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WHAT DOCUMENT DO I NEED?
What documents do i need?
Identification Documents – NRIC – Passport
Proof of Your Residential Address – Utility Bills – Telco Bills
HOW DO I RELOCATE TO MALAYSIA?
How do i relocate to Malaysia?
Each work permit has benefits and detriments suited for: – Particular business – Class of business – Investors
Types of Work Visa in Malaysia – Employment Pass Category 1 (Salary > RM10,000) – Employment Pass Category 2 (Salary RM5,000 – RM9,999) – Employment Pass Category 3 (Salary RM2,500 – RM4,999)
WHICH BUSINESS ENTITY SHOULD I CHOOSE?
Which business entity should I choose?
Best company structure in Malaysia – Sdn Bhd (Private Company) – Setting up a Sdn. Bhd. in Malaysia does not require a local director – Share capital from RM1,000 onwards – Statutory requirement of a local company secretary which we will provide
HOW DO I OPEN A BANK ACCOUNT IN MALAYSIA
How do I open a bank account in Malaysia
Documents Needed to Open Bank Account – Original passport / NRIC and copies – Letter of employment from the employer. (if on a work permit) – Company’s business profile (super form) and certificate of incorporation – All directors need to be present for bank account opening
DO I NEED A LOCAL DIRECTOR?
Do I need a local director?
According to the new Companies Act 2016, companies no longer require local director to be appointed.
WHEN DO I NEED TO DO MY TAX?
When do I need to do my Tax?
For work pass holder. – Form B (Individuals with Business Income) – Due before 30th June yearly
For the company. – Form C (Corporate Tax) – Due before 7 months after financial year end