Guide to setup business in Malaysia

How to register a company in Malaysia

It's not easier to setup SDN BHD company in Malaysia as foreigner rather run a business after setting up in major concern. Let business setup is done, but you are not given employment, expatriate or any visa to live and/ or stay a long time to look after business! Now, who will take care of business, local staff? NO.

Step 1: Open LLC (Sdn Bhd) Company
Step 2: Open Bank Account
Step 3: Rent physical office with a tenancy agreement
Step 4: Apply for signboard and premise license
Step 5: Apply for import and export license (if need)
Step 6: Apply for ESD towards visa (employment pass)

A lot of problems with local, Malaysian staff!

Every local staff will take advantages if the director is absent as got no visa to live. Which one will come first Visa or Business setup? 

How to register a company in Malaysia

Business setup takes 7 days after then many other licenses/permission need along with company incorporation, Sdn Bhd. Let, 1) bank account open 2) Signage 3) SOCSO and EPF 4) Export/ import 5) Halal 6) WRT 7) ESD 8) Visa application

Unless follow all steps will be a problem to set up business in Malaysia. 

How to register a company in Malaysia

Setup office in Kuala Lumpur, Selangor, Penang, Johor Baru, etc in your desired location. General trading, service, manufacture, export, import, restaurant, small business and any types of business can startup as a foreigner and hold 100% shares ownership. Ringgit 4000 at first show as paid up and later increase up to 1 million if like to apply of visa as director of the company. More detail may find here to know all the steps of how to register a company in Malaysia.

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Staff hiring in Malaysia

Staff hiring in Malaysia

Do you think staff hiring is easier in Malaysia? Are you getting right employee? Are you happy with your staff as employer? Do you think your staff is perfect?

Do NOT hire monkey for your company !

Yes. all staffs are not same indeed. But you know many local staffs of Malaysia are lazy and useless, create problem ! Yes, it seems economy is good in Malaysia, correct but what about the lower income people? How many employees have graduation (it's not more than 30%). Most of the staffs have SMPO (12 class). 

Education is not important ! Education is important !

Staff of Malaysia

One SDN  BHD company registration Malaysia is completed and all of them are foreigners. They need to hire local staffs as they have no permission to import foreign staffs. Are you safe to hire local staff for your company? No, not at all. In practical most of the local employees takes opportunity in absence of directors.

You will loose money and time.

What is the solution? Hire the person who is not monkey. Pay high salary, hire skill person (Chinese or foreigner) in Malaysia to save your business. Some local employees are good but make a budget to hire them.

Are you doing export, import business in Malaysia? Do you know the steps of new company registration and required licenses to run business lawfully? 

1. Company incorporation
2. Bank account open
3. Sign board & Premise license
4. SOCSO and EPF registration
5. Export, import license
6. WRT license
7. ESD registration
8. Visa application 

Anyway, above 8 steps have to obtain to run business smoothly in Malaysia as foreigner. Required investment capital are as follows:-

1. Ringgit 350,000
2. Ringgit 500,000
3. Ringgit 1 million

To be clear contact us. 

Staffs are asset of your business, so wish you will hire the right one. Executive: RM 1500-2000 (non experience to 2 years experience), SR Executive: RM 2500-3500 (Experienced), Asst Manager: RM 4000 to 5500. But the Chinese staffs are always expensive in Malaysia. Because of their commitment and responsibilities with company. 

1. https://www.jobstreet.com.my/ is the number one job site in Malaysia. Each job advertisement post cost might be  Ringgit 350 to 500.

Select right day for interview: Saturday and Sunday (Being holidays). Interested candidates prefer to attend in interview in weekend. 

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