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 Understanding Labuan Fact: Labuan is a federal territory of Malaysia located off the coast of Borneo. It comprises 13 islands and is governed directly by the central government of Malaysia but has its own regulatory framework and state government. Do not fall for liars and fake agents who are using Labuan state policy, Labuan company, and facilities to do visa business only, which can cost you serious damage, Labuan is a tax haven and business hub for genuine businessmen only not for visa-seeking people to reside in Malaysia. Many businessmen are complaining online and via email about Labuan company scams from India, Bangladesh, Pakistan, and other Asian countries so we will discuss some common issues regarding Labuan company and visa today. Myth: Labuan is the same as mainland Malaysia. Truth: Labuan operates under a different regulatory regime compared to mainland Malaysia, specifically tailored for offshore business activities. Despite being part of Malaysia, Labuan's policies, particularly regarding business and taxation, are unique and designed to attract international businesses. Business and Taxation in Labuan Myth: Labuan companies offer the same benefits as Malaysian SDN BHD companies. Truth: Labuan companies operate under the Labuan Financial Services Authority (LFSA) and not under the Malaysian Companies Commission (SSM). They benefit from low tax rates (0-3%) but do not enjoy the full range of benefits that mainland Malaysian companies (SDN BHD) do, such as local market access without restrictions. Myth: Labuan is only for shell companies and tax evasion. Truth: While Labuan is known as a tax haven, it is a legitimate business hub designed to facilitate international business. Genuine businessmen can benefit from its tax-efficient environment, provided they comply with all regulatory requirements. Labuan Visa and Employment Pass (EP) Myth: Obtaining a Labuan visa is a quick and easy process. Truth: Setting up a Labuan company and obtaining a visa involves a complex process that can take 4 to 5 months. Claims of completing this process within a month are typically misleading. Myth: Labuan EP is a path to Malaysian permanent residency (PR). Truth: Labuan EP allows you to reside in Labuan and mainland Malaysia for two years but is not a route to PR. Obtaining PR requires different criteria and is more straightforward in mainland Malaysia. Practical Considerations for Labuan Companies Myth: Labuan companies have unrestricted access to all Malaysian facilities and licenses. Truth: Labuan companies must operate under Labuan's jurisdiction and policies. They are considered foreign companies when operating in mainland Malaysia and thus face certain restrictions and additional requirements. Myth: Labuan company setup and maintenance are inexpensive. Truth: While Labuan offers tax advantages, the costs associated with setting up and maintaining a Labuan company are significant, often ranging from USD 4,000 to USD 6,000 for setup and USD 1,200 to USD 1,800 annually for maintenance. Misleading Claims by Agents Myth: Agents can provide quick, guaranteed results for Labuan company formation and visa acquisition. Truth: Many agents exaggerate or falsify claims about the ease and benefits of setting up a Labuan company. Always verify the information and preferably deal directly with Malaysian authorities or reputable advisors. Myth: You can bring maids and drivers on a Labuan company visa. Truth: Unlike the Malaysia My Second Home (MM2H) program, Labuan company visas do not allow you to bring domestic helpers from abroad. Recommendations for Business Setup Fact: Mainland Malaysia offers more comprehensive business opportunities and facilities compared to Labuan. Foreign investors can set up fully foreign-owned SDN BHD companies in mainland Malaysia, benefiting from local market access, banking facilities, and business incentives. Fact: For those whose business needs align with the tax benefits of Labuan, establishing a company there can be advantageous. However, it's essential to understand the limitations and compliance requirements. In summary, while Labuan offers significant tax advantages for international businesses, it's crucial to be aware of the complexities and limitations involved. Misinformation and fraudulent claims by agents can lead to costly mistakes. Thorough research and consulting with knowledgeable advisors are essential steps in making informed decisions regarding business setup in Malaysia. 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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 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  Starting a business in Malaysia presents numerous opportunities, along with access to a varied market. However, to effectively navigate the financial landscape, it is crucial to have a comprehensive understanding of the corporate tax system. This article explores Malaysia's business tax rate, the necessary steps for filing business tax, and the individuals or entities responsible for payment. By providing this information, we aim to assist you in making informed and strategic business choices. The corporate or business tax rate in Malaysia is determined based on the category of the company and is applicable to both resident and non-resident companies generating income within the country. Corporate income tax, also referred to as company tax, is a direct tax imposed on the profits earned by businesses operating in Malaysia. Essential procedures for submitting corporate tax in Malaysia Step 1: Filing the estimated tax liability New companies can choose to file their estimated tax liability through e-filing (e-CP204) or directly to the LHDNM Processing Centre. For new businesses, the estimated corporate income tax in Malaysia must be filed within three months of commencing operations. Conversely, existing companies should file the estimated tax liability 30 days before the start of a new fiscal year. Step 2: Settling the estimated tax Corporate entities must settle the estimated tax using CP207, with the deadline falling on or before the 10th day of each month. Newly established companies commence paying this tax from the sixth month of the basis period. In contrast, existing companies begin this tax payment from the second month of the basis period. Step 3: Submission of Form C After paying the estimated tax, companies must submit Form C. This submission can be done through e-filing (e-C) or at the LHDNM Processing Centre. The table provides a clear breakdown of the diverse corporate tax rates applicable to various types of companies in Malaysia.
Companies with paid up capital not more than RM 2.5 million and gross business income of not more than RM 50 Million.
Companies other than above category is 24% standard Malaysian tax rate. Every business entity conducting operations in Malaysia, whether local or foreign, must comply with the obligation of paying corporate tax on any income generated within or received from Malaysia. You should keep in mind Indeed, small and medium enterprises (SMEs) can benefit from a lower tax rate of 17% on the initial RM 600,000 of chargeable income. The regular business tax rate stands at 24% for the year 2023. Major business tax exemptions (tax reduction facilities) in Malaysia
To ensure a harmonious company and business management experience, feel free to reach out to us at Lim & Ani Associates. We offer comprehensive advisory services and have an extensive network of accountants, auditors, and tax submission agents to assist you. 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. 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  Malaysia My Second Home (MM2H) is an initiative that allows foreigners who fulfill certain criteria, to stay in Malaysia. The MM2H program is now divided into three categories: Platinum, Gold, and Silver, each with its own set of requirements. The Ministry of Tourism, Arts, and Culture (MOTAC) issued a press release (Ref: MOTAC. 100-2/1/18JLD4 (38)) on December 13, 2023. We have a strong network of our own listed mm2h agents to provide a legal and smooth service to our clients, and to ensure financial and business safety as one of the best business advisory firms in Malaysia. We will ensure proper and updated information with a legal and secure transparent processing. There are several benefits and incentives from the newly updated MM2H program, including visas. The program helps foreigners who are willing to come to the country to obtain a renewable;
These are some more of the features a foreigner can enjoy under the MM2H Programme:
Mm2h 2024 requirements in terms of 3 tires Platinum Category Applicants in the Platinum category must fulfill specific financial prerequisites, including a fixed deposit of RM5 million (USD1.05 million). After one year, they are allowed to withdraw a maximum of 50 percent of this amount for purposes such as purchasing properties valued at RM1.5 million and above, healthcare, and tourism activities within the country. Platinum applicants are required to reside in Malaysia for a cumulative total of at least 60 days per year. Those aged 30 to 49 must meet this residency requirement through their principal, partners, or dependents. Additionally, Platinum category applicants are eligible to apply for Permanent Resident (PR) status after obtaining their Platinum pass. Gold Category Gold MM2H applicants must meet set financial prerequisites, including a fixed deposit of RM2 million (USD 420,800). Similar to the Platinum category, they can withdraw a maximum of 50 percent of the deposit after one year for specific purposes. The Gold MM2H pass is valid for 15 years, with Multiple Entry Visas (MEV) granted to the principal and dependents. The pass can be renewed, and holders are required to reside in Malaysia for a cumulative total of at least 60 days per year. Silver Category Applicants in the Silver category must maintain a fixed deposit of RM500,000 (USD105,000). They are permitted to withdraw up to 50 percent of the deposit after one year for designated purposes. The Silver MM2H pass is valid for five years, and like the Gold category, it comes with Multiple Entry Visas (MEV) for the principal and dependents. The pass is renewable, and individuals in this category must spend a cumulative total of at least 60 days per year in Malaysia. Dependents The successful pass holder can bring with him/her the following dependents:
Application fee & service charge requirement The following service charges (The company is mentioned as "Lim & Ani Associates") are changeable from case to case or file to file.  FOR ADVISORY AND CLEARANCE FEEL FREE TO CONTACT OUR ADVISORY TEAM CALL: +601126664168 (WHATSAPP AVAILABLE) OR EMAIL: [email protected] Previous requirements As per the 2021 requirements, participants were previously required to stay in the country for a minimum of 90 days each year, demonstrate an offshore income of at least RM40,000 per month (up from RM10,000), and maintain a fixed deposit account with a minimum balance of RM1 million. A maximum withdrawal of 50% is also permitted for purposes such as property acquisition or health and children's education expenditures. These stringent conditions drew flak from various stakeholders and saw a sizable decline in MM2H applicants. These latest 2023 revisions aim to make the MM2H program more inclusive and flexible, offering varying options to individuals interested in making Malaysia their second home. We suggest our clients look for mm2h only if they have enough foreign cash flow from outside of Malaysia, as there is no certain assurance of enough income via the mm2h program except for business investment, where you can not use your bank deposit for mm2h, in spite you have to add more investment from your pocket to do business or to earn your living. Alternative of mm2h If you do not want to spend all this money on mm2h or looking for a less-budget option with the business and residential facility, we can suggest business migration with a business visa & employment pass through setup company, business, and getting ESD which can cost you mostly from RM 130,000 to RM 230,000 including business investment, and does not require any bank deposit to keep for any specific time limit. 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 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  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 
One of the best step by step guides on company registration in Malaysia & how to setup a business in Malaysia with all frequently asked questions & information. We can tell you why & how to register a company in Malaysia or start a business, with our professional business service experiences. Malaysia has become one of the best business countries in the world for investment, one of the best business heaven & hub for doing secure business investment for a better future & family. Malaysia's Govt is providing one of the best business laws, taxation facilities, world-class health care facilities, and international education & living facility. Nowadays most of the biggest & medium brands have their industry & business in Malaysia. Today let's know about some very important & frequently asked questions & their answers.
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 a Sdn Bhd company legally but we recommend a combination of 2 persons. How much paid-up capital need? Malaysian citizens can open half a million or RM 500,000 companies but we strongly suggest RM 1 million companies for foreign investors (for licenses, commencements & immigration issues). Kindly note that for CIDB licenses, WRT licenses, MSC status, or ESD the paid-up capitals should be: - 100% local companies RM 250,000 - Joint Venture companies with local directors of RM 350,000 - Full foreign companies RM 500,000 Are low-cost registrations are ok or why 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 services package as we provide. Including business licenses, banking, accounting, taxation, business license & setup supports. As per the client's budget and requirements, we have 3 different packages for our clients:
How long takes us to register Sdn Bhd? Normally within 3-4 days, company registration is done through SSM. Can I start a business right after the company registration on a visit visa? Yes, you can set up a company with a visit visa, even start a business, rent a shop or office, or open a bank account just after the company registration. 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. In our regular full package price. We are also ensuring legal process security, agreement & online 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 & essential 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? Usual company registration only will cost you RM 2500, but for foreigners, it is not enough to set up a business. As per the client's budget and requirements, we have 3 different packages for our clients (company registration, all business license application documents, applications, banking, legal papers, authentication, stamping, audit and taxation file opening, ESD applications, business setup advisor, statutory documents, etc)
Usual annual company secretary services fee? We are offering a standard market rate of RM 70 per month, so (RM 70x12 months) is only Rm 840 annually. Business advisory fee? Lim & Ani Associates Sdn Bhd provides comprehensive business advisory services in Malaysia, including investment planning, business setup and strategy advisory, market research, financial planning, accounting and audit advisory, taxation advisory, marketing plan advisory, advertisement advisory, and ESD or director visa application full process advisory. Our Total Malaysia business advisory package is available annually for RM 12,000 only. But we are offering one month free for our company registration clients if they purchase our advisory package. Do other licenses need to start a business? Signboard, premise, CIDB, EPF, Export, Import, Halal, and WRT as per nature of business. Bank account? We prepare papers for you & assist to open a bank account for you which is already included in our package (with a local signatory or full foreign signatory). How I will buy a shelf/readymade 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 4500 We are also providing name change, business nature change, directors agreement & other services post-purchase as per company value. Do I need a nominee director in Malaysia? Not mandatory technically, but as per the rules & policy, it is required to have a local director for licenses and the immigration process. But if you want to open a full foreign LLC we can still assist you, we just suggest for your easy business process. How much cost the local Malaysian nominee director service? The usual market rate is RM 5000 yearly. We provide local nominee directors for a minimum of 6 months at RM 2500. Is there any tax-free company in Malaysia? Yes, there are Labuan companies, or Labuan island companies which are also known as offshore companies. Labuan companies are usually tax-free, but only trading companies will be subject to a 3% tax rate. But these companies are only operatable in the Labuan islands only and will cost a flat rate of USD 5000 for 1st year and USD 1200 for maintenance from 2nd year onwards. 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. They can also register online, we are providing both services. 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, they can. Which banks recommended opening a corporate account in Malaysia? MAYBANK, OCBC, 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 the above point. 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, 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 & 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 
Starting a business is always an exciting venture, but it can also be daunting and time-consuming for a faster startup requirement. That's why many entrepreneurs in Malaysia are turning to ready companies, and old companies as the fastest way to start a business.
Requirements:
The following services are included with the purchase of a shelf company or ready company:
Malaysia is one of the strongest economic powers in Asia & the world - having survived very well during the global recession of 2009 - making it an attractive location for investors worldwide. With its multinational population comes market demand while government aid makes investing more secure than in other countries. Banking aid is available too which makes investing even more secure. Investors from all over the world come to Malaysia with their families because they feel safe due to its respectful nature which is hard to find elsewhere in many other countries worldwide. At Lim & Ani Associates Sdn Bhd, we offer many business varieties in various investment budgets for foreign investors to make profitable business investments as per their budget. Everyone gets a fair chance to make genuine investments & business survival in Malaysia, to grow together with Malaysia. We can assist you to buy ready companies with updated details and background checks. Our advisory lines: +601126664168 (whatsapp available) | +60108242527 (whatsapp available) Investing in Malaysia is an excellent opportunity for foreign direct investment for a better future and family. Contact us today via phone or email or by visiting our website and take advantage of our advisory services. We are here to help guide you through the process of starting your own successful Malaysian business venture. 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: +60172041317 (whatsapp available) Call: +60108242527 (whatsapp available) Call: +603-84081680 (office landline) Email: [email protected] www.mbbusinessjoint.com 
If you're a foreign businessman or company looking to expand your business in Malaysia, it's important to understand the available options for foreign company registration. In this guide, we'll take a look at the different types of company registration options available and their requirements.
Foreign Company Registration Options in Malaysia As a foreign investor, you can obtain ownership of a company by setting up one of the following registration options: 1. Branch Office A branch office is an extension of the foreign parent company and is not considered a separate legal entity. The parent company is liable and responsible for all debts and operations of the branch in Malaysia. A branch office is suitable for short-term expansion plans and must have at least one Malaysian resident nominee director or agent.
2. Representative Office A representative office doesn't have independent legal standing in Malaysia, making its parent company responsible for all debts and liabilities.
3. Private Limited Company (SDN BHD) This type of entity is common among foreign investors as foreigners can own up to 100% of their companies. However, some industries require 50% to 60% Malaysian ownership, including agriculture, banking, education, oil, and gas. A private limited company or SDN BHD is a separate legal entity from its owners.
Post-registration Requirements and Compliance Once you've successfully registered your company in Malaysia, you must fulfill post-registration requirements such as opening a corporate bank account, obtaining business licenses & permits (export-import licenses, CIDB, DBKL, Food licenses), registering as a taxpayer with the provident fund, appointing auditors and applying for WRT and ESD. Why Choose Lim & Ani Associates Sdn Bhd At Lim & Ani Associates Sdn Bhd we provide one of the best business & company setup consultancy services in Malaysia. Our team includes experienced & licensed company secretaries, professional accountants, auditors, tax & SST experts, and business advisors – offering a one-stop business solution in Malaysia. In conclusion, understanding foreign company registration options is crucial when expanding your business in Malaysia. Choosing the right registration option can help you avoid unnecessary complications while ensuring compliance with legal obligations. With our comprehensive guide to foreign company registration in Malaysia and our consultancy services at Lim & Ani Associates Sdn Bhd – you're sure to have all the support needed to make your expansion plans successful. 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 (whatsap & viber) Call: +601126664168 (whatsapp) Call: +603-58856648 (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 |
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