Malaysia Company Registration Service
Hotline: 86-755-82143348 Email: 2355725105@qq.com
Business Setup in Malaysia can be divided into onshore and Labuan offshore business. There are some following instructions to allow all investors to have a better understanding on investment environment in Malaysia and procedures of Malaysia business setup.
Business Setup in Malaysia - Types of Malaysia Business
Malaysia Business Formation is divided into 2 types: Local companies and Labuan offshore companies. Local companies in Malaysia exist in entity form, in which investors can choose between field operation and virtual office. In contrast, Labuan business formation has a flat tax rate system.
Business Setup in Malaysia - Malaysia Business Name
Malaysia Business Name can be registered in English or Malay, usually ends with “SDN. BHD”. SDN is the abbreviation for Sendirian, meaning private whereas BHD is the abbreviation for Berhad, meaning limited. SDN. BHD refers to “Private Limited” whereas Berhad generally refers to “Public Limited Business”. In Malaysia, companies are generally registered in the form of enterprise, partnership or private limited business. Private limited business is the most common form among all, for instance, ATAHK (MALAYSIA) SDN. BHD.
Business Setup in Malaysia - Authorized capital
A private limited business in Malaysia must have a minimum authorized capital and paid-up capital of RM400, 000 and RM2 respectively. Paid-up capital may differ with scope of business, therefore entrepreneurs can place the paid-up capital in phases based on actual operating conditions.
Business Setup in Malaysia -Appointment of shareholders and directors
Each business must provide two (2) or more shareholders; shareholders can be the directors at the same time. Shareholders do not have nationality restrictions; each business must have a minimum of two (2) directors, being a natural person with their principal place of residence in Malaysia or foreigners who hold a visa in Malaysia for more than 6 months. ATAHK can assist on coordination and provide local directors if necessary, specifically Chinese directors with good financial position and professionals.
Business Setup in Malaysia - Required Documents
Required Documents for Business Setup in Malaysia are English name of the Malaysia Business, personal data of all the shareholders and directors (Identification card or passport and address), authorized capital and the shares allocation, articles of association, purpose of business formation and main projects.
(All documents must be translated in English or Malay)
For more information on document translation service, please refer to Malaysia Document Translation Service.
Business Setup in Malaysia - Procedures
Filling the application form → sign an agreement → make the payment → business name search → signing of documents at Malaysia → complete the procedure at government departments → receive full set business information → opening of business bank account
Business Setup in Malaysia - Timeline
When the required documents are ready, it would take approximately 20 working days to complete the Malaysia Business setup procedures. If the applicant comes directly to Malaysia to complete the setup procedure, it would only take 7 working days.
Business Setup in Malaysia - Service contents
One set of certificate, seal, three articles of association, appointment document of shareholders and directors.
Business Setup in Malaysia - Service fees and payment method
Full payment in advance by Cash, cash transfer, telegraphic transfer, cheque and bank draft to the ATAHK stated bank accounts in Malaysia, Hong Kong and China.
Business Setup in Malaysia - Corporate Bank Account Opening
Bank account opening can only be done after the completion of the Malaysia Business setup. Malaysia private limited business will be able to open a bank account at certain banks, for examples, OCBC Bank and ICBC Bank. ATAHK has unique advantages in opening bank account for our clients, which includes recommendation for bank, preparation of corporate bank account opening documents, preparation of meeting report and application letter for corporate bank account opening, arrangement of introducer and follow-up services. Corporate bank account opening requires RM5000 whereas private account opening depends on the bank condition and requires RM3000.
Business Setup in Malaysia - Business Secretarial services
ATAHK can provide Malaysia Business with operating address, registered address as well as services such as call receiving, and fax and mail services.
Business Setup in Malaysia - Annual filling requirements
Every business must update the business details and submit annual tax filing to the government before the deadline. All Malaysia Companies including dormant business must prepare the business account. ATAHK can provide our clients with accounting and tax services and charge accordingly.
Business Setup in Malaysia - Working permit
The authorized and paid up capital of Malaysia Business must be at least 1 million ringgit for those companies that want to apply working permit for foreign workers. ATAHK can assist our clients to apply for the working permit.
Business Setup in Malaysia - Our Commitment
ATAHK ensure all the documents and certificates given to our clients are authenticated by professional lawyers in China, Hong Kong and United States. If any fault occurred, ATAHK shall bear all the legal responsibilities and make double compensation to our clients. Our 24 hours hotline: Malaysia 603-2141 8908, Hong Kong 852-6227 6736, Shenzhen 86-755-8214 3966.
Contact us
For any enquiries on Business Setup in Malaysia, 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