Monday, June 18, 2018

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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