MALAYSIA BIZBLOG
Office: +60384081680 | Advisory: +60108242527 (whatsapp)
The best guide for company registration & business setup in Malaysia with all frequently asked questions & information for 2021. We can tell why & how to register a company in Malaysia or start a business, with our professional business service experiences. At present time & covid-19 economy 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 better future & family. Malaysia Govt is providing one of the best business law, business taxation, health facility & 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 & the 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 Sdn Bhd company 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 company but we strongly suggest RM 1 million minimum for foreign investors (for licenses, commencements & immigration issues). Is 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 result & profit in 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, accountign, taxation & setup supports. How long takes us to register Sdn Bhd? Normally within 2-3 days, company registration is done through SSM. Is it possible to do company registration & setup online? Yes, now you can register a company in Malaysia online with us. In our regular full package price. We are also ensuring legal process security & payment security with PayPal Malaysia. For online company services & fee - CLICK HERE Can I enter Malaysia for business in this COVID-19 situation? Yes, can come to Malaysia through the MyTravelPass system by Malaysian immigration. We are processing invitations, applications, authorizations & all legal documents for investors, clients & eligible business personals to enter Malaysia for important business & investments. 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 agreement act as strength of the company & better for business licenses, banking, etc. We are providing registered office facility for free & virtual office facility in less cost. How much is the cost of Sdn Bhd company registration? The full package including several services (all applications, banking, legal papers, statutory documents, etc) is only RM 7500. For company services & fee - CLICK HERE Our annual company secretary services fee? We are offering a standard market rate of RM 60 per month, so (RM 60x12 month) is only Rm 720 annually. Business advisory fee? Our additional business, accounting, taxation, business planning, marketing, etc advisory fee is RM 500 per session (1-hour session). But we are giving 1st two-time advisory sessions free for our clients, so you are getting sessions worth RM 1000 FREE! Do other licenses need to start a business? Signboard, premise, EPF, Export, Import, Halal, and WRT as per nature of business. Bank account? As your company secretary, we can prepare papers for you & assist you to open a bank account in banks, also can arrange foreigners to be the sole signatory. How I will buy a shelf 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 5000 We can also assist in a name change, business nature change, directors agreement & other services post-purchase. Do I need a nominee director in Malaysia? No need technically, but as per rules & policy 2020, it is required to have a local director. But if you want to open a full foreign LLC we can still support you, we just suggest for your easy business process. How much cost for the local Malaysian nominee director service? Usual market rate RM 5000 yearly. Any Taxation facility? New registered companies and businesses will get a 20% tax rebate on taxable business income. Is there any business aid available for COVID-19? Yes, Malaysia Government declared a few business aid & grants already, which are already implementing nationwide. Can a foreigner register a company in Malaysia? A foreigner can hold 100 percent shares of the company & can open a company in visit visa also which is counted as legal. 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 Visa for their directors & we suggest all foreigners follow immigration rules strictly & to avoid all brokers/visa agents being safe. Is it allowed to register a company without an investor visa or in a visit visa? Yes. Which banks recommended opening a corporate account in Malaysia? MAYBANK, UOB, AmBank, 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 above point. We ensure sole signatory for our foreigner investor clients also.
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.
Contact & Email us for services price quotation with discount facility for covid-19 situation! Emali: advisory@mbbusinessjoint.com WHY MALAYSIA IS SECURE BUSINESS HEAVEN NOW Malaysia is one of the strong economic power in Asia & the world, even survived 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 aids, banking aid investing is more secure in Malaysia. Our advisory lines +60108242527 (whatsapp available) | +601121189303 (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, business advisors - a one-stop business solution in Malaysia. As one of the best leading corporate advisors, we are offering services bellow as per business act 2016 & Malaysian Govrment policy;
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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The genuine Investors & businessmen from all over the world can enter in Malaysia again for business purposes, lets see how its possible or we can help for out FDI - Foreign Direct Investment clients through legal Government & immigration policy.
The Immigration Department of Malaysia has launched the MyTravelPass system, which made it easier for Malaysians and foreigners to apply for entry or exit permits during the Covid-19 period. It reduced the application time to a maximum of five days. WHO CAN APPLY MTP Foreigners who wish to enter Malaysia with purpose of :
FOR PURPOSE OF HOLIDAY AND SOCIAL VISIT IS NOT ALLOWED WHO CAN NOT USE MTP Foreigner who holds Malaysia Long Term Visit Pass (LTVP) as follow are NOT ELIGIBLE TO APPLY through this channel :
AFTER ARRIVAL IN MALAYSIA WITH MTP Upon arrival in Malaysia, applicant needs to comply to the following procedures :-
QUARANTINE PERIOD CUT TO 10 DAYS Tan Sri Dr Noor Hisham Abdullah said the monitoring and observation period for travellers from abroad, as well as close contact tracing management would be shortened to 10 days instead of 14 day. BE CAREFUL FROM FRAUD AGENTS Remember it's only can be done through MTP system from Malaysia, dont get cheated by any visa agents or fake other country agencies. We are helping & advising genuine business investors online to apply who are interested to do investment in Malaysia with proper financial prove. We are helping to process the full legal business & investment papers in Malaysia. HOW CAN WE HELP? We are helping our company & business setup services package clients to apply MTP (My Travel Pass). Doing company registration online legally, Malaysian registered address, set up business in Malaysia, finding Malaysian business to invest, apply MIDA for industrial licenses & business banking. A full assisting in Malaysia as a legal business advisor. CLICK HERE for company registration package, fee and costing details Our advisory lines +60108242527 (whatsapp available) | +601121189303 (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, business advisors - a one-stop business solution in Malaysia. As one of the best leading corporate advisors, we are offering services bellow as per 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: +60108242527 Call: +601121189303 Call: +603-84081680 (office landline) Email: advisory@mbbusinessjoint.com www.mbbusinessjoint.com 
Malaysia is one of the best places to invest in this covid-19 economy, awarded as the best investment country in the world for 2019 & 2020 by CEOworld report. The steady and business friendly economy of Malaysia has attracted many foreign and local investors. Many people who want to start a business in Malaysia are confused about – what type of business they should start to survive in this COVID-19 global economy? To help them decide, this article is going to describe some of the best profitable business ideas in Malaysia for the year 2021, we can also help you to find a business for sale in Malaysia or take over a running business.
1. Export-Import Most of the FDI is coming in the Export & Import section. From garments to vegetables everything is being exported & imported from all around the world. For medical supplies & food supplies, trading is a very profitable option. With a good office setup, enough capital, storage & licenses you can also start this business for a better investment in Malaysia. We can help you with setup, papers, licenses, ERC & IRC, customs & other all. We also encourage new entrepreneurs to come into this business for a better ROI. 2. Car wash & Automobile In Malaysia, most of the people use their private car that's why car wash & auto service workshops have a good profit scope. Vehicles registrations in Malaysia reach 31.2 million units as of 2019. You can do branded car wash franchise as we provide advisory for franchises & to do smart profitable invest with our proven successful client histories. As a Malaysian franchise provider, we can help our clients to get franchise car wash stores & do the full setup. 3. IT Business For the last few years, Malaysia Govt. giving a very good chance for IT Engineers, as Prime Minister Tun Dr. Mahathir bin Mohamad started MDEC in 1996 & Cyberjaya facility boosted it most. We are also encouraging for investment in Hardware, Software & CRM sectors. We are providing an A to Z facility for our clients to start IT business including Taxation & other facilities. 4. Departmental store Departmental stores or Kedai Runchit, Pasar Mini, etc are very popular & stable investments in Malaysia. Can start in Minimum investment with small size. But for better profit also can do Franchise Departmental Store, such as 7 eleven, MY 168 MART, etc. But according to DBKL rules 2020, a local director in the company is a must to open a store in Malaysia & get business licenses. We also have running business for sell in Malaysia to buy & invest with legal papers & security. 5. Construction or real estate business As a multi-cultured, populated country, the real estate business is a very profitable business to invest in. In Malaysia, there are lots of land to develop & lots of clients to pay for construction projects. In Malaysia, the construction or real estate business generated RM 16,656 Million of the GDP in the first quarter of 2019. As we have well experiences in the Malaysian real estate business sector, we are successfully processing construction company setup for clients. 6. Small restaurant & food supply In this present economic situation, we will strongly suggest small size multi cousin restaurant or an online food supply business. We know that Malaysia is a tourist country. Restaurant is one of the best businesses in Malaysia if you can start smartly with money. A local Malaysian director is a must for restaurant business licenses. 7. Laundry Now a days in Malaysia auto Laundry business is a successful business. You may setup the business near a residence area with working & student class residences. 8. Tourism Malaysia is a tourism dominated economical country, this leaves tremendous benefits to make by investors in the nation’s tourism division. A good budget can open a tourism business, can build, air-ticketing, medical tourism, hotel, guest house, homestay, inbound tour guide center with car rental, etc. 9. Cleaning Because of th present situation & health safety, cleaning & disinfection services are very profitable & on-demand. 10. Online supply & wholesale business At this present corona situation & market, online business is new normal, trading & shopping are mostly being done in online markets, apps & websites. The supply chain also got online, we are also helping clients & investors to cope up with the new normal. Which is less hectic, budget-friendly & easy to operate. Our experienced advisors are always here to guide & transform. Few more small business ideas in Malaysia
Few businesses which foreigners are not allowed to do
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 company registration service package includes:
Contact & Email us for services price quotation with discount facility for covid-19 situation! Emali: advisory@mbbusinessjoint.com WHY MALAYSIA IS SECURE BUSINESS HEAVEN NOW Malaysia is one of the strong economic power in Asia & the world, even survived 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 aids, banking aid investing is more secure in Malaysia. Current pandemic business facilities 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 this 2020, as a foreign direct investment for a better future & family. We are offering many business varieties in various investment budget for foreign investors to make a profitable business investment as per their budget, so everyone gets a fair chance to make genuine investment & business survival in Malaysia, to grow together with Malaysia. Our advisory lines +60108242527 (whatsapp available) | +601121189303 (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, business advisors - a one-stop business solution in Malaysia. As one of the best leading corporate advisors, we are offering services bellow as per business act 2016 & Malaysian Govrment policy;
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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