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Profitable business in Malaysia 2022
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.
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.
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.
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.
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.
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!
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.
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LIM & ANI ASSOCIATES SDN BHD
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MD.Abu Bakar Siddik
12/25/2021 11:35:27 pm
3/19/2022 09:30:48 pm
Dear MD.Abu Bakar Siddik,
8/22/2022 12:31:51 am
How can start car rental business and how to purchase many cars. I can get only one car. Because my bank statement can loan amount RM 70k
11/3/2022 03:39:54 pm
I want to garments item bzs in here but imports from Bangladesh. What is the procedure in here.
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