Malaysia Company Registration Service
Hotline: 86-755-82143422 Email: anitayao@citilinkia.com
Malaysia's government pursues an investment and trade policy designed to serve the country's industrial promotion and development policy. The authority involved with investment regulation and promotion in the country is the Malaysian Industrial Development Authority ( MIDA) , which presides under the Ministry of International Trade and Industry (MITI). The manufacturing and processing sector, under MITI capable supervision, has long been the catalyst of growth. Malaysia, one of largest exporters of semiconductors in the world, is now climbing the value chain to move its electronics industry from commodity chip-making to testing and design in order to stay ahead of competitors. Malaysia's industrial policy during the seventies and the eighties was focused on promoting exporting industries. As a result, export performance was used as the main conditionality for foreign equity ownership. Basically, the greater the percentage of the products exported, the higher the foreign equity share. For example, if the project exports more than 80% of the products, 100% foreign ownership is allowed. Consequently, foreign firms in Malaysia have been confined to export industries. Only in 1998 were such restrictions lifted by the Government in order to revive the sluggish FDI inflows.
Companies and corporations wishing to operate in Malaysia are required to register with the country Registar of Business, the Companies Commission of Malaysia (CCM). Under CCM’s regulations, for local and foreign enterprises. there are different procedures.
Foreign companies are required to register a branch or set up a local company in Malaysia in order to conduct business in the country. The company must also undergo the same procedure as a local company, which is to put an application to inquire if the intended name is still available. A reservation period of three months will also be granted, during which time the company must submit copies of documentations such as Certificate of Incorporation, Company Charter, List of Directors, a memorandum of appointment authorising a Malaysian resident to accept any notices served on the company and Statutory Declaration, plus relevant fees. Documents in a language other than the country’s national language, Bahasa Malaysia or English must have an accompanying certified translation. Once all procedures are completed and approved, CCM will grant the applying company the status of a foreign company operating in Malaysia.
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For any enquries, please do not hesitate to contact us, Malaysia hotline：603-2141 8908，Fax：603-21418909; Hong Kong hotline: 852-27826888, Fax: 852-34262391; China hotline: 86-755-82143181, Fax: 86-755-82143182; Email: tannetcom88@gmail.com (Malaysia), Group website：www.3737580.net