MALAYSIA BIZBLOG
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According to the 2022 Milken Institute Global Opportunity Index, Malaysia ranks No. 1 in emerging Southeast Asia as the country with the most potential to attract foreign investors. From manufacturing and distribution to technical expertise in the service sector, doing business in Malaysia offers opportunities to everyone. Investors will find business heaven of investment opportunities upon their arrival. The World Bank has ranked Malaysia as the 6th friendliest country in the world to do business in, beating developed countries such as the United Kingdom, Australia, and South Korea.
Here are the reasons why any investor and businessman can invest in Malaysia for a better business experience and profit; 1. Strategic Location Malaysia is in the heart of ASEAN and has vast market access of over 600 million people. The country has a GDP of more than US dollar 1.5 trillion. Major international business centers in Asia such as Tokyo, Beijing, Hong Kong, Shanghai, and Seoul are very easily reachable from Kuala Lumpur. 2. Easy Business Starting a company in Malaysia is easier than in other many countries in the world, with only 3 working days and an affordable fee to incorporate a company, it's very easy and systematic to set up a company and business, specially with the assistance of business setup consultancy firms like us; Lim & Ani Associates. 3. Political Stability Malaysia continues to enjoy a politically stable environment even after 64 years of independence, led by a democratic government. Malaysia is a country of states, federal policies, patriotic Malaysian nature kept the benefits of the country's economy above all political differences. All the Governments are very friendly with foreign investors and businessmen. 4. Incentives Malaysian authority offers incentives to the industries to set up their business to encourage foreign investors to participate in the Malaysian economy. Tax incentives and expatriate employment incentives are noticeable among them. 5. Infrastructure Infrastructure in Malaysia is excellent and constantly improving. It is one of the most well-developed countries in Asia, making it a great choice for both secure living and for business or investment. World-class airport and the world’s 12th busiest seaport provide great connectivity with the world. Industries in Malaysia are predominantly located in over 500 industrial parks or estates and 18 Free Industrial Zones. 6. Workforce In terms of employment by skill level, Malaysia's share of skilled employment is at 28.2%. At the same time, the share of semi-skill workers is at 59.9% and the share of low-skilled employment is at 11.9%. Free education policies have contributed greatly toward the development of a productive workforce in the country. International investors and businessmen don't have to worry about setting up a business in Malaysia because most of the population is trained in various ways and very fluent in English to access the easy workforce. 7. Business-Friendly According to a Standard Chartered Group study, MALAYSIA is ranked the “second most favorable country” for foreign investment in Asia by European and US companies. Malaysia ranked as the number 1 country in the world for easy business process and friendliest in doing investment by the CEOWorld report 2019 & 2020. Strategic location, stability, affordable living with full of business investment opportunities in Malaysia increased the demand for setting up companies on Malaysian soil. 8. Living facilities Not only a vast market and an easy company or business setup, but the country also has a multi-culture environment, which makes Malaysia a compelling destination to live in. The low crime rate, anti-corruption law, and stands made Malaysia a more attractive living place for all peace-loving people around the globe. Well-developed medical network, low-cost living, easy to access transport, world-class education system made Malaysia one of the best living and migrating destinations for investors and businessmen. Malaysia is also providing a business visa facility for investors to live here with family and do a fruitful business in peace. 9. Big e-commerce market Malaysia's E-commerce industry is expected to grow at an annual growth rate of 11.4 percent (CAGR 2019 -2019) and the total revenue for the entire industry is $1.31 billion. The growth is expected to grow to $2.53 billion by 2022. One of the biggest online markets with active buyers who are purchasing daily. From home decor to food, electronics to kitchen items all are purchasable in Malaysia's online market with easy online payment terms. 10. Banking Malaysia has a very strong banking system with lots of banks and strong business banking facilities, low rate of interest, and SME business loans making Malaysia's banking sector more business-friendly. In short, with the best business policies, updated business law, and vast business market access, it's the best time for investors to invest in Malaysia and grow with profit and business security even in this COVID-19 economy. It's a very attractive and fruitful destination for secure business investment, future growth, and family living. Email us for more details: advisory@mbbusinessjoint.com 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, business advisors - a one-stop business solution in Malaysia. As one of the best leading corporate advisors, we are offering services below as per business act 2016 & Malaysian Government policy;
Call, Email or text us. LIM & ANI ASSOCIATES SDN BHD Call: +60108242527 (whatsap & viber) Call: +60172041317 (whatsapp) Call: +601121189303 Call: +603-84081680 (office landline) Email: advisory@mbbusinessjoint.com www.mbbusinessjoint.com
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Malaysian furniture market is vast & Malaysia ranked as one of the top 10 largest exporters of furniture in the world, Malaysia exports around 80% of its production. The demand is still high even in the domestic market, there are about 2,400 furniture firms, yet it's not enough to fulfill the home & global market. The furniture business is one of the best and secured sectors to invest in Malaysia. You should start a profitable furniture business in Malaysia if you are a new investor or looking for secure investment profit.
Even after global COVID affected economic downturns, the furniture industry is still blessed with strong global demand. The government also plays an important role in supporting the industry. Providing PS (Pioneer Status) for tax exemption and Investment Tax Allowance, the pro-business environment makes doing furniture business more reliable. Approved Investments in the Malaysian furniture sector are around RM 719.2 million (Foreign Investment RM353.7 million & Domestic Investment RM365.5 million). To start a furniture firm/factory/showroom/export house you will require a company in Malaysia, with bank accounts & related business licenses. As a corporate business management and consultancy firm, Lim & Ani Associates Sdn Bhd gives you full business and company setup services consultancy, bank account opening advisory with related banks, related licenses application process advisory & online/offline marketing advisory. You can start a furniture business in 3 ways;
As a business management service provider, we can make all these available for you. Even we have enough local Malaysian furniture factory listing who want investment & ready to go into a joint venture with other companies. To learn & understand the business you can do a joint venture with them under your own company. We ensure, finding secure & reliable local furniture factories, joint venture arrangements, joint venture agreement advisory, joint venture compliance consultancy, business management services, financial services resourcing with our vast accountant's network. As industrial level investment requires a lot of investment, we can assist you to start with a small amount of investment budget.
The profit margin for the furniture business is quite good, varies from 35% to 40% depending on the item, quality, demand & business management utilization, where we are offering an A-Z management and consulting service. Email us for more details: 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 aid, banking aid investing is more secure 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 2022, as a foreign direct investment for a better future & family. We are offering many business varieties in various investment budgets 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. 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, business advisors - a one-stop business solution in Malaysia. As one of the best leading corporate advisors, we are offering services below 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 (whatsap & viber) Call: +601121189303 Call: +603-84081680 (office landline) Email: advisory@mbbusinessjoint.com www.mbbusinessjoint.com 
Most of the time, new investors & businessmen look for safe or running business options to acquire or buy in Malaysia, as legal corporate business management service providers, we assist clients to set up their own company, bank account, find secure and reliable profit margin holding business, check background, do legal agreement, purchase, settle accounts, after purchase services & workers management.
The meaning of acquiring a business; acquiring a running business means buying a running business under your own company including the capital, assets, staff, stocks, orders, clients & running it with a safe side. Facebook acquired Instagram in 2012, paying $1 billion, now Instagram's worth is more than $110 billion, which is a successful example of a safe & secure deal. Where acquiring sound profitable, to make a successful & profitable it requires;
Acquiring business or asset pros & cons; Asset Purchase Pros
Steps of acquisition & how are we helping you;
We ensure the best services, as we are serving for a long time already, we have a vast network of associates, partners and businesses to ensure the best deals for your investment security. We plan the acquisition for you as per your budget and arrange a local joint venture or investment for you. We are offering you the best services with quality & premium facilities at a convenient price. 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 consultancy, bank account advisory, business licenses consultancy & business investment advisors. Our company registration consultancy package includes:
Email us for services price quotation with discount facility for the covid-19 situation! Email: 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 aid, banking aid investing is more secure 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 2022, as a foreign direct investment for a better future & family. We are offering many business varieties in various investment budgets 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) "World's finest Business investment in Malaysia with Lim & Ani Associates Sdn. Bhd." 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 
Malaysia is one of the best places to invest in this global economy this 2022, awarded as the best investment country in the world for 2019 & 2020 by CEOworld report. Today we will check the best profitable businesses in Malaysia 2022. The country is open for small, middle & big ventures with a good return. 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 2022, we can also help you to find a business for sale in Malaysia or take over a running business. Specially for the covid-19 economy, the government is moving towards a more business-friendly economy by setting up a special package to facilitate business called PEMUDAH.
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 Malaysia’s automotive industry is very successful. In addition, the country is the 22nd largest automotive manufacturer in the world. 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 United Nations World Tourism Organisation (UNWTO) listed Malaysia as the 10th most visited country in 2012. 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. Garment/clothing/fashion The people of Malaysia are very fashion sensed. A retail fashion clothing store in a commercial location can bring good profits. Specially if you have a production line or garments factory you can make more profit. Setting a clothing brand in Malaysia is quite easy, we are helping with the full business setup process. 10. Cleaning Because of the present situation & health safety, cleaning & disinfection services are very profitable & on-demand. 11. 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. 12. Oil & Gas business Oil and gas are the promising industry of the country. Malaysia is an exporter of petroleum products and natural gas. So it's easy to start a business in this industry. There are several business opportunities for small and medium business. 13. Mobile & accessories Mobile & accessories business has high potential in Malaysia. Usually, Malaysian's are more into new models & trending accessories. The mobile phone accessory industry is growing fast in these parts. 14. Car rental business The car rental business is a very popular business in Malaysia. Starting a car rental business here can be a profitable investment. We are providing car purchase & full business setup facility. 15. Airbnb business Malaysia is a tourist county & tourists nowadays are more and more preferring Airbnb for short & long stay accommodation. If you have a property rental or leased property near a tourist destination, can rent it on Airbnb for an easy & profitable business. 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 consultancy, bank account, business licenses advisory, accounts & taxes for you by our experienced partner & associate accountants, tax advisors, SST advisors & business investment advisors. Our company registration consultancy 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. 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) 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 
The restaurant business is never too easy to run but in Malaysia, where eating out is a part of the national culture, is heaven for restaurant business investment for any national & international businessmen.
But you might think covid-19 changed the whole scenario in Malaysia, it's true last March 2020 Malaysia went into first partial lockdown with other countries in the world, which made restaurant business a little bit difficult – but aid from the government, rental relief from landlords made it a little bit easier, the actual success player was food ordering apps. They changed the whole industry & still the market is surviving. Today we will explore the new opportunity that showed up in the restaurant business industry after covid-19 lockdowns. We will check on both digital app-based & dine in based restaurants opportunities. Food delivery based digital restaurants & coffeeshops Where many restaurants owners closed down, others saw opportunities into the crisis, new entrepreneurs entering the F&B market made success with their tech understanding & guides from expert business advisors like us, who helped to reshape their strategy & use the market gap created over the last few months.
The statistics say right now in Malaysia;
A budget of US$25000 or approximately RM 100,000 is enough to start an online catering/food delivery business. We are providing a full set of company registration, business setup, investment planning, online marketing, technological arrangement, business licenses, market research, business management & accounting services for you. Also, we are offering business strategies based risk management services such as; Hygienic practices Malaysia is mostly vaccinated right now & government SOP's are so strong. If you maintain a clean kitchen following all vaccination & health SOP's, you can gain more consumer trust. We are offering a full company, licenses, documents, management & risk factors planning services in Malaysia Local "Near Me" Searches Nowadays google & other search engine's "Near Me" option is very effective, mostly users & drivers are using this option. A good optimization can bring you more business. Where we can help you to make a good "Near Me" visibilities. Search Engine Optimization A good SEO can bring you more digital marketing benefits & visibilities where we have certified SEO experts to boost your business much better. Influencer Marketing Nowadays people are more into real-life influencers, a popular face can add more value to your business which we can arrange & manage for you in any city or area base market in Malaysia. Branding Good branding is the backbone of marketing for any business, as experienced marketing experts in Malaysia, we can help you to build a strong & trustworthy brand value. In the restaurant business, a video branding of your food & food reviews is the best option, we have a specialized skill set in this sector. Food Delivery System Delivery is the life source of the online food business industry, if you are not using any third-party app or delivery system, it's a must for you to maintain a good food delivery system. Which can help you to gain more profit & faster delivery can bring more value with trust. You can hire your rides or riders companies to work for you, where our advisors can help you to choose the better option as per your investment, market & needs. Dine -in based restaurants & coffeeshops Now if we go for the dining in restaurant business model, until even last week it was only a take-out system. Even many restaurants lost hope & closed down, which created a huge market opportunity. After mass vaccination & lockdown pause, restaurants can operate again with take-outs & small-scale dine-in restaurants. After the covid-19 pandemic, the environment in the restaurants has changed to masked waiters and waitresses, tables are six feet apart with optional sneeze guards at the counters. Eventually, things are becoming normal, and restaurants have started reopening, restaurants need to focus on keeping things contactless, germ-free, certified & authority checked. As per thestar.com.my report, more than 2000 restaurants & coffee shops have closed down. It's a good time to fill in the blank market & use the investment profitably, as restaurants will always prevail until we are alive to eat. A budget of US$25000 to US$40,000 or RM 100,00 to RM 160,000 is enough to start a restaurant business in Malaysia at this moment.
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 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 below 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 (whatsap & viber) Call: +601121189303 Call: +603-84081680 (office landline) Email: advisory@mbbusinessjoint.com www.mbbusinessjoint.com 
According to a Standard Chartered Group study, MALAYSIA is ranked the “second most favorable country” for foreign investment in South-East Asia by European and US companies to establish or expand their sourcing, selling or operations over the next six to twelve months. Malaysia continues to be the famous investment destination for the manufacturing and global service sectors in Asia. Malaysia remains an attractive investment destination with favorable government business aids & an economical environment including the availability of excellent infrastructure, telecommunication services, financial and banking services, as well market opportunities offered through the 16 Free Trade Agreements (FTA).
"Despite the pandemic and a shifting political landscape, Bank Negara Malaysia (BNM) data showed direct investment of RM689.1 billion in the third quarter of 2020." According to MIDA it has identified 240 high-profile foreign investment projects including Fortune 500 companies in the manufacturing and services sectors, with a combined potential investment value of RM81.9bil. “Presently, Mida has also received RM47.7bil worth of potential investments into the country. These projects, once approved, are expected to be implemented within 2021 to 2022, ”. MIDA has also received RM47.7bil worth of potential investments into the country. These projects are expected to be implemented within 2022. Despite the pandemic and a shifting political landscape, Bank Negara Malaysia (BNM) data showed direct investment of RM689.1 billion in the third quarter of 2020. After the Covid-19 effect Malaysian government is preparing now for the recovery of the economy, with a range of incentives and long-term recovery initiatives in place to build on effective pandemic relief measures. The Malaysian government has also allocated RM1 billion as a special incentive package for high value-added technology, supporting R&D investment in aerospace and electronics clusters in industrial parks. 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 2. Car wash & Automobile 3. IT Business 4. Departmental store 5. Construction or real estate business 6. Small restaurant & food supply 7. Laundry 8. Tourism 9. Cleaning 10. Online supply & wholesale business We have both running business overtake & new business setup services for our investors as per their customized needs, as per budgets & need. 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 providing company registration consultancy package, bank account opening advisory, business licenses consultancy, accounts & taxes consultancy for you with our experienced partner/associates accountants, tax advisors, SST advisors & business investment advisors. Click to know about company registration 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 consultancy services in Malaysia, with experienced & licensed company secretaries, professional accountants network, 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 below 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 (whatsap & viber) Call: +601121189303 Call: +603-84081680 (office landline) Email: advisory@mbbusinessjoint.com www.mbbusinessjoint.com 
In this COVID-19 economy, Malaysia is one of the safest countries to invest in for better business survival, investment, medical, family & living security. Today we will make a small review that why it will be the best decision to invest in Malaysia at this moment. We make your investment & company setup successful in Malaysia as per your budget.
For the COVID-19 pandemic, the Malaysian government updated the implemented measures continuously, such as; Movement Control Order (MCO), based on the COVID-19 situation from time to time. Until 31st March 2021, Malaysia recorded 345,500 total COVID-19 cases, of which 14,604 hospitalized, 329,624 recovered, and had 1,272 deaths. All the important economic sectors have reopened, with a very strict SOP (Standard Operating Procedure) to follow. The country border remains closed and only travelers with approval from relevant agencies are allowed to enter. Measures are taken to prevent COVID-19:
Effective Penalties As per the Emergency (Prevention and Control of Infectious Diseases) (Amendment) Ordinance 2021, from 11th March 2021, any individuals who violate SOPs stipulated for the prevention and control of the COVID-19 pandemic can be fined not more than RM10,000. Companies that violate the SOPs can be fined not more than RM50,000. International travel International travel is still not permissible as Malaysian borders remain closed. Malaysia and Singapore’s borders going to reopened for the selected travelers under the Reciprocal Green Lane (RGL) and the Periodic Commuting Arrangement (PCA) travel schemes very soon. The Malaysian government is very open to business investment and welcomes the entry of business travelers amid the COVID-19 pandemic. The government started the One Stop Centre, in October 2020, which aims to help business travelers’ business entry to Malaysia easier. The government has also started a Safe Travel Portal with information and advisory services to help business travelers entry into Malaysia, effective from 3rd March 2021. Before entering Malaysia, the applicant is requested to undergo the rT-PCR COVID-19 Test abroad within 3 days and must be medically confirmed to be tested negative for COVID-19. All entries into Malaysia must take another health screening at the Point of Entry (POE) - the travelers must bear rT-PCR COVID-19 test and quarantine costs. On 18th September 2020, the National Disaster Management Agency has decided that all foreign nationals are subjected to bear the full quarantine cost of RM4,700, effective from last 24th September 2020. All Malaysians and foreigners who are coming back to Malaysia, must download and use the MySejahtera application. Economic growth According to the Malaysian Ministry of Finance, Malaysia’s GDP is expected to regain its growth in 2021 of 6.5% to 7.5%. The online sales of consumer goods growing rapidly by 40% due to the pandemic. Malaysian consumer behavior has changed due to the COVID-19 pandemic and making the new normal for good, now Malaysian are more comfortable buying online and contact less payment transactions. Courier services are recognized as one of the sectors less affected by the COVID-19 pandemic. Budget 2021 theme this year is “Stand United, We Shall Prevail”, with the allocation of MYR322.5 billion expenditure to revive the economy more. The 2021 Budget has three key areas of focus: ensuring the well being of the people, business continuity, and resilience of the economy. 73.30% of the total budget is allocated for Operating Expenditure, 21.40% for Development Expenditure, and a special allocation of 5.30% for the COVID-19 fund. Budget 2021 extends the support provided in the earlier announced economic stimulus packages. Key highlights of Budget 2021:
The Malaysian government plans to revive the economic activities by medium, and Long-term Economic Recovery plans, which will introduce economic stimulus packages. On 5th June 2020, the Malaysian Prime Minister announced the Short-term National Economic Recovery Plan – PENJANA. Malaysia is currently in the 4th Phase: Recovery, under the 6-Phase Plan (6Rs): Resolve, Resilience, Restart, Recovery, Revitalise, and Reform. PENJANA has 40 initiatives worth MYR35 billion, focusing on 3 key thrusts - Empower People, Propel Businesses, and Stimulate the Economy. PENJANA has stimulated Malaysia’s economy through the Wage Subsidy Program 1.0, benefitting over 322,177 employers and 2.64 million employees. Malaysia has the 2nd highest E-Commerce penetration rate in the ASEAN region. During the COVID-19 pandemic, Malaysia’s E-Commerce Industry has expanded at a fast pace. The accelerated E-Commerce industry’s growth is mainly due to the increase in the number of online shoppers. 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 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 below 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 (whatsap & viber) Call: +601121189303 Call: +603-84081680 (office landline) Email: advisory@mbbusinessjoint.com www.mbbusinessjoint.com 
In this covid-19 economy catering business is a very good option to invest. Businessmen who want to open a company in Malaysia in the food-service sector as a catering business should also know that the highest development is going on the catering and food business industry. There was observed a high demand for catering businesses that had as a primary business activity home deliveries, specially with the development of online food apps like Food-panda. Grab-food, etc.
The catering sector is expected to boom more in the following years because the Malaysian citizens have limited access to the restaurants as before, also have less free time to dine out. You should know that profitable business prospects are available for both chained food-service, but also for independent companies; our specialist advisors in Malaysia can provide fruitful information on how to start a business in this sector and can also help to manage the food regulations and licenses that must be maintained by all food businesses in Malaysia. "The Food Processing sector accounted for about 10% of Malaysia’s manufacturing output, growing at a rate of 3% annually. The food & beverages segment is projected to reach US$103m in 2021. An industry, with unlimited opportunity!" To open a catering business in Malaysia you should know & follow the regulations concerning food safety. All food business operator is required to respect the applicable legislation; the most important regulations are presented below:
To start a catering business in Malaysia, the company has to make sure that the premises in which the food products are stored, handled, processed, and sold should respect the applicable legislation. The definition of a food premise is defined under the (Food Hygiene Regulations 2009). The company will have to make sure that the food premises respects a set of criteria. As stated by the applicable legislation, the important requirements are:
If the catering business registered in Malaysia wants to import food products in this country, it is necessary to know that imports have to be approved by the country’s Health Ministry, the Veterinary Department, and the Fishery Department, which are in charge of providing the necessary certificates on the matter. You are invited to contact us for company registration in Malaysia for further information on the business licenses that are necessary for any food business, we are offering a perfect investment and business package for a better future & family. 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 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 below 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 (whatsap & viber) Call: +601121189303 Call: +603-84081680 (office landline) Email: advisory@mbbusinessjoint.com www.mbbusinessjoint.com Start export import business in Malaysia 2020 - Export import company registration in Malaysia7/18/2020 
Start an export-import business in Malaysia this 2020, to import or export goods in Malaysia all traders first need to do export-import company registration in Malaysia (as per company act 2016) with a legal company secretary service provider, we Lim & Ani Associates, providing company setup advisory, accounting services consultancy, taxation planning advisory, business advisory service, export-import licenses process consultancy, warehouse & office rental, supplier contact, shipping support, banking & LC support, etc. a one-stop business solution in Malaysia.
Once registered, a business bank account is done with formal office setup, the company should apply for an import license from the Ministry of International Trade and Industry (MITI).
Permits required for certain exported goods Certain goods require additional approvals from affected ministries under the Customs (Prohibition of Export Order, 1998) :
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 the Malaysian trade system. This zone includes 1000 acres 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:
Conditions & procedures of applying the licenses Companies need to be registered in Malaysia under SSM. Companies need to submit the Application Form together with:
PROHIBITION/RESTRICTION OF EXPORTS - The following goods are absolutely prohibited from exportation:
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 giving a boost to investor's business & profit, land & sea communication also a blessing in Malaysia, with a vast source of educated manpower & defined taxation policy. 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 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 
In a statement 1st July 2020, immigration director-general Khairul Dzaimee Daud said all parties with MM2H matters to attend to would need to go to the immigration department headquarters in Putrajaya.
From July 6, the immigration department will handle all matters related to the Malaysia My Second Home (MM2H) program which allows foreigners to stay in the country for a period of 10 years as a retirement program. But, applications (for visa holders) to return to Malaysia will still go through the tourism, arts and culture ministry. This follows a report that the MM2H center in the tourism ministry had been closed “until further notice”, amid talk that 90% of applications for the program had been rejected. Newsource: freemalaysiatoday
OUR LEGAL ADVISORY ON MM2H (Malaysia My Second Home) PROGRAM
Who & why should apply for mm2h in Malaysia
Let's see how to save your self
According the new rule Above 50 years old applicants liquid bank deposit need to show RM 350,000.
Keep in mind
We ensure INVESTMENT process legally in MM2H for our clients, with our legal nominee board services, investment & business management services, business lawyer, chartered accounting, taxation & banking support. Don't get fraud, know the truth to plan & process for better future, before you apply for second home. 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. 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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