Foreign-Owned Company Setup in Malaysia
As one of the fast-growing business hubs in Southeast Asia, Malaysia’s robust economic growth has attracted foreign investors from around the world. As of now, Malaysia is one of the economies in East Asia and the Pacific that has implemented reforms to improve its business environment for foreign investors. The government’s continuous reform efforts and initiatives have earned it a position among the top-performing economies in the region in terms of the efficiency and quality of business regulations (as measured by the Doing Business report).
Setting up a foreign-owned company in Malaysia is easy and fast. However, there are certain things you need to know in relation to the incorporation procedures and regulations.
Prior to company incorporation:
- Have a well-planned business plan at hand.
- Understand the requirements to set up a foreign company: Key Considerations Before a Foreigner Starts a Business in Malaysia
- Get to know the business entities available and your eligibility: Foreign Company Setup Options in Malaysia
If you are running a business in the service sector, you might want to know about the Liberalisation of the Services Sector in Malaysia. The liberation of the services sector is not only playing a big role in boosting economic growth by attracting foreign investors and experts in the services sector, but it also allows Malaysia companies to expand beyond the domestic market and enter into regional or global markets.
For those venturing into the manufacturing sector, an understanding of the Equity Policy in the Manufacturing Sector, a policy of the Government that encourages joint ventures between Malaysia and foreign entrepreneurs.
How to Set up a Foreign Company in Malaysia:
After you have come out with the business plan and understand the business climate in Malaysia, you will want to move forward to set up your company. An Expatriate Guide to Starting a Business in Malaysia as a Foreigner is a useful link that you can literally get yourself equipped with the knowledge about the ins and outs of doing business as well as setting up a foreign company in Malaysia. Of course, you will have a bunch of questions along the way. Here is the page that you can have most of your queries answered: An Expat’s Guide: Commonly Faced Problems by Foreigners When Doing Business in Malaysia
Below are some guidelines on foreigner setup and the complete services that we offer.