Doing Business in Malaysia VS Georgia – A Comparison
Entrepreneurs and global investors often compare starting a business in Malaysia and Georgia as part of their international expansion strategy. Malaysia attracts businesses with its affordable setup costs, business-friendly regulations, and access to ASEAN markets. Georgia, strategically located at the crossroads of Europe and Asia, offers a liberal economic environment, low taxes, and streamlined business registration processes, making it an emerging hub for international entrepreneurs.
Key Comparison Points
Business Environment
- Malaysia: Malaysia provides a stable and investment-friendly environment with government incentives for company incorporation in Malaysia.
- Georgia: Georgia boasts a liberal economic policy, minimal bureaucracy, and ranks highly in ease of doing business, offering a conducive environment for startups and foreign investors.
Taxation
- Malaysia: The corporate tax rate is 24%, with tax exemptions and incentives offered through company incorporation services for eligible sectors.
- Georgia: Georgia has a flat corporate income tax rate of 15%, and notably, undistributed profits are not taxed, encouraging reinvestment and business growth.
Ease of Company Incorporation
Cost of Living and Business Operations
- Malaysia: Setting up businesses in Malaysia is cost-effective, with low rental, labor, and utility expenses.
- Georgia: Georgia offers a low cost of living and affordable operational costs, making it attractive for startups and SMEs seeking budget-friendly environments.
Access to Markets
- Malaysia: Malaysia connects businesses to major trade blocs like ASEAN, RCEP, and CPTPP, with end-to-end support from 3E Accounting.
- Georgia: Georgia serves as a gateway between Europe and Asia and has free trade agreements with the EU, EFTA, CIS countries, and China, providing broad market access.
Quick Comparison Overview
Here’s a quick overview of the key differences for easy reference.
| Factor | Malaysia | Georgia |
| Business Environment | Stable, pro-investment, and well-regulated | Liberal policies, minimal bureaucracy |
| Corporate Tax Rate | 24% | 15% (undistributed profits not taxed) |
| Capital Gains Tax | Applies in most cases | Generally exempt for individuals; varies for entities |
| Ease of Incorporation | Fast, online, and supported by SSM | Very fast; often within one business day |
| Business Costs | Low startup and operational costs | Very low cost of living and operations |
| Market Access | ASEAN, RCEP, CPTPP | EU, EFTA, CIS, China (via FTAs) |

Benefits of Choosing 3E Accounting
Selecting the right partner is crucial when it comes to starting a business in Malaysia. At 3E Accounting, we offer a comprehensive range of solutions designed to simplify the entire process of company incorporation in Malaysia. From ensuring compliance with local regulations to providing expert guidance tailored to your specific needs, we make the journey seamless.
For entrepreneurs looking to navigate Malaysia company registration or explore company setup in Malaysia, our team provides unmatched expertise and support. Additionally, our company incorporation services are tailored to help you succeed in the competitive business environment.
With a deep understanding of the region’s business landscape, we also provide resources for setting up businesses in Malaysia, ensuring that every step is clear and efficient. Whether you need assistance with corporate secretarial or company secretary services, we are here to help.
To explore our services or discuss your business needs, contact 3E Accounting. With our strong presence in Malaysia and a proven track record, we are your trusted partner for success in Asia.
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Frequently Asked Questions
Malaysia offers access to Southeast Asia and competitive costs, making starting a business in Malaysia ideal for regional expansion. Georgia appeals to entrepreneurs looking for low taxes and fast company registration in a Eurasian hub.
Yes. All private limited companies (Sdn Bhd) must appoint a licensed secretary. You can engage company secretary services from 3E Accounting for compliance and convenience.
Abigail Yu oversees executive leadership at 3E Accounting Group, leading operations, IT solutions, public relations, and digital marketing to drive business success. She holds an honors degree in Communication and New Media from the National University of Singapore and is highly skilled in crisis management, financial communication, and corporate communications.