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First lets know what is Joint Venture, a commercial enterprise undertaken jointly by two or more parties which otherwise retain their distinct identities. In Malaysia the company should be SDN. BHD. (Pvt. Ltd) & should have a paid up capital of at least RM 350,000 to RM 500,000 while the minimum authorized capital should be RM 1 million. Joint ventures in Malaysia can also be set up as partnerships, 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 midium or big scale business, can join with other businessmen or investor to gather enough money or capital to start the business. Famous electric device brand SONY ERICSSON is a best example for Joint Venture business.
Joint Venture in Foreign 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 business in new countries can usefully enter into a JV agreement to make secure, stable investment & get local management facility, business security with local businessmen or companies. If you don't have enough experience in business, then having experience partner 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, as we, Lim & Ani Associates Sdn Bhd are giving Joint Venture company setup facilities & service in Malaysia.
In last few years we have successfully launched, consulted & did setup for many Joint Venture business for our clients, which are very profitable such as; stores, automobile (car wash/car rental), beauty parlors & saloons, factories, agro firming, restaurants & export import trading. We are experienced enough practically to register & setup 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 trust worthy partners, incorporate companies to make JV, finding suitable business, legal JV agreement, fund management, banking, audit & taxation, etc. We providing premium services my implementing FDI ( Foreign Direct Investment ) process & facilities in Joint Venture to make business & investment in Malaysia more easy & profitable.
Usually its 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.
But to do Joint Venture have to be cautious about partner attachment, agreements & business choices. Where legal lawyer support, professional business advisory & process is a must. We are always here to help here as a legal corporate business firm as per Malaysian business law & policies. 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 & setup for you. Always can contact us to discuss & plan
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