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Office: +60384081680 | Advisory: +60108242527 (whatsapp)

AUTHENTIC MALAYSIA BUSINESS INFORMATION

How to start rental business in Malaysia

1/25/2020

4 Comments

 
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Nowadays rental business is one of the best profitable investment options. Especially in an international business country like Malaysia, with vast market demand for rentals as its cheaper to rent anything & temporary for easy disposal. Today lets check out some rental business investment options we help you to start & setup in Malaysia profitably.

1. House rental: House rental is always in high demand as many countries people are living in Malaysia for various reason, it's also easy to lease a residential place & property to use in the rental business. But for that proper property management licenses are needed including proper business papers & banking setup, which we do process for our clients as one of the best corporate business advisories in Malaysia.

2. Car rental: 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, driver & business setup advisory services.

3. Homestay or guesthouse rental: In a tourism-based country like Malaysia, the guesthouse business has a big demand. By starting a guest house or tourism base company anyone can lease property or housing flats in commercial rate to open a homestay or guesthouse. Also with websites like Airbnb & Hotelbooking.com, it's easy to rent out & get foreign clients. We are also helping our clients & foreign investors to start a company, business licenses, management, hiring staff & marketing attachments.

4. Commercial property rental: Commercial property rental can be done in 2 ways, buying commercial property (shop/warehouse/office space) to give in rental or lease as owner or take a lease from the actual owner as management company & rent out, but in this case lease agreement & rental agreement should be legally done & detailed to avoid any unnecessary situation, our lawyers & licenses property advisors are always at your services to help you invest properly & start commercial rental business.

5. Machinery rental: In construction sectors nowadays construction machinery rental is a big demand, where investors can invest buying a crane, mixer, dresser & many other construction machines to give lease or rental which brings a good amount of return or ROI constantly. We provide supports from business setup to buy machines & marketing.

6. Office equipment rental: As a business country there is a huge demand for office setup & office equipment, which is not so costly but difficult to buy for new startups. Where investors can use this opportunity to rent out this equipment, such as; office chair-tables, office furniture, big size printers & copiers, air conditions, water filters, marketing screens & office kitchen setups.

Not only company registration & business setup services we are also offering - accounting, audit, taxation, marketing, business management & business advisory services, with proper experience on business law & profitable rental business.
For detail discussion about investment, setup & process planning can contact our senior advisors in our advisory hot line +60108242527 (whatsapp availabe)

Our company registration service package includes:
  • Company registration
  • Company forms/super form & sections
  • CTC's & chop
  • Name search
  • SSM charges
  • Foreign directors document certification
  • Printing & Filing
  • Share distribution agreement
  • Finding nominee director & agreement
  • Prepare sign board & Premises licenses application documents
  • Prepare business licenses application documents
  • Registered office facility & virtual office facility
  • Bank account opening charges (first bank account)
  • Service charge & related services
  • Business counseling, planing & setup advisory
  • - Full package including all this services & charges RM 7650 (one time payment)
    - Local director fee RM 2500
    - No hidden cost & no illegal request acceptable for extra payment.

Why Lim & Ani Associates Sdn Bhd
We are providing one of the best business & company  advisory services in Malaysia, with experienced & licensed company secretaries, professional accountants, auditors, tax & SST experts, expert business advisors and we are offering a one stop business solution in Malaysia. As one of the best leading corporate advisors, we make sure that your company registration & investment in Malaysia runs smoothly & tensions free, while meeting all the existing compliance laws and regulations.

Call, Email or text us & take appointment from website to visit our office in Malaysia.
LIM & ANI ASSOCIATES SDN BHD
Call: +60108242527 (imo, whatsap & Viber)
Call: +601121189303
Call: +603-84081680 (office land line)
Email: advisory@mbbusinessjoint.com
www.mbbusinessjoint.com



  • COMPANY REGISTRATION
  • BUSINESS NEWS MALAYSIA
  • BUSINESS IDEAS IN MALAYSIA
  • BUSINESS ADVISORY IN MALAYSIA
  • MALAYSIA MY SECOND HOME (mm2h) ADVISORY

4 Comments

Malaysia Business Licenses Process - Setup Business In Malaysia

1/14/2020

0 Comments

 
Malaysia business licenses,business setup Malaysia,company registration in Malaysia,WRT,sign board,tax,halal licenses,lim and ani,associates,business advisory,Malaysia licenses advisory,DBKL,MPSJ,Migrate to Malaysia,immigration to Malaysia,mm2h
Malaysia is one of the world’s best destinations for starting a business or to do investment. Because investing, company registration, business licensing & business setup is more systematic & legal in Malaysia. Malaysian also providing a investor friendly Government policy & global business environment. Malaysia got awarded as the best country to invest in the world 2019 by CEOworld magazine report.    
A business in Malaysia  cannot legally operate without a company registration setup & business licenses according business type. Some may think or tell, doing business licenses in Malaysia is very hard but that is not the scenario, expert business advisors like us - Lim & Ani Associates, we make it easy for you get proper licenses as per your business need.   

There are 3 different category of business licenses:
  1. General licenses
  2. Industry Specific licenses
  3. Activity Specific licenses

1. General Licenses
General licenses are are required to start a business in Malaysia. Here is the list of General licenses, which may be applicable to any business in Malaysia:
  1. Company Registration - getting business license in Malaysia is a requirement as specified by the Companies Act. Every company in Malaysia must comply with this requirement. All business must have company registration as SDN BHD from CCM (Company Commission of Malaysia) also known as SSM. Full foreign ownership of business entities such as Private Limited Company (SDN BHD) is legally allowed. However, local worker or staff will still need to be recruited by a wholly foreign-owned company in Malaysia.
  2. Company and Employees Income Tax Registration
  3. Employees Provident Fund
  4. Social Security Organization
  5. Human Resources Development Fund
  6. Business Premise Licenses and Signboard Licenses - businesses in Malaysia are required to apply for business premise licenses and signboard licenses from the respective State Authorities. The requirements for the application may vary according to each local authority, such as; DBKL, MPSJ, etc.
We do provide all this licenses application process advisory & all the documents required as company secretary, accountant & business advisor.

2. Industry Specific Licenses
Industry Specific licenses are for a particular industry or sector that are specified by the Government & authority. This involves major policies that controlled the development of certain industries or sectors in line with the development policy of the country. Some examples of Industry Specific licenses are:
  1. Licenses related to the Manufacturing Sector - A company with a paid up capital/shareholder’s fund not exceeding RM2.5 million or manpower less than 75 people may apply for a confirmation letter that the company is exempted from manufacturing license approval.
  2. Licenses related to the Wholesale, Retail Trade - The most common license required for a foreign owned companies is Wholesale, Retail Trade (WRT) License. This WRT license is applicable to any Foreign Participation (i.e. foreign equity at 51% and above) in the Malaysia Distributive Trade Services include wholesalers, retailers, franchise practitioners, direct sellers, suppliers, who channel their goods in the domestic market, and commission agents or other representatives including those of international trading companies.
  3. Licenses  related to the Telecommunication Sector
  4. Licenses related to the Broadcasting Sector
  5. Licenses  related to the Oil Exploration Sector
  6. Licenses related to the Construction - All Companies involved in Building and Construction must obtain a licenses from the Construction Industry Development Board (CIDB) before undertaking any construction and related activities in Malaysia.
  7. Licenses related to the Banking Sector
We do provide all industry specific licenses application process advisory & all the documents required as company secretary, accountant & business advisor.

3. Activity specific Licenses
Activity specific licenses are for regulate particular activity and often applicable to one or more Industries or Sectors. Some of the activity specific licenses are:
  1. Certificate of Fitness for Certified Machinery
  2. Approval for Expatriate Post
  3. Approval to install/recite/alter Air Pollution Control Equipment (bag filter and chimney)
  4. Building Plan Approval
  5. Sales Tax License
We do provide all industry specific licenses application process advisory & all the documents required as company secretary, accountant & business advisor.

Business licenses process time
The application process period can be anywhere from the first month to six months. The duration depends on which business owners are applying for an industry license. (This includes small businesses and retail stores). The ministry that gives the business license will conduct business inspections before doing so.

Why Lim & Ani Associates Sdn Bhd
We are providing one of the best business & company  advisory services in Malaysia, with experienced & licensed company secretaries, professional accountants, auditors, tax & SST experts, expert business advisors and we are offering a one stop business solution in Malaysia. As one of the best leading corporate advisors, we make sure that your company registration & investment in Malaysia runs smoothly & tensions free, while meeting all the existing compliance laws and regulations.
Our company registration service package includes:
  • Company registration
  • Company forms/super form & sections
  • CTC's & chop
  • Name search
  • SSM charges
  • Foreign directors document certification
  • Printing & Filing
  • Share distribution agreement
  • Finding nominee director & agreement
  • Prepare sign board & Premises licenses application documents
  • Prepare business licenses application documents
  • Registered office facility & virtual office facility
  • Bank account opening charges (first bank account)
  • Service charge & related services
  • Business counseling, planing & setup advisory
  • - Full package including all this services & charges RM 7650 (one time payment)
    - Local director fee RM 2500
    - No hidden cost & no illegal request acceptable for extra payment.

Our advisory line to discuss more +60108242527 (whatsapp available)
Offering special fee for business advisory clients of "Invest Malaysia (IM2020)" campaign.

Call, Email or text us & take appointment from website to visit our office in Malaysia.
LIM & ANI ASSOCIATES SDN BHD
Call: +60108242527 (imo, whatsap & Viber)
Call: +601121189303
Call: +603-84081680 (office land line)
Email: advisory@mbbusinessjoint.com
www.mbbusinessjoint.com



  • COMPANY REGISTRATION
  • BUSINESS NEWS MALAYSIA
  • BUSINESS IDEAS IN MALAYSIA
  • BUSINESS ADVISORY IN MALAYSIA
  • MALAYSIA MY SECOND HOME (mm2h) ADVISORY

0 Comments

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  • Home
  • About
  • Services
    • Company services in Malaysia
    • Digital corporate services
    • Accounting-services
    • Tax-Services
    • Business Advisory
    • Rainbow cloud
  • Franchise
  • Invest
    • Business for sale
  • Education
  • Contact
  • Blog