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The Ministry of Entrepreneur Development and Cooperatives (MEDAC) will allocate RM452.8 million to assist COVID-19 affected entrepreneurs under a business recovery plan to support the stability of the entrepreneurial structure of Malaysia. The allocation is expected to benefit more than 21,847 micro entrepreneurs, small and medium enterprises & social entrepreneurs.
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Minister, Datuk Seri Wan Junaidi Tuanku Jaafar, in a statement, said MEDAC tabled the Entrepreneur and Cooperative Recovery Plan at a Cabinet meeting on May 6, 2020. He also mentioned, it contains 30 programs that will be implemented in two phases, namely the immediate measure from May to December 2020 and the medium-term from January 2021 to May 2021.
He also added, MEDAC is working with the Ministry of Finance in formulating the Post COVID-19 Short and Medium-Term Economic Recovery and Restart Plan. “MEDAC is a member of the SME Recovery Support Working Group which focuses on short and medium-term strategies and initiatives to revive affected entrepreneurs and accelerate the country’s economic growth,” “The current and future initiatives are in line with the government’s policy of ensuring that the people, especially entrepreneurs, get the support of MEDAC so that their business operations can continue as normal under the Conditional Movement Control Order (CMCO),” he added. – Bernama Now it's the best time to think about investing in Malaysian business entrepreneurship sector & start a new business or startup. This smart business aids will boost-up your business & let you grow to-gather with Malaysia & sustainable Malaysian economy. This why investors & businessmen in Malaysia should start business with legal company & business licenses to claim this aids. Why Lim & Ani Associates Sdn Bhd We are providing one of the best business & company 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 service in Malaysia. As one of the best leading corporate advisors, we make sure that your company registration, investment, business management in Malaysia runs smoothly & tensions free, while meeting all the existing compliance laws and regulations. Our advisory line to discuss more about starting business with business management +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 (imo, whatsap & Viber) Call: +601121189303 Call: +603-84081680 (office landline) Email: advisory@mbbusinessjoint.com www.mbbusinessjoint.com
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Malaysia is an awarded business country with one of the best business law (company act 2016), local or foreign businessmen can start their own business in Malaysia with an SDN BHD (Pvt. Ltd.) company. A legal company will help you to get many licenses, banking facility & even Government facilities, as legal SDN BHD companies in Malaysia, this COVID-19 stimulus package got RM 3000 as financial aid.
As Malaysian business management $ advisory firm, we Lim & Ani Associates, providing full company management services in Malaysia. But foreigners must remember to do legal business in Malaysia they will need a proper company with their name, joint venture local partners with agreement, DBKL licenses, business licenses, bank account, taxation record & business permit. Foreign labor workers can not do business in Malaysia but category or professional visa holders can. Even company & business can be done in a group formation.
The requirements to register a company (according to business act 2016)
Who can be director/shareholder
Banking Bank account is a must for an SDN BHD company for secure business transactions, accounting & taxation. Full foreign companies can also open a bank account in some special conditions under bank negara rules, some foreign banks do provide services, we can help to do so. To open a bank account a company should have an office setup & address including a landline. Share capital
Benefit of local shareholder
COMPANY INCORPORATION SERVICE Lim & Ani Associates Sdn Bhd could help you to register your company in Malaysia, with a faster legal process & no hidden costs or many time costs. We offer the best company setup consultancy, accounting services consultancy & taxation planning advisory service packages in compact. We provide expert advice to inform you of all the things you need to know, about how to start a company in Malaysia. Based on Lim & Ani Associates long professional experiences on registering a company with SSM consultancy process, the entire incorporation process will take 2-3 days only. But according to our previous records, we are also able to register a company in Malaysia within 2 working days from that day, directors and shareholders sign the incorporation documents at our office. Take an APPOINTMENT to register your company in our office.
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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, expert business advisors and we are offering a one-stop business service in Malaysia. As one of the best leading corporate advisors, we make sure that your company registration, investment, business management in Malaysia runs smoothly & tensions free, while meeting all the existing compliance laws and regulations. Our advisory line to discuss more +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 (imo, whatsap & Viber) Call: +601121189303 Call: +603-84081680 (office landline) Email: advisory@mbbusinessjoint.com www.mbbusinessjoint.com |
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