Malaysia

Entrust company incorporation to our specialists .

Malaysia has one of the highest standards of living in the region and is strategically located in the center of ASEAN. The nation is an ideal regional and global base for businesses when you consider the already excellent transport links and the plans for significant investment over the coming years.

Businesses with a base in Malaysia have access to the region's 680 million people. With 33 million people, the domestic market is also sizable. It has robust consumer markets and is diverse.

Select the right company

structure for your business .

Foreign branch

office

Suitable for foreign companies that wish to expand their operations in Malaysia for short term basis.

Trading entity
It is an extension of its parent company
Must have ‘Resident Agent
Non-resident tax status
Unlimited duration

Private limited company

Ideal for most local and foreign entities as it offers limited liability, it is fast to set up and supports a work visa.

Can be 100% owned by foreign citizen
Can hire local & foreign staff directly
Allowed to import/export
Unrestricted in activities
Subject to local compliance
Reputable structure

Representative office

Suitable for foreign companies that plan to conduct initial market research and/or work with local customers.

Non-trading entity
Supports foreign employees
Limited business activities
Limited time-frame registration

Features of opening
company in Malaysia :

Malaysia strategically located Southeast Asia.
Very affordable start-up costs in comparison to places like Singapore
Corporate income tax rate 24%
Low rent compared to Singapore and other countries
No double taxation – Malaysia has more than 60 double taxation treaties with other countries.
Dividends paid outside the country are not taxed.
There are no limitations on the repatriation of profits, capital, royalties, or dividends.
Malaysia provides numerous incentives for start-up businesses and financial investments.

Stages of company opening in Malaysia :

It takes roughly 5 to 10 business days to incorporate a Malaysian company from start to finish. Please be aware that a number of variables, such as the timeliness and accuracy of the information provided, can affect the entire registration process.

1

Choose your ideal business structure
Before you can register your company, you should familiarize yourself with the types of legal entities that you can create in Malaysia.
Each of the business structures has its pros and cons. Based on our experience, the most common business structures are individual entrepreneurship and a private limited liability company.
2

Choosing a company Name
There are specific recommendations and requirements when you choose the name for your company. Once you determine the name of your company, we will help you to check its availability.
3

Register with SSM
The company name you have approved will be reserved within 30 days from the date of confirmation. After receiving the confirmation, we can start the registration process and prepare all the necessary documents.
4

Opening a corporate bank account
Open bank accounts in foreign currency.
5
- Applying for business licenses (if need)
In Malaysia, business licenses fall into 3 categories:
- General permits issued by regional town councils
- Licenses issued by government agencies for a particular industry or sector
- Licenses for specific activities

Not sure which structure is right for you?

Schedule a free call with our specialist and we can advise you on optimal way to start new business

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Ways we can help :

Incorporation & Management

We provide services with a comprehensive and detailed approach combining business knowledge with local regulations, so that you can focus on building operations and sales.

Accounting & Tax

In its work, Shile Consulting focuses on the specifics of accounting and tax accounting in Greater China, Hong Kong, Singapore and other offshore jurisdictions.

Market entry

We are able to provide full support to your company at the initial stage of expansion to Greater China, Hong Kong or Singapore as well as at the post entry stage.

Global HR

Regardless of whether you are starting a business in another country, want to transform the work of your HR department or get support about local legislation.

IT Solutions

Digital assets are a strategic advantage of the company in the competitive struggle, reducing the time spent when making decisions in production and management activities.

Tailored & flexible solutions

We can estimate your company's opportunities, explore your economic status, and provide you with services that are fully flexible and custom-made for your business. Tailored solutions that will meet your specific case and won’t include anything you don’t need.

Full professional support

You are never left behind with support of our team. If you have any question or problem, ask us anytime. Our managers will make sure you are always up to date with the process and get all the answers you need for running your business.

Worry-free service

Operating a company abroad can be not easy and comes with a host of non-productive tasks. Our solutions and professional team support will take care of all worries that you can focus on overall development of business strategy.

Make an enquiry to know more about how Shile Consulting can assist you on Company Incorporation & Management and strengthen your international business.

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