strongly suggest small size multi cousin restaurant or an online food supply business. A local Malaysian director is a must for restaurant business licenses. 7. Laundry Now a days in Malaysia auto Laundry business is a successful business. You may setup the business near a residence area with working & student class residences. 8. Tourism Malaysia is a tourism dominated economical country, this leaves tremendous benefits to make by investors in the nation’s tourism division. A good budget can open a tourism business, can build, air-ticketing, medical tourism, hotel, guest house, homestay, inbound tour guide center with car rental, etc. 9. Garment/clothing/fashion The people of Malaysia are very fashion sensed. A retail fashion clothing store in a commercial location can bring good profits. Specially if you have a production line or garments factory you can make more profit. We are helping with the full business setup process. 10. Cleaning Because of the present situation & health safety, cleaning & disinfection services are very profitable & on-demand. 11. Online supply & wholesale business At this present corona situation & market, online business is new normal, trading & shopping are mostly being done in online markets, apps & websites. The supply chain also got online, we are also helping clients & investors to cope up with the new normal. Which is less hectic, budget-friendly & easy to operate. Our experienced advisors are always here to guide & transform. 12. Oil & Gas business Oil and gas are the promising industry of the country. Malaysia is an exporter of petroleum products and natural gas. So it's easy to start a business in this industry. There are several business opportunities for small and medium business. 13. Mobile & accessories Mobile & accessories business has high potential in Malaysia. Usually, Malaysian's are more into new models & trending accessories. The mobile phone accessory industry is growing fast in these parts. 14. Car rental business The car rental business is a very popular business in Malaysia. Starting a car rental business here can be a profitable investment. We are providing car purchase & full business setup facility. 15. Airbnb business Malaysia is a tourist county & tourists nowadays are more and more preferring Airbnb for short & long stay accommodation. If you have a property rental or leased property near a tourist destination, can rent it on Airbnb for an easy & profitable business. Few more small business ideas in Malaysia
Few businesses which foreigners are not allowed to do
To start a business or buy a business in Malaysia you will need business licenses, specially if you are a foreigner, it's a must to have a Pvt. Ltd. or SDN BHD company. We are processing company registration consultancy, bank account, business licenses advisory, accounts & taxes for you by our experienced partner & associate accountants, tax advisors, SST advisors & business investment advisors. Our company registration consultancy package includes:
Contact & Email us for services price quotation with discount facility for covid-19 situation! Emali: [email protected] WHY MALAYSIA IS SECURE BUSINESS HEAVEN NOW Malaysia is one of the strong economic power in Asia & the world, even survived very well in the global resection of 2009. With a multinational population, there is always market demand, most importantly Malaysia is among those countries that have a very powerful online market with an active customer base & because of government aids, banking aid investing is more secure in Malaysia. This is why, investors from all over the world come to Malaysia with family & kids because of security, respect & loving nature which are the best gift of daily Malaysian life, which is hard to find in many other countries in the world. Invest in Malaysia this 2020, as a foreign direct investment for a better future & family. We are offering many business varieties in various investment budget for foreign investors to make a profitable business investment as per their budget, so everyone gets a fair chance to make genuine investment & business survival in Malaysia, to grow together with Malaysia. Our advisory lines +60172041317 (whatsapp available) | +60108242527 (whatsapp available) Call, Email or text us & take an appointment from the website to visit our office in Malaysia. LIM & ANI ASSOCIATES SDN BHD Call: +60108242527 Call: +60172041317 Call: +601121189303 Call: +603-84081680 (office landline) Email: [email protected] www.mbbusinessjoint.com
According to the 2022 Milken Institute Global Opportunity Index, Malaysia ranks No. 1 in emerging Southeast Asia as the country with the most potential to attract foreign investors. From manufacturing and distribution to technical expertise in the service sector, doing business in Malaysia offers opportunities to everyone. Investors will find business heaven of investment opportunities upon their arrival. The World Bank has ranked Malaysia as the 6th friendliest country in the world to do business in, beating developed countries such as the United Kingdom, Australia, and South Korea.
Here are the reasons why any investor and businessman can invest in Malaysia for a better business experience and profit; 1. Strategic Location Malaysia is in the heart of ASEAN and has vast market access of over 600 million people. The country has a GDP of more than US dollar 1.5 trillion. Major international business centers in Asia such as Tokyo, Beijing, Hong Kong, Shanghai, and Seoul are very easily reachable from Kuala Lumpur. 2. Easy Business Starting a company in Malaysia is easier than in other many countries in the world, with only 3 working days and an affordable fee to incorporate a company, it's very easy and systematic to set up a company and business, specially with the assistance of business setup consultancy firms like us; Lim & Ani Associates. 3. Political Stability Malaysia continues to enjoy a politically stable environment even after 64 years of independence, led by a democratic government. Malaysia is a country of states, federal policies, patriotic Malaysian nature kept the benefits of the country's economy above all political differences. All the Governments are very friendly with foreign investors and businessmen. 4. Incentives Malaysian authority offers incentives to the industries to set up their business to encourage foreign investors to participate in the Malaysian economy. Tax incentives and expatriate employment incentives are noticeable among them. 5. Infrastructure Infrastructure in Malaysia is excellent and constantly improving. It is one of the most well-developed countries in Asia, making it a great choice for both secure living and for business or investment. World-class airport and the world’s 12th busiest seaport provide great connectivity with the world. Industries in Malaysia are predominantly located in over 500 industrial parks or estates and 18 Free Industrial Zones. 6. Workforce In terms of employment by skill level, Malaysia's share of skilled employment is at 28.2%. At the same time, the share of semi-skill workers is at 59.9% and the share of low-skilled employment is at 11.9%. Free education policies have contributed greatly toward the development of a productive workforce in the country. International investors and businessmen don't have to worry about setting up a business in Malaysia because most of the population is trained in various ways and very fluent in English to access the easy workforce. 7. Business-Friendly According to a Standard Chartered Group study, MALAYSIA is ranked the “second most favorable country” for foreign investment in Asia by European and US companies. Malaysia ranked as the number 1 country in the world for easy business process and friendliest in doing investment by the CEOWorld report 2019 & 2020. Strategic location, stability, affordable living with full of business investment opportunities in Malaysia increased the demand for setting up companies on Malaysian soil. 8. Living facilities Not only a vast market and an easy company or business setup, but the country also has a multi-culture environment, which makes Malaysia a compelling destination to live in. The low crime rate, anti-corruption law, and stands made Malaysia a more attractive living place for all peace-loving people around the globe. Well-developed medical network, low-cost living, easy to access transport, world-class education system made Malaysia one of the best living and migrating destinations for investors and businessmen. Malaysia is also providing a business visa facility for investors to live here with family and do a fruitful business in peace. 9. Big e-commerce market Malaysia's E-commerce industry is expected to grow at an annual growth rate of 11.4 percent (CAGR 2019 -2019) and the total revenue for the entire industry is $1.31 billion. The growth is expected to grow to $2.53 billion by 2022. One of the biggest online markets with active buyers who are purchasing daily. From home decor to food, electronics to kitchen items all are purchasable in Malaysia's online market with easy online payment terms. 10. Banking Malaysia has a very strong banking system with lots of banks and strong business banking facilities, low rate of interest, and SME business loans making Malaysia's banking sector more business-friendly. In short, with the best business policies, updated business law, and vast business market access, it's the best time for investors to invest in Malaysia and grow with profit and business security even in this COVID-19 economy. It's a very attractive and fruitful destination for secure business investment, future growth, and family living. Email us for more details: [email protected] Why Lim & Ani Associates Sdn Bhd We are providing one of the best business & company setup consultancy services in Malaysia, with experienced & licensed company secretaries, professional accountants, auditors, tax & SST experts, business advisors - a one-stop business solution in Malaysia. As one of the best leading corporate advisors, we are offering services below as per business act 2016 & Malaysian Government policy;
Call, Email or text us. LIM & ANI ASSOCIATES SDN BHD Call: +60108242527 (whatsapp available) Call: +60172041317 (whatsapp available) Call: +603-84081680 (office landline) Email: [email protected] www.mbbusinessjoint.com |
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