Incorporating a company in Malaysia? Leverage our expertise. We specialize in helping entrepreneurs and businesses establish their presence in Malaysia through seamless, omnichannel company incorporation services. Our expert and personalized team is here to guide you every step of the way, regardless of whether you are a local entrepreneur or a foreign investor looking to expand your business into Malaysia.
Why is Malaysia the Perfect Destination for Your Business Incorporation?
Malaysia’s robust economy and strategic Southeast Asian location make it an ideal destination for business incorporation. The nation reported $69.5 billion in approved investments and $39.7 billion in actual foreign investment in 2023, reflecting its strong investment climate. With a well-educated workforce and government incentives targeting key sectors like semiconductors, data centers, renewable energy, manufacturing, and biotechnology, Malaysia offers a conducive environment for business growth. The streamlined incorporation process further enhances its appeal, providing a cost-effective and promising platform for establishing and expanding businesses in Asia.
Related Read: Types of Business Opportunities in Malaysia
Requirements to Incorporate a Company in Malaysia
Here are the basic requirements to set up a company in Malaysia.
Document Requirements in Malaysia
- Locals generally have a simpler and smoother incorporation process with less documentation required.
- There’s no minimum amount of money that needs to be initially invested in the company, the paid-up capital.
- Locals with permanent resident status have the option of choosing a sole proprietorship structure. Which is simpler but offers no liability protection.
- Foreigners typically need to meet a minimum paid-up capital requirement. Which can vary depending on the business type (e.g., RM1 million for import/export).
- Certain business structures might be restricted for foreigners (e.g., sole proprietorships).
- In some cases, at least one director might need to be a Malaysian resident or citizen.
- More complex process, the incorporation process for foreigners may involve additional steps and documentation.
- Visa requirements, foreigners might need to obtain a employment pass to be involved in running a company.
Tips: To avoid any hassle or uncertainty, foreigners need to engage to hire a corporate law firm. They can help clients with the whole incorporation process. Don’t worry we can guide you.
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Company Incorporation Process in Malaysia
Now that you know the basic requirements to set up a company in Malaysia, see our step-by-step guide on incorporating your new company and use our free company name checker above!
How Long Does It Take to Incorporate a Company in Malaysia?
The timeline for company incorporation in Malaysia is typically between 5 to 10 working days. However, the exact timeframe can depend on a few things. Firstly, if you have a company name readily approved by Suruhanjaya Syarikat Malaysia (SSM), that shaves off valuable time. Secondly, ensuring all your documents are complete and submitted correctly avoids delays. Finally, using a service provider to help with the incorporation process, can streamline the process depending on their workflow.
In the best-case scenario, with all the paperwork approved, you could be up and running in just one day. It’s always best to consult a company registration specialist in Malaysia for the most accurate timeline though, as they can consider your specific situation and current processing times.
Find the right service, we personalise it for you
With a wealth of experience in registering businesses across Singapore, Malaysia, Indonesia, and Hong Kong, we know the ins and outs of the incorporation process. Our proven track record in facilitating successful company registrations speaks for itself. Let us guide you through a streamlined and hassle-free incorporation journey, helping you to complete company registration in no time.
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Malaysia Company Incorporation Articles
Supplement your existing knowledge with additional insightful readings that we’ve crafted based on our years of experience.
Foreigner looking to incorporate a company in Malaysia? Understand the process, different business structures, and post-incorporation steps.
Find out which type of business entity is right for you, between Sole Proprietorship, Partnership, LLP, SDN BHD, or Berhad.
Clear your confusion on which business structure to choose when incorporating your company in Malaysia.
Understand the process in opening a Corporate Bank Account for both local and foreign businesses.