Saturday, May 21, 2016

How to incorporate/ register company in Malaysia

How to incorporate/ register a company in Malaysia

<img src="Image/Howto_register.png" alt=" How to incorporate/ register company in Malaysia"/>
How to incorporate/ register a company in Malaysia
How to incorporate/ register a company in Malaysia as foreigner? How to setup a company in Malaysia? How to form a company in Malaysia? What ways you search to find answer what is the process of registering a company in Malaysia are discussed step by step:

Contact the right person: Whether investors himself or senior staff contact the expert person/ firm who knows law and process of company setup in Malaysia. Most of the foreign investors search online to find the right person and do not search expert visiting physically in Malaysia. Investors visit once all formalities are done to incorporate a new company.

Name clearance: First of all procedure of company licensing name clearance comes at first. Many companies being registering every months proposed name approval some difficult there. As such most of the proposed name is rejected. So, at least three names selection is wiser to find availability. Know more as foreign company registration in Malaysia .

Directors: How many directors are obligatory to form a new company? It is minimum two who can be foreigners or local and foreigners. There is a proverb that two local residing directors are needed to register a foreign ownership company. But that is not mandatory rules at all. Without local directors foreign ownership 100 percent is allowed by law. By the way, all companies are incorporated as Company Act 1965 of Malaysia.

Fill up prescribe form 24, 44, 48, 49: As section 54 (1) of Company Act 1965 form 24 is return of allotment where each share value and number of shares are stated. As section 120, 333 and 335 (1 d) of Company Act 1965 form 44 is notice of situation of office and office days and hours is stated. Weekly 5 working days that is from Monday to Friday and every day office hour are from 8.30 am to 4. 30 p.m. As section 141 (6) of form 48 is particular of directors where directors position with passport information will be stated. Moreover, memorandum and article of association of the company shall be drafted by the company secretary and directors shall put signature on it.

Company Secretary: Every company shall assign company secretary who will serve secretarial services including annual return submission, share holding position change, attend Annual general Meeting etc.

Pay government and professional fees: Professional fees are not same or average to all experts but different from each other. There is a word more fees better service.

Registered address/ business address: Registered address and business address are not same word. Registered address that is used when company is incorporated in particular forms. Business address is separate one that can be in different place office is rented by agreement.

Open bank account: Investors are requested to contact the bank before incorporate a new company in Malaysia to know opening corporate/ business account. Because opening bank account is a major issue for the nonresident. Neither personal nor corporate account is allowed to open by the bank of Malaysian. Only different pictures are noticeable in foreign banks.

Apply for import/ export license: Export in Malaysia is not allowed of all goods. Some goods are restricted to be exported and imported. Detail is here can look

Apply for manufacturing license: Manufacturing license is needed apart from company incorporation to start manufacturing business in Malaysia.

Apply for Halal License: Preservation of Halal foods/ goods and sells them from shop Halal license is needed to be obtained.

Apply for income tax certificate: Each company shall have income tax certificate. Within three months of first selling income tax shall be applied for and all companies shall be tax certificate within seven months of company incorporation.

Plan for start a restaurant business: Most of the foreign investors have first plan to start a restaurant business in Malaysia because of customer availability and instant credit business. Approximately RM twenty thousand to RM forty thousand may need initially to start a medium type restaurant business. Staff, foods, furniture, location, cleanliness is important to start restaurant business.

Visa: Professional visa and/ or work permit is needed to business in Malaysia and open business account. Those are holding social pass shall fall in trouble some to open company account.

MM2H: Malaysia my second home program that is open for all citizens of the world except two country’s citizens. A long time visa and multiple entry to Malaysia and many other facilities like purchasing property, owning car, import family members, children education facilities etc. Have look once the conditions to apply for MM2H.

All investors of small, medium and big industries need proper guide line as how to incorporate/ register a company in Malaysia? Right guideline can save time and money that is most important for the foreign investors. Have look once whether your goods are restricted or no before register/ incorporate your business in Malaysia. Talk to the bankers to know how to open corporate account before setup a company in Malaysia?

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Sunday, February 21, 2016

Foreign Direct Investment in Sri Lanka (FDI)

Foreign Direct Investment in Sri Lanka (FDI)

Foreign direct investment in Sri Lanka (FDI): Sri Lanka a country of beauty where sea, hill, level land is combined. Some historical places are situated in Sri Lanka. 

<img src="Image/SriLanka_fdiii.png" alt="Foreign direct investment in Sri Lanka (FDI)"/>
Foreign direct investment in Sri Lanka (FDI)

Current fdi inflow is around US$ 845,345,486 plus in Sri Lanka that can be higher than many countries.
<img src="Image/Srilanka_f.png" alt="Foreign direct investment in Sri Lanka"/>
Foreign direct investment in Sri Lanka

Foreign direct investment opportunity in Sri Lanka

<img src="Image/Srilanka_fd.png" alt="Foreign direct investment opportunity in Sri Lanka"/>
Foreign direct investment opportunity in Sri Lanka

Foreign direct investment (FDI) in Sri Lanka

<img src="Image/Srilanka_fdi.png" alt="Foreign direct investment (FDI) in Sri Lanka"/>
Foreign direct investment (FDI) in Sri Lanka

FDI inflow in Sri Lanka

<img src="Image/srilanka_fdi2.png" alt="FDI inflow , foreign direct investment in Sri Lanka"/>
FDI inflow , foreign direct investment in Sri Lanka

Foreign Trade Law in Sri Lanka

<img src="Image/srilanka_fdii.png" alt="Foreign trade law in Sri Lanka, foreign direct investment in Sri Lanka"/>
Foreign trade law in Sri Lanka, foreign direct investment in Sri Lanka

<img src="Image/srilanka_fdi_trade.png" alt="Foreign direct investment in Sri Lanka-fdi"/>
Foreign direct investment in Sri Lanka-fdi

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Monday, November 09, 2015

Business ideas in Sri Lanka and business plan in Sri Lanka

Business ideas in Sri Lanka and business plan in Sri Lanka | S & F CONSULTING FIRM LIMITED

Business ideas and business plan in Sri Lanka as foreign investors. Private limited company or project setup in Sri Lanka.

Business ideas and business plan in Sri Lanka

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Business ideas and business plan in Pakistan

Business ideas and business plan in Pakistan | S & F CONSULTING FIRM LIMITED

How to start a business in Pakistan
Start new business in Pakistan in any province.

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Sunday, November 08, 2015

How to start a new business I Business Ideas and business plan

How to start a new business I Business Ideas and business plan

Read to know how to start a business as investors or entrepreneurs.
  • Capital
  • Knowledge
  • Competitors
  • Market analysis
  • Materials availability
  • Buyer and seller
  • Legal matter

How to start a new business I Business Ideas and business plan

Business ideas-Capital

Without capital, any amount, to start a new business is not possible. Figure of capital depend on type of business. As real view, we find small investment and good returns and big investment but loss as return. Why it happens indeed?

Business Plan-Knowledge

Do you have ideas of business what are you going to startup? If no, you are suggested to gather knowledge as maximum as possible from different corners. Maximum knowledge make the business runs easier.

Business Ideas-Competitors

Know your competitors as market segment and forecast for the next future of business goal.

Business plan-Market analysis

Know your market before start a business. Knowing which market suitable for you is better. SWOT analysis can help you. Strength, Weakness, Opportunity and Thread of the business to aware yourself.

Business ideas-Materials availability

Start business in such areas where raw materials and other substances are available for business.

Business plan-Know customers

Finding the needs of customers and meet up them is the most important for successful the business.

Business Ideas and plan-Legal matter

How to start a business? Is it private limited company, Joint venture, branch office of parent company or project base? Know the legal form as state policy of the respective countries.

Legal matters are discussed, visit: S & F CONSULTING FIRM LIMITED

Pakistan, Malaysia, India, Maldives, Sri Lanka, Thailand, Indonesia, Japan, China, Hong Kong, Dubai, Saudi Arabia, Qatar, Oman, Bahrain, Denmark, France, Germany, U.K., U.S.A., Canada, Australia, Argentina, Brazil, South Africa, Morocco, Kenya, Ghana and more…

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Friday, October 30, 2015

How to start a business in Malaysia

How to start a business in Malaysia

To start business in Malaysia  it's need to decide which business is it to be registered ? There are some key notes should keep in mind as legal process, market area, competition, expected return time etc. Legal process includes business registration such as obtaining incorporation, trade permission, income tax verification, office agreement copy (virtual office some time), industry area, lease of lands or spaces etc.
<img src="Image/Malaysia blogspot.jpg" alt="How to start a business in Malaysia, S & F Consulting Firm Limited"/>

Market analysis can be dome through online and physical contact with market analytical company in Malaysia. Product competition is part of market analysis. Area of market can be select as assumption on business ideas.

How much initial deposit is required and how much are going to deposit first year ? How much at second year and third year ? Now it's need to calculate when can be started return from business. 

Starting a business in Malaysia

Manpower cost and offices expenses shall be included of investment cost. Do you need investor visa and work permit ? If so, another issue of capital RM 100,000 , other than US$ 2000 to US$ 5000 is enough to complete whole legal process to be started the business. 

Do you know how many days are required to starting a new business in Malaysia? As my view, it may take 30 to 45 days if the consultant is supported by the investors financially and documentary. 

Business ideas of Malaysia

Getting business ideas of Malaysia the investors are requested to contact the experts of S & F CONSULTING FIRM LIMITED for company registration in Malaysia

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Monday, October 26, 2015

How to start a business in Sri Lanka

How to start a business in Sri Lanka

How to start a business in Sri Lanka as foreign investors and business ideas of Sri Lanka are discussed. Starting a business in Sri Lanka should consider many issues of business environment.
How to start a business in Sri Lanka

Starting a business in Sri Lanka as foreign investors

Foreign entrepreneurs can register a business as law of state depositing amount of US$ ten million. Government encourages foreign businessmen to invest and start business. Starting a business in Sri Lanka as overseas entrepreneurs may contact the lawyer, consulting firm to guide in proper way.

Branch Office

Branch office of foreign companies can be registered and purchase property too as local investors if require shake of business.

Liaison /Representative Office

· Monitor business activities & research 

· Finance ministry of state is authority to approve representative office

Subsidiary business setup in Sri Lanka

Subsidiary or share holding business entity can be incorporated where a business entity shall be holding part of shares of new company or can be registered a full hundred % ownership.

Business can be permitted for industrial or general as ideas of foreign businessmen.

Tax incentives facilities of Sri Lanka

Income tax incentive opportunity is available for the foreign businessmen on certain goods of manufacturing, industry and others as law and policy of government. Nonresident shall pay the tax to government after calculation of expenses and income of business. Royalty can be received as 

Bilateral agreement countries can start business between themselves grabbing opportunity of taxation or low paid taxation as terms of agreement. Moreover treaty countries can have opportunity to starting business gaining revenue more than general investment countries.

Procedure of starting a business in Sri Lanka

· Unmatched business name confirmation

· C. Secretary and board of directors consent letter

· Register business from registrar of state

· A notice shown as public announcement 

· Tax confirmation from revenue office of government

· Value Added Tax (VAT) collection

· Government fees of stump and other fees confirmation

· Share issuance clearance 

· Apply for clearance of labor department

As BOI instruction foreign businessmen can start a business as hundred %.

Starting a business in Sri Lanka

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Friday, August 28, 2015

Bangladesh investment

Bangladesh investment

Bangladesh Investment

3rd Bangladesh investment summit, Asia arrange summit each year where many local companies and foreign investors attend and share environment of FDI. Government of Bangladesh welcome foreign investors to invest different sectors, IT, power, garments, technology, software and many more.

Barrier of investment in Bangladesh

Each government shows cordial coordination but in practical there are barrier in government offices, banks & lack of proper knowledge of consultants to guide in right way as FDI policy. Most of banks are not aware of foreign investment policy and can not guide foreign investors what are requirement to open bank account as foreigners, whether private investor visa is required or do NOT, can a foreign investor start business without investor visa (PI) or does NOT, why need permission from BOI (Board of Investment) and should take permission etc.

For example: To obtain membership from Chamber of Commerce , export and import license are required papers and to obtain export and import license membership from Chamber of Commerce is required. Which comes first is unknown!! This is one example such many problems are alive obtaining permission to start business as foreign investors in Bangladesh.

To expatriate profit of business in parent country is another major problem. Its a complex situation, Bangladesh bank is authority to permit transfer through bank after deduction of taxes (37.5% +10%). Its easier to remit in Bangladesh but difficult to transfer money from Bangladesh in legal way.

Why still foreign investors are coming in Bangladesh

Between many barriers foreign investors are coming in Bangladesh to invest different sectors. Why ? Generate revenue is main goal of business which attract investors. Example, fixed cost, mean manpower cost is lower, raw materials are available, lands are available to set up factory.

100% foreign equity is allowed in Bangladesh

Yes. Foreign entrepreneurs can hold 100% share. Local investors are NOT required to start business as FDI policy. 


New company registration in Bangladesh according to law and policy is main concern of foreign investors. If foundation is NOT done in right way have cause of sufferer for long time. 
How to obtain investors visa and work permit in Bangladesh 

Major investment countries in Bangladesh are India, Japan, Korea, China, Germany, US, Denmark

Contact us how to open temporary bank account before start investment in Bangladesh?

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Saturday, April 18, 2015

Agreement between two parties

(Sample copy of Agreement between parties)

Agreement BETWEEN 

…………………. Limited 

……………………… LIMITED

This Agreement is made and entered into at (place) on this the (date) day of January Two Fifteen, Christian era.


……. LIMITED(represented by its Managing Director), a Limited company incorporated in ………………….of the FIRST PART.

………. Limited (represented by its Managing Director), a limited liability company incorporated in …………of the SECOND PART.

………..Limited and ……….Limited being called in this Agreement individually as Party and collectively as Parties.

WHEREAS ………….Limited is …………………,

WHEREAS ………………………..

WHEREAS the Parties agreed to enter into an Agreement (hereinafter referred to as “The Agreement”) to work together for execution of ……………………..

Now, therefore, in consideration of covenants contained herein, the Parties hereby mutually agree to enter into this Agreement on the day, month and year, as mentioned above:

  • Revenue Sharing 
  • Interruption of Interconnection
  • Contact Persons
  • AmendmenT
  • Dispute Resolution
  • Language

In Witness whereof, THE PARTIES hereto set their respective hands and sEals on this day of the month and the year written above

Witnesses:                                                                                            Witnesses:

--------------------------------------                                     --------------------------------------

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Thursday, April 16, 2015

Authorization of Signatory of bank account

10 January, 20…

Ref: ………….
General Manager
………….. Limited

Subject: Authorization of Signatory of  account……………..

Dear Sir,
Please locate together with this the attached Board consent for changing of signatory of the subject mentioned account with your bank.

So, you are earnestly requested to modify the party and honor all documents including L/C, drafts, orders issued by the Company as per attached resolution.

Your positive action shall be highly appreciated

Faithfully yours,


Managing Director

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Sunday, April 12, 2015


Sample of Power of Attorney

The Board of Directors of S & F CONSULTING FIRM LIMITED having its principle address at …………………………… (Herein after referred to as ...........) has decided to establish branch office of the company in (Country) according to law of …………... The Board of Directors of ……………... Has given the authority to Mr. Md. Forhad Hossain; Passport no …………………… with the address of ……………………… from the resolution dated 18th March ……… to establish the branch office of the company and relating thereto in ………………….  Mr. Md. Forhad Hossain (Managing Director) of S & F Consulting Firm Limited, (herein after referred to as “Attorney”) as our authorized representative and true and lawful Attorney whose specimen signature is appended at the end of this document, with the power to proceed the following proposes:

All the lawful acts done by him or any person authorized by him if necessary in respect of opening branch office of ………………… and relating thereto and management of branch office shall be deemed to have been done by ………………... This power of Attorney will remain valid till completion of ……….or for 2 months.

In WITNESS WHEREOF, we have caused this power of attorney to be signed on this 26th March ………...
1. ...................
Executive Director


Managing Director



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Wednesday, January 28, 2015

business, entity, set up, establishment

business, entity, set up, establishment

  • How to set up business 
  • How to register a overseas entity as law of the country 
  • Trade environment 
  • Garments, Textile, Clothing, Buying house commerce inside 
  • Income Tax , Custom, Goods export and import, raw materials 
  • Business and/ or investors visa 
  • Employment cost, rent office
  • Area office open

Malaysia Company Registration, Incorporation: Entity set up, merger, foreign investment

India Company Registration, Incorporation: Entity incorporation, investor visa

Hong Kong Company Registration, Incorporation: Overseas business set up, merger entity

China Company Registration, Incorporation: Entity incorporation, open, establishment

Maldives Company Registration , Incorporation : Overseas trade opportunity, incorporate, acquisition

Myanmar Company Registration, Incorporation: Income Tax, entity establishment

Pakistan Company Registration, Incorporation : Business merger, acquisition, commerce, overseas investment

Sri Lanka Company Registration, Incorporation : Commerce, business establishment 

Singapore Company Registration, Incorporation : Trade and overseas investment opportunity

<img business.jpg" alt="business, entity, set up, establishment">

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Sunday, January 25, 2015

Important tips for the company secretary

Tips for the company Secretary, Corporate Secretary, Secretarial Manager


Read: memorandum & Article of Association of the company
Read: Trade license
Read: Permission letter of business
Read: Share holding position & number of market share
Read: Share certificate issued properly or issue if not been distributed
Read: Others all required docs
Read: Company Law and share market regulatory frequent notifications


Submission: Submit annual income return to Regulatory authorities
Submission: Audit report to Income Tax regulatory authority and other concern dept
Submission: Declare profit amount share holders
Submission: All required docs before expiry and preventive from penalty


Maintain: Directors’ share holding book and certificates
Maintain: Director’s meeting attendance book
Maintain: Meeting book with all concern bodies
Maintain: Meeting Minutes Book

Note: Never put sign on behalf of company or director’s to sell share of the company without permission of director’s.
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Monday, January 19, 2015

Singapore-Company Formation, Registration, Incorporation

Singapore-Company Formation, Registration, Incorporation

All foreign investors need to know the law and process of investment in another countries including income Tax , Initial investment, Paid up, Authorized capital, minimum investment amount in terms of branch office, representative office

-set up 100% overseas asset,
-joint business enterprise,
-Virtual / area office / cooperation organization),
-Open / set up branch office

 Let’s see how they are doing commerce in Singapore and generate returns.
There is many opportunity of investing in different sectors. All government gives priority to overseas deal to begin trade in Singapore.

<img src="Singapore 2.jpg" alt="Singapore-Company Formation, Registration, Incorporation">
Singapore-Company Formation, Registration, Incorporation

How to register/ creation/ merger business, company in Singapore 

FDI in Singapore, 
Doing trade in Singapore,
How to set up industry in Singapore

S & F Consulting Firm Limited, 
Skype: forhadhossain79

Subsidiary Company registration in Singapore

A subsidiary company is a locally incorporated private limited company whose majority shareholder is another local or foreign company. Singapore allows 100% foreign ownership in companies. Therefore a foreign company may incorporate a local limited liability company in Singapore (ie subsidiary company) and own 100% of the shareholding. 

How to get business visa ? What is the law of foreign investors ? 

Two easiest way business can be set up :
  • Without investor's visa
  • With investor's visa
An amount , approx US$ 90000 is need to deposit to get business visa , to set up business without investor/ business visa is possible by amounting a small number.

Singapore-Company Formation, Registration, Incorporation

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Wednesday, January 14, 2015

Business establish, set up in Pakistan

How to establish business in Pakistan ?

There are many laws and policies have to follow the FOREIGN  entrepreneur to set up business. visit: to know more 
In that case minimum capital investment of USD 50,000/- is suggested by us. To prove genuine investment we suggest having authorized capital of 50,000/- USD . 100 % foreign equity can be owned. 

Tax rate depends on company type and country of origin, however general prevalent
tax rate is 20% to 35% net of expenses.

Sectors of investment

Foreign Direct Investment sector in Pakistan (2014)
Items Inflow Outflow Net FDI
Food 38.21362 5.827785 32.385835
Food Packaging 0 0 0
Beverages 0 0.82931 -0.82931
Tobacco & Cigarettes 45.220905 2.66096 42.559945
Sugar 6.321922 0 6.321922
Textiles 5.708446 11.283549 -5.575103
Paper & Pulp 0 0 0
Leather & Leather Products 2.159345 0.14891 2.010435
Rubber & Rubber Products 0 0.13788 -0.13788
Chemicals 71.270715 6.917975 64.35274
Petro Chemicals 0 0.22731 -0.22731
Petroleum Refining 12.12598 10.971015 1.154965
Minning & Quarrying 0.29998 11.480085 -11.180105
Oil & Gas Explorations 198.81019 3.95251 194.85768
     Of which Privatisation proceeds 0 0 0
Pharmaceuticals & OTC Products 6.695018 0.575345 6.119673
Cosmetics 0 0 0
Fertilizers 0.01577 0 0.01577
Cement 17.911842 3.52944 14.382402
Ceramics 0.643936 0 0.643936
Basic Metals 1.650623 0 1.650623
Metal Products 4.46268 0.955875 3.506805
Machinery other than Electrical 1 0 1
Electrical Machinery 0.078065 11.160739 -11.082674
Electronics  10.525052 0.80572 9.719332
    I) Consumer/Household 8.676052 0.22854 8.447512
   II) Industrial 1.849 0.57718 1.27182
Transport Equipment(Automobiles) 28.132627 0.863315 27.269312
    I) Motorcycles 8.836767 0 8.836767
   II) Cars 13.67492 0.863315 12.811605
  III) Buses,Trucks,Vans & Trail 5.62094 0 5.62094
Power  102.604588 84.012241 18.592347
     I) Thermal 89.288211 76.893517 12.394694
          Of which Privatisation proceeds 0 0 0
    II) Hydel 13.316377 7.118724 6.197653
III) Coal 0 0 0
Construction 14.621478 3.413345 11.208133
Trade 10.084595 11.893374 -1.808779
Transport 2.080556 0.97098 1.109576
Tourism 0.77043 0 0.77043
Storage Facilities 0 2.023115 -2.023115
Communications 94.791925 261.05622 -166.264295
    1) Telecommunications 88.994965 256.63038 -167.635415
          Of which Privatisation proceeds 0 0 0
    2) Information Technology 5.492975 4.42584 1.067135
          I) Software Development 1.827373 0.61366 1.213713
        II) Hardware Development 0.380721 0 0.380721
       III) I.T.Service 3.284881 3.81218 -0.527299
    3) Postal & Courier Services 0.303985 0 0.303985
Financial Business 106.720698 40.417825 66.302873
          Of which Privatisation proceeds 0 0 0
Social Services 0.78781 0.800535 -0.012725
Personal Services 46.501247 1.447167 45.05408
Others 18.887889 15.889891 2.997998
 Total: 849.097932 494.252416 354.845516

Business set up
Foreign Trade
Overseas company Formation
Office open
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