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COMPANY REGISTRATION IN MALAYSIA •CONTACT CONSULTANT •FOLLOW GUIDE LINE OF COMPANY FORMATION •SUBMIT 3 PROPOSED NAMES •FILL UP REGISTRATION APPLICATION FORMS •PAY GOVERNMENT + PROFESSIONAL FEES •RECEIVE CERTIFIED COPIES


Company Registration Fees Malaysia • PROFESSIONAL FEE= RINGGIT 2000-2500 • GOVERNMENT FEE=RINGGIT 1200 • OTHERS FEE=RINGGIT 400 • SECRETARY FEE=RINGGIT 100/ MONTH TOTAL EXPECTED COST=RM 4500-5000


Company Registration Time Malaysia

• NAME APPROVAL=SAME DAY / 1 DAY • COMPANY REGISTRATION/ INCORPORATION=2/3 DAYS


Company Registration Documents Malaysia • PASSPORT COPY OF THE SHARE HOLDERS • SIGNING COPY ON SOME PRESCRIBE FORMS • LOCAL BUSINESS ADDRESS, REGISTERED ADDRESS, RESIDENCE ADDRESS • CONTACT NUMBER


Nominee Director • AS COMPANY ACT 1965, MALAYSIA, EVERY COMPANY WILL APPOINT LOCAL RESIDING NOMINEE DIRECTOR, WHO WILL ACT TO PERFORM DUTIES. • NOMINEE DIRECTOR SHALL NOT ENTER FARE INTO BUSINESS ACTIVITIES. • NORMAL FEE OF NOMINEE DIRECTOR=RM 2000/ YEAR


Address, Local Phone, Office • AS REGISTER A NEW COMPANY, SDN BHD (PRIVATE LIMITED) LOCAL ADDRESS, PHONE, OFFICE IS REQUIRED. • YOU MAY SEARCH “VIRTUAL OFFICE” TO USE AS YOUR BUSINESS PURPOSE. • ITS READY OFFICE, FULL FURNISHED, MEETING TABLE, RECEPTION, WIFI ETC FACILITIES.


Office Desk/ Work Station • PHYSICAL OFFICE IS AVAILABLE TOO. • YOU MAY CONTACT “VIRTUAL OFFICE” SERVICE PROVIDER IF DESK/ WORK STATION IS AVAILABLE FOR YOUR STAFFS. • READY DESK, WORK STATION, FULLY FURNISHED, READY MEETING TABLE, WIFI ETC.


Virtual Office & Desk Rent Price • VIRTUAL OFFICE RENT PRICE (RINGGIT)

Silver

Gold

Platinum

100

120

130


Virtual Office & Desk Rent Price Physical Space

Standard Deluxe Executive VIP

Capacity 1 person 2 person 3 person 4 person

Price 800 1600 1800 2000


Bank Account • AS NATURAL, FOREIGN INVESTORS UNABLE TO OPEN BANK ACCOUNT AFTER COMPANY REGISTRATION IN MALAYSIA; • IS IT A LAW, NO, BUT INTERNAL BANKING POLICY THAT HOLDING TOURIST VISA WILL NOT BE ALLOWED TO OPEN BANK ACCOUNT; • UNLESS HOLD TOURIST VISA, HOW TO VISIT IN MALAYSIA AT BEGINNING !!


Bank Account • AS WE RECOMMEND TWO BANKS WHO MIGHT ALLOW TO OPEN BANK ACCOUNT; • ANOTHER ALTERNATE WAY : CONTACT US BEFORE REGISTER YOUR COMPANY IN MALAYSIA TO HELP YOU OPEN BANK ACCOUNT; • OUR SUGGESTION WILL BE BENEFICIAL MANY WAYS;


Export/ Import License • IT’S A COMPLICATED PROCESS AS BEING SO, ADVISORS/ CONSULTANTS OF MALAYSIA UNLIKE TO GUIDE FOREIGN INVESTORS TO MANAGE SAME LICENSE; • IT’S NEED PRODUCT CODE APPROVAL ALONG WITH SUPPORTING PAPERS, AFTER THEN CONCERN MINISTRY APPROVAL, AFTER THEN MIGHT BE ANOTHER MINISTRY AND PORT CHOICE BY THE APPLICANT;


Export/ Import License Supporting papers • SSM CERTIFIED COPIES, PASSPORT OF SHARE HOLDERS, PRODUCT SAMPLE COPIES AND SIGNING PRESCRIBE FORMS; • ADDITIONAL PAPERS: SIGN BOARD BUSINESS LICENSE (OPTIONAL);

AND


Export/ Import License Time Line • AS PROCESS IS COMPLICATED AND NEED MINISTRY AND PORT APPROVAL SO EXPECTED TIME TO COMPLETE WHOLE PROCESS UNTIL RECEIVE EXPORT/ IMPORT LICENSE IS REQUIRED 30 TO 60 DAYS;


Required capital to register SDN BHD company • TO REGISTER SDN BHD, PRIVATE LIMITED COMPANY MINIMUM CAPITAL IS REQUITED RINGGIT 1 THAT MEAN BY ANY AMOUNT COMPANY CAN BE REGISTERED IF SHARE OF THE COMPANY IS OWNED 100% BY FOREIGNERS OR JOINT VENTURE; • AS OUR RECOMMENDATION, MINIMUM SHARE CAPITAL IS RINGGIT 2000 TO 3000


Required capital to register SDN BHD company • IF YOU AS FOREIGN SHARE HOLDERS LIKE TO APPLY FOR PROFESSIONAL VISA/ WORK PERMIT IN MALAYSIA WILL FOLLOW INVESTMENT CAPITAL:

Ownership 100% foreign Joint Venture

Capital (Ringgit) 500,000-1000000 350,000


WRT License • WHY WRT LICENSE IS REQUIRED FOR THE FOREIGN OWNERSHIP COMPANY? • WRT MEAN “WHOLESALE AND RETAIL TRADE LICENSE” IS REQUIRED IF THE SHARE HOLDERS ARE FOREIGNERS; • WRT LICENSE IS APPLICABLE ON RESTAURANT, CONSULTANCY, FRANCHISE, GENERAL TRADING, EXPORT/ IMPORT BUSINESS;


WRT License Capital • TO OBTAIN WRT LICENSE RINGGIT 1000000 (ONE MILLION) IS REQUIRED TO SHOW INVESTMENT CAPITAL IN MALAYSIA; • IF THE SHARE HOLDER (S) OF COMPANY IS LOCAL RESIDING OF MALAYSIA WRT LICENSE ISSUE WILL NOT COME IN PICTURE;


Sign Board & Business License • DID YOU KNOW THAT SIGN BOARD AND BUSINESS LICENSE ARE REQUIRED TOO STARTING A BUSINESS IN MALAYSIA? • WHY TO GET THEM? SIGN ON PRESCRIBE FORMS ALONG WITH SUPPORTING PAPERS (OFFICE RENT AGREEMENT, PICTURE OF OFFICE FURNITURE AND OFFICE DECORATION PLAN);


Sign Board & Business License • HOW LONG TAKES TIME TO GET CERTIFIED COPIES? IT’S 1-2 DAYS MIGHT REQUIRE; • WHO IS THE AUTHORITY OF CERTIFIED? LOCAL COUNSELOR OFFICE ISSUE SIGN BOARD AND BUSINESS LICENSE UPON VERIFICATION OF PAPERS; • EXPECTED FEES: RINGGIT 1000 (INC. GOV. FEES)


Expat/ professional visa/ work permit in Malaysia REQUIRED PAPERS ARE: 1.COMPANY CERTIFIED COPIES 2.PASSPORT OF APPLICANT 3.BANK STATEMENT OF 3 MONTHS 4.EMPLOYEES LIST 5.BILL COPY 6.SIGN BOARD AND BUSINESS LICENSE COPY


Expat/ professional visa/ work permit in Malaysia • TOTAL TIME TO GET REPLY FROM IMMIGRATION DEPARTMENT IS 6 TO 7 WEEKS; • TOTAL COST FOR EACH APPLICANT IS NOT LESS THAN RINGGIT 10,000; • EACH DEPENDANT APPLICATION FEES RINGGIT 2000.


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MALAYSIA

Company registration malaysia  

Company registration Malaysia Foreign entrepreneurs like to start business in Malaysia being attractive country and business friendly enviro...

Company registration malaysia  

Company registration Malaysia Foreign entrepreneurs like to start business in Malaysia being attractive country and business friendly enviro...

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