Register a Private Limited Company in Malaysia
Registration of businesses in Malaysia is done by the Suruhanjaya Syarikat Malaysia (SSM) or known as the Companies Commission Of Malaysia. Depending on the type of business, the paid up capital and the work permit application, there are three major types of companies which foreigners can set up in Malaysia: 100 % Foreign Owned Company, Joint Venture with Malaysian partner, Private Company Limited by Share.
100% Foreign Owned Company
Such companies are entirely owned and controlled by foreign directors. The business concept should be unique, beneficial to the Malaysian economy and employment and has to be approved under the 100% foreign owned structure principle. The minimum paid up capital requirement is still RM 1,000, only for certain business like import, export, restaurant and trading businesses where higher capital is required.
Joint Venture with Malaysian partner
For such companies, a minimum of 50% control over the venture is maintained by the foreign directors. The other half is owned by Malaysian investors and trading partners. A minimum authorized capital of RM 1,000 and only certain business activities like Retail , Wholesale and Trading then WRT license is needed where higher capital is required.
Private Company Limited by Shares
Find out more on the Setting Up SDN BHD company Procedure to establish a limited company in Malaysia with Paul Hype Page & Co. Company establishment and start up in Malaysia has never been easier. Our qualified and professional consultants will assist you incorporate your business in the shortest amount of time.