Foreign promoters make plan to commence business in Malaysia without any problems. Director of the company knows that Sdn Bhd company is suitable as company formation. Fees of registering Sdn Bhd is Ringgit 2500 to 3000, that is reasonable.
Common information at a glance
- Foreign promoter is allowed to own all shares of the business;
- Paid up capital is advising to keep Ringgit two thousand, at the minimum;
- One person company establishment is allowed;
- Business is registered within less than a week;
- Every Sdn Bhd (Limited Liability) company shall appoint a license secretary, as companies Act;
- Non-resident director can open business account in foreign bank- HSBC, SCB, UOB
- Other business licenses are required after company formation in Malaysia to commence operation;
- Foreign entrepreneurs can apply for ESD and professional visa to live in Malaysia and to look after business (T&C apply);
Required documents of companies formation
Share Capital
Shareholder
Bank Account oopen
Business Licensing
ESD and Professional Visa
Annual Responsibilities and cost
Annual Return, Accounting, Tax & Audit
Advise for the directors of the company
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