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Company registration Malaysia

posted by sfconsultant 4 months ago
tags: Company registration Malaysia Business

Company registration Malaysia: Foreign entrepreneurs like to start business in Malaysia being attractive country and business friendly environment. Foreigners are allowed to register SDN BHD (Private limited) company where minimum 1 share holders and 100 percent foreign ownership is allowed also. Minimum require capital is Ringgit 4000 to register any company in case of foreign shareholding entity. Later on, share capital can be increased as your desired volume upon need. Foreign investors can start export, import, general grading, restaurant, manufacture and service business holding full ownership and no local (Malaysian) partner is required. For visa issue: In case of visa (employment) application government recommended require capital is Ringgit 500,000 (1 million is under WRT) and in case of joint venture with local Malaysia required capital if Ringgit 350,000. If you have no intention to apply for visa later on, is recommended to show your capital Ringgit 4000 to 5000, enough. Our fees to assist company registration Malaysia for foreigners is Ringgit 5000 (Company registration service, secretary service 6 months, seal, board meeting minutes and virtual office address for 3 months in our package). Company can be registered by 3-5 days unless any complexity arises. You need following permission to start business fully: Company incorporation, signboard, premise, bank account, import, export, port authority, halal, WRT , GST, Ministry, SOCSO and EFP.

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