WHAT DOCUMENT DO I NEED?

What documents do i need?

  1. Identification Documents
    – NRIC
    – Passport
  2. Proof of Your Residential Address
    – Utility Bills
    – Telco Bills

 

HOW DO I RELOCATE TO MALAYSIA?

How do i relocate to Malaysia?

  1.  Each work permit has benefits and detriments suited for:
    – Particular business
    – Class of business
    – Investors
  2. 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?

  1. 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

  1. 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?

  1. For work pass holder.
    – Form B (Individuals with Business Income) – Due before 30th June yearly
  2. For the company.
    – Form C (Corporate Tax) – Due before 7 months after financial year end