Understand the Jurisdictions Setup Requirement Before Proceed Your Malaysia Company Formation
Malaysia is strategically located right at the heart of a global trade route in Southeast Asia, making it a prime location for businesses with the desire to penetrate the Southeast Asia markets. The country is also well-endowed regarding agriculture and natural resources, and it has a vibrant economy with a highly proficient workforce. This is the right kind of recipe foreigners would desire when looking forward to expanding in a new region. If you are also looking forward to starting any kind of venture in Malaysia, then we are here to provide you with reliable Malaysia company formation services to help you set up as soon as possible.
Business Registration Options in Malaysia
When you are thinking about starting a business in Malaysia, you should know the various types of businesses available to both locals and foreigners. If you are not sure, our experts will be available to guide you in the identifying the business type you need to register so that you can operate legally in Malaysia. However, here are some of the common business registration options to consider when thinking of Malaysia company formation-:
This is ideal if you are looking forward to conducting business in Malaysia on your own. For the requirements, you must be a Malaysian citizen or a permanent resident, be above the age of 18 years and be the only owner who will be submitting the company application forms.
Sdn. Bhd. Company
Sendirian Berhad company is the common vehicle for most businesses who are starting operations in Malaysia. It is a separate legal entity from its directors, and as such, it can own property and also be responsible for liabilities. To open as Sendirian Berhad company, there must be a minimum of two shareholders, two directors, and one company secretary.
A partnership is the other form of business you can start in Malaysia. The requirements for a partnership are the same as that of sole proprietors. The only difference is that a partnership can have up to twenty partners. Also, there’s a joint liability among all the partners.
Limited Liability Partnership
This is a hybrid type of business that features both elements of conventional partnership and a private company. Also, it has a legal status of a body corporate to mean that it can sue and be sued, and own property among other acts.
Why Use Our Services
Using our Malaysia company formation services will come with a horde of benefits to you as an individual, and also to your business. If you work with us, you will get:
- Fast services. You don’t have to wait for weeks or months for your company formation process. We know what to do in securing clearance you need to start your business in Malaysia.
- Great value for your money. Our services will be tailored to meet your specific needs, and we are very transparent in our pricing. As such, you won’t get surprises of hidden fees or charges that may inflate the cost of the incorporation.
- A team of experienced professionals. Our team comprises of lawyers, accountants, and tax experts – you get everything you need under one roof.
Contact us or send us an email and one of our friendly representatives will get in touch with you. This ensures that all your Malaysia company formation concerns are addressed.