Malaysia Company Set Up Introduction
Being ranked as the top 6th country in the world as the easiest and most friendliness in doing business by the World Bank, this proof that Malaysia is truly on track on its economy transformation and bale to poise a place of investment welcoming foreigners! Strategic location, stability, affordable living with abundance of business investment opportunities in Malaysia promoted the demand of setting up companies in Malaysia.
At 3E Accounting, we understand the challenges and hurdles of starting a business, we are pleased to support your business. Nothing is happier than knowing we are able to help SME in facing all the difficulties during their start-ups and grow together with them.
As a leading corporate service provider, we offer our customers a comprehensive and cost-effective end-to-end one-stop solution services.
Company set up services that are available in 3E Accounting are as follows:
- Malaysia Company Incorporation Services
- Malaysia Company Registration Packages
- Nominee Director Services
- Business License Application
- Guide for Opening Corporate Bank Account
- MSC Malaysia Status Application
Malaysia Company Incorporation Services
3E Accounting could help you to register your new company in Malaysia at RM1,100 (W/GST RM1,166) only, with promise no hidden costs and tricky add-ons. We practice no lock in period and no exit fees for Malaysia Company Setup. In order to enjoy this promotional price, you are required to take up our Secretarial Services Package. We believe that you can find this attractive package in nowhere else, but only at 3E Accounting!
Based on 3E Accounting’s past experiences on registering company with SSM, the entire incorporation process will take 5-7 days. According to 3E Accounting track record, we are able to register a company within 1 working day from that directors and shareholders sign the incorporation documents at 3E Accounting office.
Malaysia Company Registration Packages
As mentioned earlier, at 3E Accounting, we are able to register a company within 1 working day from that directors and shareholders sign the incorporation documents at our office. It is our mission to provide 3 Es service to our customers, which are efficiency, effectiveness and economy.
At 3E Accounting, we understand how important your time is in starting a business. Therefore, our team of experienced and qualified expertise is just one call away to help you. We are providing various options to meet your need accordingly. For more information, please do not hesitate to check out more on our page.
Nominee Director Services
All Companies are required to have at least two directors who each has his principal or only place of residence within Malaysia. Through the SSM, Malaysian company details are available for public viewing including shareholders and directors, date of incorporation, share capital and registered address.
At 3E Accounting, we are currently providing our Nominee Director Service at promotion price. We will offer you a lower security deposit at RM10,000 for 2 directors, only if the company is in good standing based on a detailed company search. We will perform the search free of charge. You, as the principal, must satisfy our initial Know Your Customer (KYC) requirements.
Business License Application
To set up company in Malaysia, there are a few licenses that you have to apply before you start your business, including business premises license, employment agency license, wholesale retail trade (WRT) license, publishing permit license and printing machine license.
The requirements for the application of Business Premises License and signboard license may vary according to each local authority. 3E Accounting could help you to apply for the business premises license from respective State Authorities.
Apart from that, before the commencement of business, all companies that is operating as private employment agency is required to obtain Employment Agency License from the Ministry of Human resources Malaysia.
WRT license is applicable for foreign owned company (more than 50%) only. Businesses such as retail, trading (import and export), distributive trades, restaurants, franchise business and services and consultancy are required to obtain license for the Ministry of Trade Cooperative and Consumerism Malaysia.
As for anyone who prints periodicals or imports, publishes, sells, circulates or distributes whatever periodicals in Malaysia must obtain Publishing Permit from the Ministry of Home Affairs.
In addition, companies printing over 1,000 impressions per hour for business publication/printing is required to apply for Printing Machine License from Ministry of Home Affairs.
Guide for Opening Corporate Bank Account
We at 3E Accounting, as an expert in setting up companies in Malaysia and assisting in bank account opening, we have good track records in assisting plenty of foreign clients to open company bank accounts successfully. Chances of successful bank account opening can be increased tremendously if your company has a strong holding company overseas to back up its finances.
MSC Malaysia Status Application
By getting MSC Status for your company, you will be able to enjoy the following benefits, including Pioneer Status (PS), Investment Tax Allowance (ITA), Duty Free Importation and Foreign Knowledge Workers. Our affiliated partner is an expert of MSC Malaysia Status application. We cover the entire process of the MSC application right up to the final stages of the Approval Committee’s decision.