3 ways to set up a company in Malaysia
Establish as a branch of foreign company
Become a branch of foreign company. Low management and maintenance cost and business activities are allowed. But, will not eligible for tax incentives. Also, there are restrictions on license acquisition in many kind industries.
Representative Office
Business activities such as commercial transactions are prohibited and only non-profit activities are permitted. The office is usually valid for 2 years and renewal procedures are required.
Establish a Malaysia Company
If you are thinking of expanding your business from overseas to Malaysia, establishing a local Malaysian company is recommended. This company will not have any relationship with overseas company and no legal liability. Our company is supporting Malaysia company establishment.
Up to 2 employment passes can be acquired (for capital of RM500,000).
Employment pass allows you to live and earn income in Malaysia.
Foreigners are allowed 100% ownership of their company.
Corporate Tax Rate | 24% |
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Capital | RM500,000~ RM1,000,000~ (Trading, retail, restaurants, etc.) *For aquiring employement pass *The director must be a long-term resident of Malaysia. |
Employment Pass | Yes, it can be renewed. In recent years, there have been many cases where the first renewal was for one year. It is possible to obtain a dependent pass for dependents. *Minimum monthly salary: RM5,000 or more. However, in reality, it is difficult to obtain a visa unless it is RM10,000 or higher. |
Employment | Required (Malaysian recruitment is not mandatory.) |
Company Secretary | Required (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. We welcome your questions.
Start application procedure. It normally takes 2-3 weeks.
Business license and employment pass application and get approval.
Support contents | ★Government related procedures for company registration |
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★Opening 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~) * *Business license support depends on nature of business. |
A bank account for a Malaysian company can only be opened if a resident in Malaysia (either a Malaysian or a foreigner living in Malaysia for a long term) is designated as a director of the company.
Therefore, it is necessary to decide who will be the local director when the company is registered.
In some cases, we can act as the local director and assist you in opening a bank account (additional charges will be incurred).
The company registration also requires a business address. In this case, you can use our address to register your business.
In some cases, it is difficult to obtain a business license depending on the type of business.
It might be easier to obtain a work visa if the company is registered in the Iskandar area of Johor. It is a good idea to ask a local company to set up your company that can discuss together with you 'type of business', 'area of registration' and 'type of business license to obtain a work visa'.
We have various know-how and we are well aware of the legal arrangements related to the establishment of a company in Malaysia.
We will introduce our local network that we have built up to now. Based on our experience of local business activities, we can provide various types of support and information on the business market in Johor Bahru, Malaysia to help you to start your business here.