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All companies in Malaysia need to appoint at least one Malaysian resident director. It is fairly common for foreigners to establish a company with a nominee director in Malaysia serving as the local director, to ensure that the company is in good standing. The nominee director is legally bound by the Malaysian Companies Act 2016 and needs to fulfil fiduciary duties towards the company and the shareholders of the Malaysia Company.

Responsibilities of a Nominee Director

1. Act in the best interest of the company
2. Reliance on information from others
3. Responsibility for the action of the delegate
4. Responsibility for implementing a system of internal control

Benefits of Hiring a Nominee Director

1. Cost Efficient
2.  Expertise

After a successful company incorporation in Malaysia, opening a corporate bank account would be the next step before commencing any business operations. Opening a corporate bank account in Malaysia is not as tough of a process compared to Singapore.

However, different banks could be more stringent than others. In addition, banks will usually have different rules and regulations or open accounts from each other, adding to the complexity.

Our focus is to prove that your company has a tax substance and select an account that best fits your business needs. Most importantly, you DO NOT need to be physically here! We work closely with our trusted bankers to give you a higher success rate in opening a corporate bank account.

The Malaysian Employment Pass (EP), allows foreign professionals to work in Malaysia.

Who Qualifies:

• Individuals with relevant degrees and work experience for the offered position (typically 3+ years).
• Roles in management, executive, or technical fields requiring specialized skills.
• Meeting minimum salary requirements (varies based on category)

Process:

• Eligibility Check: Ensure you meet the requirements for your desired EP category.
• Job Offer: Secure a job offer from a Malaysian company that will sponsor your EP application.
• Prepare Documents: Gather necessary documents like passport, educational certificates, resume, and employment contract.
• Employer Application: Your employer will apply supporting documents to the Immigration Department.

For a detailed breakdown of eligibility criteria and the application process, you can contact to us.