MALAYSIA BIZBLOG
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Office: +60358856648 | Advisory: +601126664168
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 Malaysia has positioned itself as a prominent hub for international business investment, thanks to its robust legal framework, favorable taxation policies, and thriving economic environment. Whether you're an entrepreneur looking to expand or start a new venture, Malaysia offers one of the best platforms for doing business. Why Register a Company in Malaysia?
How to Register a Company in Malaysia? To successfully start a business in Malaysia, follow these steps: 1. Choose a Business Structure The first step is to decide which type of business entity is most suitable for your needs. The common structures include:
2. Name Your Company You will need to register a unique company name with the Companies Commission of Malaysia (SSM). The name should not conflict with existing companies or trademarks. 3. Register Your Business For local or foreign entrepreneurs, company registration is done through the SSM, following these steps:
4. Appoint Company Directors and Secretary
5. Prepare Legal Documentation
6. Register for Tax and Licensing Once registered with SSM, you must:
Does Malaysia have a company Act/Law to follow? Yes! Company Act 2016 which is being updated regularly. How many shareholders need to form SDN BHD/LLC? One person can open Sdn Bhd company but we recommend a combination of 2 persons. How much paid-up capital is needed? Malaysian citizens can open half a million or RM 500,000 companies but we strongly suggest RM 1 million minimum for foreign investors (for licenses, commencements & immigration issues). Initially, you can start with a registered capital of RM 1000 (included in our company packages). Are low-cost registrations are ok or why do we need a full package? We don't trap clients with low-price lies but we provide quality legal services for actual results & profit at an appropriate rate. Only registering a company is not enough for proper business & success, end of the day need a full & complete service package as we provide. Including business licenses, banking, accounting, taxation & setup supports. How long take us to register Sdn Bhd? Normally within 3-5 days, company registration is done through SSM. Is it possible to do company registration & setup online? Yes, now you can register a company in Malaysia online with our digital company setup consultancy services package, at our regular full package price. We are also ensuring legal process security & payment security with PayPal Malaysia. For online company services & fees - CLICK HERE. Do I need to have an office in Malaysia? Yes! The virtual address allows for company registration in Malaysia for foreigners. But physical office rental agreements act as a strength of the company & better for business licenses, banking, etc. We are providing a registered office facility for free & virtual office facility at less cost. How much is the cost of Sdn Bhd company registration? The full package including several services (all applications, banking, legal papers, statutory documents, etc), total 17 services is only RM 10,000. For company services & fees - CLICK HERE. What is the usual annual company secretary services fee? We are offering a standard market rate of RM 65 per month, so (RM 65x12 per month) is only RM 780 annually. Business advisory fee? Our additional business advisory, accounting services advisory, taxation services planning consultancy, business planning, marketing advisory, etc advisory fee is RM 500 per session (1-hour session). But we are giving 1st two-time advisory sessions free for our clients, so you are getting sessions worth RM 1000 FREE! Do other licenses need to start a business? Signboard, premise, EPF, Export, Import, Halal, and WRT as per nature of business. Bank account? As your company secretary, we can prepare papers for you & assist you in opening a bank account bank, and also arrange for foreigners to be the sole signatories. How I will buy a shelf company? The shelf company is a ready dormant company but the business is not run yet. We provide the same if you want to buy from us @ RM 5000 We can also assist in a name change, business nature change, directors agreement & other services post-purchase. Do I need a nominee director in Malaysia? No need technically, but as per rules & policy 2020, it is required to have a local director. But if you want to open a full foreign LLC we can still support you, we just suggest for your easy business process. How much cost for the local Malaysian nominee director service? The usual market rate is RM 5000 yearly. Can a foreigner register a company in Malaysia? A foreigner can hold 100 percent shares of the company & can open a company on a visit visa also which is counted as legal. What business foreigners are not allowed to do in Malaysia?
How can I get a business visa in Malaysia? Only companies with ESD registration can apply for Business visas for their directors & we suggest all foreigners follow immigration rules strictly & avoid all brokers/visa agents being safe. Is it allowed to register a company without an investor visa or on a visit visa? Yes, you are allowed to set up a company and business to apply for ESD and business residence permits. Which banks recommended opening a corporate account in Malaysia? MAYBANK, UOB, AmBank, CIMB, RHB, STANDARD CHARTERED, ETC How can I open a bank account for a foreign shareholding company? We are arranging the full bank account opening process for our clients, our partner banks are best to open a business account as the list mentioned in above point. We ensure sole signatory for our foreigner investor clients also. Final Thoughts; Malaysia's business-friendly environment makes it an ideal destination for investment. From straightforward registration processes to various government incentives, the country offers a solid foundation for both local and foreign entrepreneurs. With the right planning and support, starting and growing a business in Malaysia is a promising venture. If you're interested in setting up a company or need professional guidance, our expert business services can provide personalized assistance in navigating the Malaysian business landscape. Can consult our experienced Malaysian business advisors at +601126664168 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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