There are three main ways to set up a company in Malaysia:
Establish as a Branch of a Foreign Company
This option allows your company to operate as a branch of a foreign company. It offers low management and maintenance costs, and business activities are permitted. However, it is not eligible for tax incentives, and there are restrictions on obtaining licenses in many industries.
Representative Office
A representative office is limited to non-profit activities, and business activities such as commercial transactions are prohibited. The office is typically valid for 2 years, after which renewal procedures are required.
Establish a Malaysian Company
If you're planning to expand your business into Malaysia, establishing a local Malaysian company is highly recommended. This company will operate independently of any overseas parent company and will have no legal liability connected to it. Our company offers comprehensive support for establishing a Malaysian company.
You can acquire up to 2 employment passes with a capital investment of RM500,000.
An employment pass allows you to reside and earn income in Malaysia.
Foreigners are allowed to fully own their company in Malaysia.
| Corporate Tax Rate | 24% |
|---|---|
| Capital | RM500,000～ RM1,000,000～ (Trading, retail, restaurants, etc.) *For acquiring employment pass *The director must be a long-term resident of Malaysia. |
| Employment Pass | Yes, it can be renewed. In recent years, many first renewals have been granted for one year. Dependants are also eligible to obtain a dependent pass. *Minimum monthly salary: RM5,000 or more. However, in practice, it is challenging to obtain a visa unless the salary is RM10,000 or higher. |
| Employment | Required (Malaysian recruitment is not mandatory.) |
| Company Secretary | Required (A qualified company secretary is required.) |
| Accounting Auditor | Required |
| Dividends | Yes |
| Corporate Bank Account | Yes |
| Internet Banking | Yes |
| ATM Cards | No |
| Office | Not required |
| Residency in Malaysia | Not required |
Please contact us through our website.
Once you have formally applied for our service, please proceed with the payment of the support fee.
Please prepare the necessary documents, including the application forms.
We will begin the company setup process, which typically takes 1-2 months.
We will assist with the application and approval process for your business license and employment pass.
| Support Contents | ★Government related procedures for company registration |
|---|---|
| ★Opening a corporate bank account (you must present yourself at the bank) | |
| Fee | RM10,000 (inclusive of above services) |
| Additional Support | ★Work permit application support (RM13,000/Individual, RM15,000/Couple, Additional RM1,000/Child) ★Business license application support (RM10,000～) * *The exact fee for business license support may vary depending on the nature of the business. |
Opening a bank account for a Malaysian company requires having a resident director in Malaysia. This individual can either be a Malaysian citizen or a foreigner living in Malaysia on a long-term basis.
Therefore, when registering your company, it is essential to designate a local director.
In some cases, we can serve as your local director and assist with opening a bank account (additional charges apply).
Company registration also requires a business address. If needed, you can use our address for your business registration.
Depending on the type of business, obtaining a business license can be challenging.
Registering your company in the Iskandar region of Johor may simplify the process of obtaining a work visa. It is advisable to work with a local company that can assist in determining the business type, registration area, and business license needed to acquire a work visa.
With our extensive expertise and deep understanding of the legal requirements for establishing a company in Malaysia, we can provide comprehensive support.
We also offer access to our well-established local network. Based on our years of experience in local business activities, we can provide valuable support and information on the business market in Johor Bahru, helping you successfully start your business in Malaysia.
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