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.
Superb Geography Location
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).
World-class Infrastructure
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.
Dynamic Business Environment
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.
Business-friendly Government Policies
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.
Attractive Tax Incentives
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.
Procedures of New Register 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
- Name your business – Do a name search according to the availability and registrability.
- Prepare relevant documents:
- Documents needed are the Memorandum of Association and the Articles of Association.
- Form 48A (a statutory declaration by a director or promoter before appointment)
- Form 6 (the statutory declaration will be made by the Company Secretary).
- The original version of Form 13A, a copy of the letter from SSM approving the company name and a copy of NRIC of each directors’ as well as that of the Malaysia Company Secretary’s.
- Submit incorporation documents and pay the fees
- Submit incorporation documents and pay the fees
The incorporation documents have to be submitted to SSM within 3 months from the date of approval of the company’s name by SSM.
WHY CHOOSE US?
Malaysia Setup Company Services
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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