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The construction and real estate development sector in Malaysia plays a crucial role in driving economic growth by generating significant revenue. With numerous mega infrastructure projects and ongoing development, the construction industry is becoming increasingly profitable. This sector includes residential construction, non-residential construction, civil engineering, and large-scale government-approved projects. Malaysia’s government actively encourages legal investments through favorable Foreign Direct Investment (FDI) policies, as well as business-friendly tax policies.
To start a construction business in Malaysia, you must establish a construction company. The process involves several important steps, including company registration, opening a business bank account, and obtaining specific construction licenses. Key Steps to Start a Construction Business in Malaysia:
The Construction Industry Development Board (CIDB) is a mandatory requirement for all companies operating in Malaysia's construction sector. Since 20 July 1995, all local and foreign contractors must register with CIDB under Section 25 of Act 520 (Amendment 2011) before beginning any construction work in the country. Contractors who fail to comply may face fines and other legal consequences unless they are granted an exemption under Section 40(1) of the Construction Industry Development Board of Malaysia Act 1994 (Act 520). The CIDB license is renewable, with options ranging from one to three years. The application process includes paying a fee based on the CIDB grade, which defines the scale of construction work a company can undertake—whether full project management, development, or subcontracting work. Types of Construction Services Permitted with a CIDB License:
CIDB GradesThere are seven CIDB grades (G1 to G7), with G5 and G7 being the most commonly used. Contractors must report any project exceeding RM 500,000 to CIDB and pay levies accordingly. Failure to report can lead to fines and legal action. CIDB License Application RequirementsTo obtain a CIDB license, companies need to meet the following requirements:
Our CIDB Application Services: We assist clients with the CIDB application process by preparing necessary documents, including CTC and paid-up capital documentation. We also help recruit local engineers and provide legal business advisory based on the latest regulatory requirements. Additional Licenses and Compliance In addition to the CIDB license, companies may require additional licenses like the Bumiputera Status Certificate to bid on government projects. As the construction industry is labor-intensive, we also guide investors on compliance with the Malaysian Employment Act 1955, ensuring smooth operations in hiring and managing workers. 
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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AGRICULTURE AND FISHERIES BUSINESS SETUP IN MALAYSIA WITH COMPANY
The agriculture and fisheries industry alone contributed 8.2 per cent of Malaysia’s GDP in the year 2017. The food base agriculture industry includes commodities such as rice, fruits, vegetables, fisheries and livestock. the main institution which handles the development of the field is the Ministry of Agriculture and Agro-Based Industry (MOA).
In order to start a business in Malaysia, investors need to open a company in Malaysia, In most of the cases which should be a SDN. BHD. comapny. Foreigners are allowed to set up a company with 100% foreign capital, which is usually registered as a limited company (SDN. BHD.). However, it is important to know that all the companies registered here require at least two directors, at least one of them must be residents of Malaysia. At the same time, it is compulsory to have a business address registered in Malaysia, as well as a corporate bank account. Our team of associate business specialists, company secretaries & legal business advisors in Malaysia can assist investors with company registration & business setup including agriculture or fisheries land lease & licenses. Malaysia has a network of farmers’ organizations that come under the administrative jurisdiction of the Farmers’ Organization Authority, a statutory body under the supervision of the Department of Agriculture. Under the Farmers’ Organization Act 1973, any person engaged in agricultural or livestock production is eligible to be a member of, and to form, a farmers’ organization registered under the Act. Land acquisition Identify and summarize the legislation addressing agricultural property transactions in your jurisdiction. Outline how farmland is typically held. Pursuant to the Federal Constitution of Malaysia (the Constitution), land matters generally lie within the jurisdiction of the various state governments:
Labor & worker policy for agriculture sector There are no specific rules or laws governing the rights of workers for agricultural operations. As is the case with workers from other industries, the rights of workers for agricultural operations are primarily covered under the:
Foreign workers for agriculture sector in Malaysia Non-citizens working in Malaysia must obtain the applicable work permits, depending on the types of work carried out. Under Malaysian immigration laws, foreign workers are only permitted to work in the following sectors:
Law regarding export-import agriculture goods The Customs (Prohibition of Imports) Order 2017 and the Customs (Prohibition of Exports) Order 2017 issued pursuant to the Customs Act 1967 list goods that are either absolutely prohibited, or which may be imported or exported subject to the importer or exporter obtaining the relevant import or export license from the specified authority. 
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 about starting a business & company in Malaysia Call: +60172041317 (whatsapp available also) Call, Email, or text us & take an appointment from the website to visit our office in Malaysia. LIM & ANI ASSOCIATES SDN BHD Call: +60172041317 Call: +60108242527 Call: +603-84081680 (office landline) Email: [email protected] www.mbbusinessjoint.com 
A joint venture is a strategic business arrangement or collaboration between two or more parties, where these parties agree to share their expertise, experience, and resources to accomplish a common business activity, goal, or project. In Malaysia, the company to enter a Joint Venture should be SDN. BHD. (Pvt. Ltd) & should have a paid-up capital of at least RM 350,000 to RM 500,000. But if foreign parties involved for licenses and other processes we suggest our clients to do company with a minimum authorized capital of RM 1 million. Joint ventures in Malaysia can also be set up as partnerships between locals & foreigners, in which the purpose will also be a common business goal.
In a simple word we can tell, if you don't have enough capital or money to start a medium or big scale business, don't have jurisdiction to run a business alone in a foreign land, don't have enough management support or time for management, you can join with other businessmen, investor, companies or local partners to gather enough money, capital, management aid, legal business aid, legal policy support to start the business. Famous electric device brand SONY ERICSSON is one of the best example for the Joint Venture business. Types of Joint Ventures 1. Incorporated Joint Venture 2. Unincorporated Joint Venture The Joint Venture Agreement A joint venture agreement is a definitive agreement that establishes the joint venture between the parties to the intended joint venture. A joint venture agreement should outline the contributions, expectations, obligations, rights, and duties and responsibilities of all relevant parties to the intended joint venture. Factors to Consider Before Entering a Joint Venture There are many factors for parties to consider before entering a joint venture. Usually business advisors like - Lim & Ani Associates do ensure this sort of issues & risk factors as legal business advisors in Malaysia:
Parties should consider appointing a legal professional to conduct preliminary due diligence on parties to an intended joint venture to avoid the possibility of future setbacks. This essentially minimizes future risks and promotes transparency between all parties to the joint venture, which services are also a specialty for us - Lim & Ani Associates Sdn Bhd Malaysia. Our advisory line to discuss more +60108242527 (whatsapp available also) Joint Venture in Malaysian Markets A common use of JV is to partner up with an individual or group of local or foreign businessmen to enter a foreign market. Businessmen who want to invest & start a business in new countries can usefully enter into a JV agreement to make secure, stable investment & get local management facilities, business security with local businessmen or companies. If you don't have enough experience in business, then having experienced partners can boost up your business & profit more. Where in a business ranked country like Malaysia it has a better opportunity if done by legal & experienced experts. In the last few years we have successfully launched, consulted & did the setup for many Joint Venture businesses for our clients, which are very profitable such as; stores, automobile (car wash/car rental), factories, agro firming, restaurants & export-import trading. We are experienced enough practically to register & se-tup a better Joint Venture business for you in Malaysia with local businessmen & entrepreneurs to make it safe, secure, bigger & better. We are solving all issues of Joint Venture in Malaysia, such as finding trustworthy partners, incorporate companies to make JV, finding suitable business, legal JV agreement, fund management, lawyer services, risk management, insurance services, share distribution, banking, audit & taxation, etc. We are providing premium services by implementing FDI (Foreign Direct Investment) process & facilities in Joint Venture to make business & investment in Malaysia more easy & profitable. Usually it's possible to start Joint Venture in small business also, you can start JV by normal or equity shares of minimum RM 50,000 to RM 100,000 to above. Where ROI & profit can be shared 50/50 or as per share portion. We are also giving JV partnership supports to the foreign clients, being their working local management partners to ensure secure business in Malaysia for our clients. As No. 1 business & investment friendly country in the world 2019 (CEOworld magazine) Malaysia is the best option to start your Joint Venture in planned & secure investment. Our advisors are always here in Malaysia to support, consult & plan for you. Free consulting line: +60108242527 (whatsapp avaialble also) CLICK HERE TO KNOW ABOUT PROFITABLE BUSINESS IDEAS IN MALAYSIA To know more, counseling & planing with advisors, agreement discussion, etc, contact us any time & visit our office in Malaysia. LIM & ANI ASSOCIATES SDN BHD Call: +60108242527 (imo, whatsap & viber) Call: +601121189303 Call: +603-84081680 (office landline) Email: [email protected] www.mbbusinessjoint.com |
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