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The current census of Malaysia lists that the country has over 900000 businesses listed as SMEs. Of which, these contribute to 36.6% of the country’s $354.348 billion valued GDP. As such, the SME sector is invaluable to the growth of the Malaysian economy. As such, the entrepreneurial climate in Malaysia is thriving. Leading more and… Continue Reading »

By definition, a sole proprietorship is a business that is owned and managed by one person. Thus, with regards to legality, the individual and the business are the same entity. It should be noted that although it is defined as being managed by one person, the owner is allowed to hire employees at their discretion…. Continue Reading »

Selangor is a state in West Malaysia and is the state that surrounds the country’s capital, Kuala Lumpur. Known for having several cities within its state boundaries, Selangor is considered Malaysia’s busiest state. As such, Selangor is currently the state that receives the most traffic in terms of visitors and tourists. Thus, ensuring that no… Continue Reading »

Kemaman is a district in the state of Terengganu in Malaysia. With the town of Chukai serving as the administrative seat of the district. Know for its large surface area, the Kemaman District is perfect for new and returning business owners to set up their companies. As an employer in Malaysia, you are probably familiar… Continue Reading »

There is often much confusion around the exact amount to be paid by the employer and employee towards the SOCSO fund. In simple terms, there are two categories of the SOCSO fund. In the first category, for the most part, the employer is to pay 1.75% of the employee’s total salary towards the fund and… Continue Reading »

Kuching is a large city in East Malaysia and is currently the state capital of Sarawak. Currently Kuching is known for being the most populated city in Sarawak. It is currently a tourist hotspot and a food destination. Thus, this makes it a perfect city for you to set up your business as you will… Continue Reading »

Malaysia is a country full of diversity. The country has various holidays where the holidays are separated into National and Regional Holidays in which some holidays which come under the State Public Holidays are Regional Holidays. There are many types of holidays like Sultans birthday depend on area. Religious holidays of Muslim, Chinese and Hindu… Continue Reading »

In the immigration office the official will place a stamp which is the entry stamp which also called as social visit visa in the authorized stamp. The authorization of passport to stay takes 90 days long. People who travel usually applies in the Malaysian Immigration Department for the extension of up to two months. Passport… Continue Reading »

A partnership company is defined as a business whose profits and management options are shared between two or more individuals. This means, in essence, the business has two or more owners. By having more than one owner, this ensures that decisions can always be made for the benefit of the company. There are several successful… Continue Reading »

Malaysia is South East Asia’s biggest country in terms of land mass. With 13 states and a bustling economy, Malaysia could be the perfect place for you to set up your business. Moreover, as a tourist hub and a rapidly growing community of expatriates, Malaysia ensures that you will always find a place for yourself…. Continue Reading »