Malaysia Setup Company Service Provider in Malaysia
Many view Malaysia as the ideal gateway for investment as well as a country to setup their companies in Southeast Asia. Here is the reason why and how Malaysia Setup Company can help you.
Malaysia Setup Company: Corporate Service Provider in Malaysia
Many view Malaysia as the ideal gateway for investment as well as a country to setup their companies in Southeast Asia. Here is the reason why and how Malaysia Setup Company can help you.
Located in the heart of the region, Malaysia is an ideal gateway to traipse into the ASEAN markets with its population base of 600 million (which is much larger than the combined population of USA and Japan).
No doubt, Malaysia possesses the state-of-art infrastructure in Southeast Asia to meet the needs of the business community. World-class facilities like international airports, well-established seaports, and well-maintained road networks [that link major cities to seaports and airports], high-speed broadband and so on has cemented Malaysia as one of the preferred countries to enter the rest of the ASEAN market.
The market-oriented economy in Malaysia has offered a dynamic business environment with opportunities for growth and profits. The well-developed financial and banking sector, first class infrastructure, as well as highly educated workforce have created the vibrant business environment in the country.
The Malaysian government welcomes foreign investors into the country as they strive to provide a business-friendly environment for both local and foreign investors to operate in. These efforts have been affirmed by the competitiveness criteria in the Doing Business ranking by the World Bank, including the ease of starting a business, cheap labour fees, licensing approvals, tax administration efficiency, and ease of cross-border trading.
The other reason that attracts foreign investors is the attractive tax incentive in Malaysia. In Malaysia, the corporate tax rate is 25% and the maximum individual tax rate is 26%. What’s more, Malaysia also offers a wide range of tax incentives for manufacturing projects under the Promotion of Investment Act 1986 and the Income Tax Act 1967.
Malaysia is a smack dab in the middle of Southeast Asia and many see it as the prime launching pad to enter the other ASEAN markets. Read on if you want to setup a company in Malaysia.
The procedures of new company registration in Malaysia involve a few steps just like other jurisdictions.
1. Decide the business type
Business entities available in Malaysia are sole proprietorship, partnership, private limited company (sdn bhd) and limited liability partnership.
2. Incorporate your company
There is a multiplicity of advantages of setting up in Malaysia. If you are looking to setup company in Malaysia and you are scouting for professional help at a cheaper rate, Malaysia Setup Company is always the one that ranks high on the list. Malaysia Setup Company is not merely a team of accounting professionals, but who understands the full company formation procedures. What’s more, they offer the cheapest deal in town while you can have the professional company formation services!
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