MALAYSIA BIZBLOG
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Office: +60358856648 | Advisory: +601126664168
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The construction and real estate development sector in Malaysia plays a crucial role in driving economic growth by generating significant revenue. With numerous mega infrastructure projects and ongoing development, the construction industry is becoming increasingly profitable. This sector includes residential construction, non-residential construction, civil engineering, and large-scale government-approved projects. Malaysia’s government actively encourages legal investments through favorable Foreign Direct Investment (FDI) policies, as well as business-friendly tax policies.
To start a construction business in Malaysia, you must establish a construction company. The process involves several important steps, including company registration, opening a business bank account, and obtaining specific construction licenses. Key Steps to Start a Construction Business in Malaysia:
The Construction Industry Development Board (CIDB) is a mandatory requirement for all companies operating in Malaysia's construction sector. Since 20 July 1995, all local and foreign contractors must register with CIDB under Section 25 of Act 520 (Amendment 2011) before beginning any construction work in the country. Contractors who fail to comply may face fines and other legal consequences unless they are granted an exemption under Section 40(1) of the Construction Industry Development Board of Malaysia Act 1994 (Act 520). The CIDB license is renewable, with options ranging from one to three years. The application process includes paying a fee based on the CIDB grade, which defines the scale of construction work a company can undertake—whether full project management, development, or subcontracting work. Types of Construction Services Permitted with a CIDB License:
CIDB GradesThere are seven CIDB grades (G1 to G7), with G5 and G7 being the most commonly used. Contractors must report any project exceeding RM 500,000 to CIDB and pay levies accordingly. Failure to report can lead to fines and legal action. CIDB License Application RequirementsTo obtain a CIDB license, companies need to meet the following requirements:
Our CIDB Application Services: We assist clients with the CIDB application process by preparing necessary documents, including CTC and paid-up capital documentation. We also help recruit local engineers and provide legal business advisory based on the latest regulatory requirements. Additional Licenses and Compliance In addition to the CIDB license, companies may require additional licenses like the Bumiputera Status Certificate to bid on government projects. As the construction industry is labor-intensive, we also guide investors on compliance with the Malaysian Employment Act 1955, ensuring smooth operations in hiring and managing workers. 
We are providing full company setup, business license process, business setup, business bank account opening, accounting, audit, taxation, ESD (expatriate service division) license process, and business visa application advisory. Our company registration consultancy package includes:
Contact & Email us for services price quotation at [email protected] WHY MALAYSIA IS SECURE BUSINESS HEAVEN NOW Malaysia has emerged as a secure business haven for numerous reasons. Firstly, its robust and resilient economy has withstood the test of time, even during the global recession of 2009. This economic stability provides a solid foundation for businesses to thrive. Another advantage of Malaysia is its multicultural and multinational population, which creates a diverse market with constant demand. Moreover, Malaysia boasts a thriving online market with an active customer base, making it an ideal environment for businesses operating in the digital realm. Additionally, the Malaysian government's unwavering support and assistance contribute to the security of investing in the country. The government offers incentives and aid to businesses, while the banking sector provides reliable financial support for investment endeavors, ensuring a secure environment for investors. Malaysia is also renowned for its emphasis on security, respect, and the warm nature evident in daily life. This welcoming and safe atmosphere attracts investors and their families, making Malaysia an appealing location for both business and personal reasons. Furthermore, Malaysia offers a wide range of business opportunities across various investment budgets, ensuring that foreign investors can find genuine and profitable investments that align with their financial capabilities. The goal is to foster mutual growth and success between investors and Malaysia as a nation. In conclusion, Malaysia's strong economy, government support, cultural diversity, secure environment, and inclusive investment opportunities make it an attractive destination for foreign investors seeking profitable business ventures and a brighter future for themselves and their families. Call, Email or text us & take an appointment from the website to visit our office in Malaysia. LIM & ANI ASSOCIATES SDN BHD Call: +601126664168 Call: +60108242527 Call: +603-58856648 (office landline) Email: [email protected] www.mbbusinessjoint.com
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