Dr. Muhammad Yunus is a social entrepreneur, banker, economist, and civil society leader who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance, today we will review & discuss some of his stated key of success applicable for any body any where!

We are reviewing successful entrepreneurs like Dr. Muhammad Yunus, because we Lim & Ani Associates want to build a new set of local & foreign entrepreneurs, who will build more power full business & economic structure in Malaysia to build their self & take the world economy forward. We are providing easy to get company, accounting, taxation & business advisory in Malaysia for any investor & entrepreneurs.

1. Start Small
Even if you don't have money or capacity for big project, try to start in a mid range size with a good planning, as experts we are providing business planning & advisory for any new businessmen & investors in Malaysia.

2. Don't wait for certificates
Academic certificates are not the main thing to make you successful in business, but your knowledge is & its not a job to get by graduation certificates. If you want to an entrepreneur, better start early or when ever you get the chance. 

3. Always don't think only about money
Money is not the scale for success, there could be ups & downs, don't be upset, always have to be steady & determined, money will follow your hard work & planing.

4. Challenge the old system & Idea
Don't be afraid to break old system & ideas, because you will be more successful when you always thinking about something new & doing something pioneer, as Muhammad Yunus did micro-credit, which made him successful, bring fortune & own the highest honor of Nobel prize.

5. Be a job provider
Forget about doing job or being employee, be the employer & job giver. Think like a employer to be one, be bold.

6. Find your inspiration
To reach your goal you must need an inspiration, as Dr Muhammad Yunus had his mother. That's why the main target for his micro-credit program were women. Now different business requires different inspiration & role model.
Where we & our mentor business advisors are playing crucial roles with their experiences & success.

7. Know your goal in life
Know your goal in life, what you want to achieve or who you want to be, money is not the ultimate goal. Ask your self for your actual goal, wish or target. You can always take help from your family, friends or business mentors to discover you inner wish.

8. Don't make your imagination limited
Don't make your imagination or creativity limited, always keep on finding new ways for business & entrepreneurship. How ever others see or how out of the world it is, keep following it to make it true.

9. Be self confident
Always keep trust on your self, if you have self confidence then nobody can stop you. Because as Dr Yunus said, his micro-credit loan program became successful not only for him but the self confidence & determination of village women, who took loan from him to do business & repay with interest.

10. Work to make develop the world in a better place
What success you dream of or the world you want to see, you have to work for it. Just don't only think about earning money but for the better being of the world also. To be the best have to think like one of the best.

We are helping new businessmen & investors in Malaysia to follow legal rules & contribute in society. Legal company, accounting & taxation services to keep their positive role to make a good society, nation & world. As Dr Muhammad Yunus we all should dream of a world with prosperity & no employment problem. Let's be the employers to & entrepreneurs to make this world a more better, equal & solvent place. We are providing full one stop  business solution  for foreign investors in Malaysia, to make them successful. We welcome Foreign Direct Investment in Malaysia.

Business Advisory Help Line: +60108242527 (whatsapp / imo / viber)
Our internationally expert & recognized business advisory team, lead by international busienss & legal advisor Mr. Anirbaan, are always at your service for business development & legal investment process in Malaysia.

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

To import or export goods which require a license, all traders first need to register a company in Malaysia (as per comapny act 2016) with a legal company secretary service provider, like us Lim & Ani Associates, providing company secretary, accounting, taxation, business advisory service, a one stop business solution in Malaysia.
Once registered, a business bank account done with a formal office setup, company must then apply for an import license from the Ministry of International Trade and Industry (MITI).

When bringing goods into or out of Malaysia, need to provide the following documents to customs officials.

• Customs Export or Import Declaration
• Commercial Invoice
• Bill of Lading
• Packing List
• Certificate of Origin

Permits required for certain exported goods
Certain goods require additional approvals from affected ministries under the Customs (Prohibition of Export Order, 1998) :

• Wastes and toxics (Director General of Environmental Quality)
• Animals – dead or alive (Permit from Wildlife Department & Department of Veterinary Services)
• Coral used in jewellery (Export permit from Director General of Fisheries)
• Wheat or Meslin Flour (Permit issued from Ministry of Domestic Trade and Consumer Affairs)
• Pesticides (Ministry of Agriculture)

Tariff & Tax
Malaysia follows the Harmonized Tariff System (HTS) for imported and exported goods not originating (ASEAN). For goods arriving from ASEAN member states, Malaysia follows the ASEAN Harmonized Tariff Nomenclature (AHTN).

Free Trade Zone
Port Klang Free Trade zone is a very popular one, as port Klang is the commercial sea  gateway of Malaysian trade system. This zone includes 1000 acers of land, with many benefits for local & foreign investors.

Malaysia is a partner to seven bilateral free trade agreements (FTAs) and six regional FTAs. Malaysia has signed bilateral FTAs with:

• Australia;
• Chile;
• India;
• Japan;
• New Zealand;
• Pakistan; and
• Turkey.

CONDITIONS AND PROCEDURES FOR APPLICATION:

1. Companies need to be registered in Malaysia under SSM.
2. Companies need to submit the Application Form together with:
   1. Customs Form JK69 or K2.
   2. Memorandum and Article of Association (M & A).
   3. Super form : Information of Shareholders.
   4. Super form : Information of directors, secretary of company

PROHIBITION/RESTRICTION OF EXPORTS:
- The following goods are absolutely prohibited from exportation:

• Turtle eggs.
• Rattan from Peninsula of Malaysia.

- The following are some of the goods which require an export licence/permit from relevant authorities:

• Any animal or bird, other than a domestic animal or domestic fowl, whether alive or dead or any part thereof.
• Live animals from bovine species.
• Poultry.
• Meat of bovine animals.
• Cockles. 
• Plants including orchids.
• Vegetables, fresh, chilled or frozen in excess 3kg per consignment.
• Palm kernels and palm seeds.
• Military clothing and equipment.
• Arms and ammunition.
• Antiquities as defined or stated in any written law in Malaysia.
• Sugar and rice
• Coral, alive or dead.
• Live prawns/shrimps/fish.
• Collections of zoological, botanical, mineralogical, anatomical, historical, archaeological, or ethnographical with numismatic interest.

As a main sector of business Malaysia govt & Industry development authority welcoming Traders from home & abroad to invest in Malaysian international trading with a defined business law & flexible policy. The investor friendly world class infrastructure also giving boost to investors business & profit, land & sea communication also a blessings in Malaysia, with a vast source of educated manpower & defined taxation policy.

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

The construction or real estate development sector in Malaysia is playing a very important role in the economic growth in terms of generating vast revenue. Mega infrastructure development projects in Malaysia, growing this industry more profitable. The construction sector includes residential construction, non-residential construction, civil engineering and mega govt allowed projects. Malaysia govt welcoming legal investments with a positive Foreign Direct investment, business & tax policy.

Same as other business, you will need a construction company to do construction business in Malaysia. Company registration, banking, basic papers all might be same but to do construction business there are some special licenses you will need.
As usual under company act 2016 you will need to register a company under SSM, with a professional company secretary, which services we, Lim & Ani Associates are providing for our clients. After getting SSM papers or company registration, you have to get CIDB (Construction Industry Development Board) license.

Now what is CIDB, it's a compulsory requirement for all types of companies operating in this construction sector is that all investors will require a license issued by the Construction Industry Development Board (CIDB). This license is renewable and available for a period of minimum one year to three years. Applicant company will need to pay certain tax when applying for the construction license according to the grades of CIDB variation. Depending on CIDB grade construction companies can do full project, development or sub construction contracts. With CIDB license what construction services a construction company can provide:

• civil engineering construction;
• building construction;
• mechanical construction;
• electrical construction.

After CIDB there are few more licenses or papers companies must have to operate construction business in Malaysia, such as; Bumiputera Status Certificate to participate in government projects, etc. Construction companies are always labour related so we also advise interested investors to be aware of & follow MALAYSIAN EMPLOYMENT ACT 1955.

As a country with vast land property & space to develop Malaysia is a best place to invest in construction sector.

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

How many shareholders need to form SDN BHD/LLC ?
1 person can open Sdn Bhd company but we recommend combination of 2 persons.

Company Act/Law to follow ?
Company act 2016

How much paid up capital need?
Malaysian citizen can open half million or RM 500,000 company but we strongly suggest RM 1 million minimum for foreign investors (as per professional & practical market experience). 

How long takes to register Sdn Bhd?
Normally within 4-5 days a company registration are done through SSM.

Do I need to have office in Malaysia?
Yes (Virtual office also allow). The virtual address allows for company registration in Malaysia for foreigners. But physical office rental agreement act as strength of the company & better for business licenses, banking, etc.

Paid up capital capital?
50% to 70% at least

How much is the cost of Sdn Bhd company registration?Full package including more then 12 services are only RM 8650. We don't trap clients with low price lie but we provide quality legal services for actual result & profit.

Other licenses need to start business?
Signboard, premise, EPF, Export, Import, Halal and WRT as nature of business.

Bank account?
As your company secretary we can prepare papers for you & assist you to open bank account in foreign banks.

How I will buy shelf company?
Shelf is a ready company but business not run yet. We provide same if you want to buy from us @ RM 6000

Do I need nominee director in Malaysia?
No need technically if you want to open full foreign LLC but we suggest for your easy business process.

How much cost for local Malaysian nominee director service?
Usual market rate RM 5000 yearly.

Can a foreigner register a company in Malaysia?
Foreigner can hold 100 percent shares of company & can open company in visit visa also which is counted as legal.

Can foreigner open restaurant or Super shop in Malaysia?
Yes, can. Foreigner can open restaurant or super shop in Malaysia. But WRT and Halal licenses are additionally need.

How can I get business visa in Malaysia?
Only companies with ESD registration can apply of Business Visa for its directors & we suggest all foreigners to follow immigration rules strictly & to avoid all broker/visa agent to be safe.

Is it allowed to register a company without investor visa or in visit visa?
Yes.

Which banks recommended to open corporate account in Malaysia as foreigner?
MAYBANK, RHB, OCBC, STANDARD CHARTERED, UOB, ETC 

How can I open bank account as foreign shareholding company?
It’s difficult if registered paid up capital is below of RM 1 million and hold tourist visa . We recommend the investors to follow our guideline to avoid negative result.

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