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MALAYSIA BIZBLOG

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

AUTHENTIC MALAYSIA BUSINESS INFORMATION

Best guide for business setup and company registration in Malaysia

12/29/2020

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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?
  • Petrol Station or Petrol pump
  • Spa
  • Cybercafe
  • Jewelry shop
  • shop
  • PUB & Bar

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. 
 
  • Click to know about company registration in Malaysia.

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;
  1. Company registration.
  2. Business setup advisory.
  3. Accounting & Audit.
  4. Taxation & SST.
  5. Business licenses advisory.
  6. Professional global business advisory.
  7. Marketing & planning.
  8. Legal business policy & HR management.
  9. Business survival & transformation advisory.

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


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

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Joint venture company in Malaysia advisory and process

6/12/2020

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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:
  1. Identity of the parties
  2. Financial statements & credibility
  3. Corporate structure
  4. Company incorproation
  5. Accounting & taxation records 
  6. Nature and scope of business
  7. Objectives of the parties for the joint venture
  8. Share distribution & security between parties

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: advisory@mbbusinessjoint.com
www.mbbusinessjoint.com


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

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MEDAC to allocate RM452.8m under entrepreneurs’ business recovery plan

5/29/2020

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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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Photo: ringgitplus
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


  • COMPANY REGISTRATION
  • BUSINESS NEWS MALAYSIA
  • BUSINESS IDEAS IN MALAYSIA
  • BUSINESS ADVISORY IN MALAYSIA
  • DIGITAL CORPORATE SERVICES ONLINE
  • MALAYSIA MY SECOND HOME (mm2h) ADVISORY

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Trump banned immigration for green card | Malaysia is the new business migration destination

4/26/2020

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The American president Donald Trump is always trying to stop immigration in the USA, recently he took a drastic step towards it stepping on the COVID-19 situation.
“In light of the attack from the Invisible Enemy, as well as the need to protect the jobs of our GREAT American Citizens,” Mr. Trump wrote on Twitter, “I will be signing an Executive Order to temporarily suspend immigration into the United States!”

Tuesday his forthcoming executive order barring new immigration will apply only to people seeking green cards, the last 60 days and won't affect workers entering the country on a temporary basis. In recent weeks, the Trump administration has used health concerns to justify restricting immigration. Even before he did the tweet, they already had expanded travel restrictions, slowed visa processing, and moved to faster bar asylum-seeking people and undocumented immigrants from entering the USA, alarming immigration advocates said that Mr. Trump and his advisers are using a pandemic to further hard-line immigration policies. Which means, this ban will prolong for a long time, as we all know his work process & policy. 
The American dream is not an option for foreigners anymore, who are dreaming to migrate to the USA or settle in the USA with a green card through asylum, job, student, or business visa. 

On the other hand, Asia more specifically Malaysia is becoming the new investment or business migration destination. Countries like the USA, Kuwait, or Australia failed to control the COVID-19 situation & sending back their country foreign immigrants & workers, where Malaysia handled the situation successfully with the lowest rate of fatality & highest rate of infection recovery. Not only that also supporting all foreigners, with business facilities for foreign companies & businessmen as much as local citizen businessmen.  
"After discussions with our Malaysian colleagues in recent days, we found that at all levels Malaysia has attached great importance to the control and the treatment of COVID-19, their measures are comprehensive and effective," said Li Jun, head of the Chinese anti-COVID-19 Medical Consultant Expert Team.

Which is a prove of efficient Malaysian health care & a high standard of living at a very low cost, comparing to other countries. Not only living, Malaysia also has a very organized business infrastructure as a multinational business hub country. Malaysia has a very good foreign direct investment policy with FTA zones, DFTZ facility & business act 2016. Also offering a very well defined investor-friendly business tax & SST policy.
Even Malaysia offering 5 years of stay in Malaysia for tech entrepreneurs & 2 years renewable business visa (under ESD & immigration services).
As one of the leading Malaysia business specialist advisory firms, we - Lim & Ani Associates Sdn Bhd, providing all the legal business setup services in Malaysia. 


Current pandemic business facilities in Malaysia for local & foreign businessmen
  1. Govt. stimulus package USD 59.6 Billion
  2. RM 3000 for tax-paying SDN BHD (Pvt. Ltd.) companies
  3. RM 600 to RM 1200 salary allowance for local employees
  4. 25% less on foreign workers levy
  5. Up to RM 10,000 interest-free bank loan
  6. Up to RM 1 Million bank loan (2-4 percent interest) for 5 years plus & without collateral deposit
  7. 30% tax deduction for landlords if take less rental from business owners
  8. Malaysia also made coronavirus treatment free for foreign workers & declared no soul in Malaysia will be hungry, which is the best example of responsible & respectable leadership of the government. 

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 in Malaysia to grow together with Malaysia.

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;
  1. Company registration.
  2. Business setup advisory.
  3. Accounting & Audit.
  4. Taxation & SST.
  5. Business licenses advisory.
  6. Professional global business advisory.
  7. Marketing & planning.
  8. Legal business policy & HR management.
  9. Business survival & transformation advisory.
Our advisory line to consult more +60108242527 (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: +60108242527 (imo, whatsap & viber)
Call: +601121189303
Call: +603-84081680 (office landline)
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

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Coronavirus economy risk and secure business investment in Malaysia

4/11/2020

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We can not estimate the exact future economic damage from the global COVID-19 novel coronavirus pandemic but can see a big negative impact on the global economy or rescission coming towards us. But still, there is time to secure our business & investments to save our future & family.
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As per our & global business expert's assumption, major economies will lose at least 2.4 percent of the value of their gross domestic product (GDP) over 2020. Because of the long span of lock-down worldwide, there is a huge gap in demand & supply. Even at this moment for less consumption of oil already made the oil & fuel market price go down, it's because most of the world's population are at home. Like this many more businesses being highly effected, from f&b, tourism, hotel to branded retails.

To secure this coronavirus economy risk we have to analyze the present & future market, geography, new global market scope, remote business management strategy, consumer demand & supply chain. Where international business specialist as our self - Lim & Ani Associates, we can make your business transformation & investment more secure & stable. 

In this global risk also, there is a strong light of hope! We have learned from our previous epidemic & economic recession experiences, analyzing those previous experiences we can still avoid the full impact with less amount of loss globally. Many country governments have already started to come up with new business facilities & strategies, but at the end of the day, it all depends on the proper execution, market & consumers. But we should remember many businesses are getting affected but on the other hand, many businesses are doing more business than before, especially service sector businesses such as a super-shop, auto-motives, food supply, E-commerce, IT, Food supply, etc. This will do more better business as soon as lock-down orders are gone, but yet with transformation & innovative policy, many businesses can survive in this market where we are offering our advisory, financial planning & management transformation service globally. 

Now different geographical or country-based markets will be the most important element for business survival & investment security for our future & family. Because of global economic connection, developed country infrastructure, strong govt. management, stable politics, developed IT and a high-speed internet connection, developed online or E-commerce market, versatile multi-culture and multi-nation market in one place, a country can open business heaven for you. Even in this coronavirus economy risk also, such as; Malaysia. Here you can find all these facilities in one place. Because previously when countries like the USA & Australia suffered from the recession, Malaysia survived very well & developed more.

WHAT STEPS WE CAN HELP YOU TO TAKE FOR SECURE BUSINESS
  1. Business analyzation
  2. Existing market & new global market comparison
  3. New financial planning for security & savings
  4. Transform physical management into remote or online
  5. It's time for exploration to development
  6. Migrate investment in new & different sectors
  7. Think about family & future security in advance
  8. Join the online market with physical business (with innovation everything is possible)

WHY BUSINESS INVESTMENT IN MALAYSIA FOR FUTURE & FAMILY SECURITY
In south Asian COVID-19 or coronavirus economy, Malaysia is the most neutral & secure market until now. Where coronavirus affected & death rate is only 1.7 (one point seven) percent, which is a lot less than the USA, UK, CANADA, ITALY, INDIA, BANGLADESH, CHINA & many more other countries. If we check the history, even in the 2008 - 2009 global economic recession also Malaysia survived very well, we felt the effect very less in Malaysia.

Not only developed health system, but Malaysia also poses a very developed transport, infrastructure, open multinational market variety, one of the largest online markets in the world with active consumer, 97 percent private automobile ownership, trade & diplomatic relation with major economical countries, stable & cooperative political system, international open banking facility for investment, investor-friendly business law, foreign investor-friendly business licensing & for living immigration policy.    

Even in this year 2020 also, where countries like Australia and Kuwait asked foreigners to leave the country for coronavirus COVID-19 situation, Malaysia because of their strong economy, not only locals but took treatment & food responsibility for all the foreigners in the country also. This proves very easily the strength & capability of the Malaysian market to survive this pandemic economic risk situation. 

Current pandemic business facilities in Malaysia
  1. Govt. stimulus package USD 59.6 Billion
  2. RM 3000 for tax-paying SDN BHD (Pvt. Ltd.) companies
  3. RM 600 to RM 1200 salary allowance for local employees
  4. 25% less on foreign workers levy
  5. Up to RM 10,000 interest-free bank loan
  6. Up to RM 1 Million bank loan (2-4 percent interest) for 5 years pus & without collateral deposit
  7. 30% tax deduction for landlords if take less rental from business owners
  8. Malaysia also made coronavirus treatment free for foreign workers & declared no soul in Malaysia will be hungry, which is the best example of responsible & respectable leadership of the government. 

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 in Malaysia to grow together with Malaysia.

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

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


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

0 Comments

Run business from home in Malaysia | Home based business ideas in Malaysia

4/1/2020

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RUN BUSINESS FROM HOME IN MALAYSIA
For the present COVID-19 situation world business & economy is in challenge, but this is not the end of the world. To win & overcome this situation we can help you to RUN BUSINESS FROM HOME IN MALAYSIA, one of the secure & safest country for your family & future. Today we will also share about some HOME BASED BUSINESS IDEAS in Malaysia for local & international entrepreneurs in Malaysia. 

If we put Potato & Egg in hot water pot, the potato will be softer & the egg will be harder, so it's not the situation but our mind-set to face the situation is the key to success. Now it's safe to stay & run business operation from home, because we can not stop business or earning for our future & family. As a professional legal business advisory firm we can help you to manage your business operation from home & keep your business successful. Let's check our management services;

1. Business planning
  • Investment planning & re-planning
  • Foreign Direct Investment advisory
  • Online business & transformation planning
  • Present market analysis
  • Financial planning & resizing business

2. Business setup
  • Company registration online & off-line
  • Company secretary services online & offline 
  • Licenses application advisory
  • Bank account application & management advisory
  • Joint Venture & business collaboration advisory
  • Business sourcing & franchise opportunity for new entrepreneurs
  • online business, E-commerce, shop, factory, office setup advisory

3. After Business
  • Business development & transformation advisory
  • Marketing advisory as per current market needs
  • Accounting & audit online & telecommunication
  • Taxation advisory online & telecommunication
  • SST advisory online & telecommunication
  • Legal & management advisory
  • Branding advisory online & telecommunication

In this transforming & every day changing market we should be more flexible to work from home but with the same efficiency, as one of the reliable - Malaysia business specialist internationally recognized legal business advisory firm we are assuring best services for you via online & telecommunication with proper documentation, to make it consistency & easy for you.

HOME BASED BUSINESS IDEAS IN MALAYSIA
To adopt with the emerging & home-based market, we have to think about new home-based business ideas or subsidiaries to keep our cash flows ongoing, Today let's explore few of the practical business ideas from our Malaysia business specialist with experiences on the local market, who can always help you to transform, start, setup & run these businesses with licenses & all legal policies, in a profitable way.

1. Online Business: Malaysia have one of the largest & successful markets for online businesses. All kind of e-commerce & service-based online business is doable in Malaysia. Even Malaysia has its own online business & e-commerce business law, which makes it more reliable & we ensure the best online business setup & operation as per policy for you. The DFTZ or Digital Free Trade Zone policy of the Malaysian Govt. made it more attractive for investors & customers both.

2. IT sector: As online business is cover most of the market, ICT based services such as; software & apps development, website design & SEO, network & computer hardware-based services are a huge success for new investors & ICT professionals. Even for international investors under tech entrepreneurship program Malaysia Govt. offering 1 & 5 years of stay in Malaysia to capture the existing market. 

3. Childcare & Eldercare business: Nowadays childcare, daycare & eldercare business is one of the high demand business in Malaysia & all over the world. With good strategic property, licenses & business planning we can help you to set up one of the best & successful child/eldercare businesses, even it's possible to combine with proper management policy. 

4. Homestay business: As Malaysia is a tourist enriched & expatriate based country, homestay business with proper licenses, management & property investment is a sure success. Our experienced business management advisors, strategic & certified property agents, lawyers & accountant services are always available for a homestay business startup in Malaysia.

5. Marketing: Marketing experts & degree holders can always start their own research & consultancy business in Malaysia, which is easy doing as a freelancing basis. Nowadays social media marketing is a huge success. We can provide a company registration, advisory, startup training, certification & office support for this interested expert individuals in the Marketing sector.

6. Franchises: Malaysia is a country of Franchises, more than 30+ national & international major franchises brands are operating in Malaysia. Though franchise companies always provide full setup, management & staff support, it is a good decision to invest in franchise & take care of the business from home with technical & banking services. As an experienced franchise provider we can help you to choose the best one according to your budget including invest plan, purchase, setup, management facilities, accounting & taxation.

These are some of the recommended ideas to do home-based businesses in Malaysia, for national & international investors or businessmen who want to work flexibly in any situations. Even mm2h holders are also eligible to invest (no operate, as an investor only) in these business sectors with proper permission, licenses & legal business advisory.

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 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 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 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


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

0 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

Invest Malaysia 2020 - We setup your business in Malaysia

12/26/2019

10 Comments

 
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With our Invest Malaysia 2020 (IM2020) campaign we are making local & foreign direct investment in Malaysia more strong. We are helping entrepreneurs to set up a successful business in Malaysia. From company registration in Malaysia to business setup, business banking, financial planning, accounting, taxation, SST & business advisory, a full advisory package to make Investment, Business & Company registration in Malaysia more smooth & successful! To contribute to investors success & the Malaysian economy as a Malaysian legal investment & business advisory firm.

As a legal Malaysian business advisory firm, we are providing full investment, business & corporate legal advisory, even doing online. In a global competitive market, a proper business guidance & business experience makes your business successful. With our services we are building awareness on Malaysia business, investment planning, setup process to make it more secure, loss-free & formal. We are providing business services such as;

1. Business planning
  • Investment planning
  • Foreign Direct Investment advisory & planning
  • Business planning
  • Market research
  • Financial planning 

2. Business setup
  • Company registration 
  • Licenses application advisory
  • Bank account application advisory
  • Joint Venture advisory
  • Business sourcing for new entrepreneurs
  • shop, factory, office setup advisory

3. After Business 
  • Business development advisory
  • Marketing advisory
  • Accounting
  • Taxation advisory
  • SST advisory
  • Trading & Industry development advisory
  • Branding advisory

In the year 2020 we will increase our workforce, awareness building & legal advisory to increase comfort zone for investors & businessmen in Malaysia. It's the best time to invest in Malaysia as in the year 2018 & 2019, Malaysia got awarded as the best investment country in the world by CEOworld magazine report.

Get our investment advisory, company registration & business setup services
  1. Contact us through the Facebook page, Email, whatsapp, SMS & advisory numbers
  2. Discuss with our advisors & consultants
  3. Visit our office in Malaysia
  4. Have a face to face consultation & advisory
  5. Register company with us
  6. Get our business licenses advisory
  7. Setup business with our local business support
  8. Accounting & Audit Services
  9. Taxation & SST advisory
  10. Business development advisory
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With our experienced & expert advisory we make your company & business more successful. Our practical business setup services for foreigners in Malaysia we are providing attractive & reliable business setup services.
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, planning & 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.

W
e 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 in Malaysia to grow together with Malaysia. Usually as per practical market research, anyone can start a business within a small investment of RM 100,000 to above & can also get profitable franchises in Malaysia from RM 200,000 to RM 250,000.
Few fruitful business ideas for 2020, which we can help to set up for you
  1. Export-Import
  2. Car wash & Automobile
  3. IT business
  4. Departmental store
  5. Construction or Real estate contractor
  6. Furniture shop
  7. Restaurant or F&B business
  8. Laundry
  9. Tourism based business
  10. Oil & Gas
  11. Electric item & AC servicing
  12. Training center
  13. Gym business
  14. Pet store
  15. Wholesale
  16. Publication & printing

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 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 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 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


  • COMPANY REGISTRATION
  • BUSINESS NEWS MALAYSIA
  • BUSINESS IDEAS IN MALAYSIA
  • BUSINESS ADVISORY IN MALAYSIA
  • DIGITAL CORPORATE SERVICES ONLINE
  • MALAYSIA MY SECOND HOME (mm2h) ADVISORY

10 Comments

WRT - WHOLESALE RETAIL TRADE LICENSE MALAYSIA

12/7/2019

4 Comments

 

LET'S KNOW WHAT IS A MALAYSIAN - WRT LICENSE & FOR WHICH BUSINESS

A Wholesale Retail Trade license is a business license applicable to foreign owned (non-resident) company. A non-resident status company describes the total share ownership of the company with more than 50% owned by foreigners.
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Investors specially foreign investors should be careful on business licenses while open company in Malaysia & start business. Because for a genuine business process, proper licensing is a must, for business operations, foreign trade, banking & immigration issues. Should chose a company secretary or business advisor experienced enough to advice or guide you for all this licenses process, as Lim & Ani Associates providing a full license processing advisory.

For foreign businessmen & investors in Malaysia, WRT license is one of the most common license, Wholesale Retail Trade license is for foreign-owned companies intending to do retail & wholesale trade business in Malaysia. Approval for the WRT license is given by the Ministry of Domestic Trade, Cooperatives and Consumerism (MDTCC) or the Kementrian Perdagangan Dalam Negeri dan Hal Ehwal Pengguna (KPDNHEP).

WRT licenses are generally given to 4 main categories of trades in Malaysia, namely:
  1. Retail & Trading (Import and Export)
  2. Restaurant
  3. Franchise
  4. Services and Consultancy

WRT license issuance is purposed to:
  1. Ensure a fair development of the industry, while ensuring the growth of local businesses & market
  2. Encourage the modernization and increase the efficiency of the industry and its continued contribution to the growth of the economy
  3. Regulate foreign participation in the distributive trade sector in Malaysia.

To apply for a WRT license investors must have a SDN BHD company mentioning above business nature's & a genuine business setup including banking & taxation files. Your business advisor will know & do the application papers process for you to apply in concerned authority department. As one of the leading business & investment service firm we are providing, company registration, company secretarial, accounting, audit, licenses process advisory, banking, business setup & business advisory.

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 accountopening charges (first bank account)
  • Service charge & related services
  • Business counseling, planing & setup advisory

Why Choose 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 experts, expert business advisors and we are offering a one stop business solution in Malaysia. As a leading corporate service provider, we make sure that your company registration 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
+60108242527 (imo, whatsap & Viber)
+601121189303
+603-84081680 (office land line)
mb.businessjoint@gmail.com
www.mbbusinessjoint.com



  • COMPANY REGISTRATION
  • BUSINESS NEWS MALAYSIA
  • BUSINESS IDEAS IN MALAYSIA
  • BUSINESS ADVISORY IN MALAYSIA
  • INVESTMENT AS CAREER IN MALAYSIA

4 Comments

BUSINESS DEVELOPMENT & SETUP IN MALAYSIA

12/4/2019

4 Comments

 

BUSINESS DEVELOPMENT IN MALAYSIA

Business development is a very important part of any successful business, if there is no growth or development then it will a ill business. But with our experienced business development services in company registration, investment planing, business setup, risk management, business management, marketing & sales in Malaysia, you can build a strong business organization in international business market.
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Identify global business opportunity is an important thing for investment, in Malaysia we help you to find & identify the best business to invest for you.

Before any investment a proper business guidance & planing is very important.
  1. Analyzing the company's business model, investment capacity & target.
  2. Identifying to start or managing the existing business lines suitable for different international markets, accordingly to the company's competencies and know-how and responding to the business opportunities offered by Malaysian market.
  3. Accompaniment in decision making on both strategic and practical level.

Market management in Malaysian international level market.
  1. Developing market research studies in order to select and manage the target international markets based on: offer, demand, market trends, the company's business priorities and strategies in which regards international business development in Malaysia.
  2. Managing offline and online sales channels in Malaysian markets.
  3. Strategic decision making in market regarding: brand, product, service, communication, pricing and distribution channels.

Management of clients & sales for clients.
  1. Managing directly the B2B/ B2C and online / offline clients in markets and sales channels.
  2. Managing the complete sales itinerary: from pre-sales, visiting international clients, negotiating with methodology collaboration agreements, profitable and long-term sales with customers.
  3. Developing relations with customers, by integrating them in the company's value chain and by co-creating products and solutions adapted to their needs.

With years of experience, our advisors has the capabilities and expertise to take your business to the next level. In Lim & Ani Associates, we combine our insights and skills to transform your processes and strategies, and in turn, your company. We’re proud to help shape and improve how our clients structure and manage their business. ​

Why Choose 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 experts, expert business advisors and we are offering a one stop business solution in Malaysia. As a leading corporate service provider, we make sure that your company registration 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 accountopening 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.


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)
advisory@mbbusinessjoint.com
www.mbbusinessjoint.com



  • COMPANY REGISTRATION
  • BUSINESS NEWS MALAYSIA
  • BUSINESS IDEAS IN MALAYSIA
  • BUSINESS ADVISORY IN MALAYSIA
  • INVESTMENT AS CAREER IN MALAYSIA

4 Comments
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