How to Set Up a Company in Malaysia

A presentation brought to you by our law office in Malaysia

1

2

Company Incorporationin Malaysia

Company registration is mandatory in Malaysia for all types of companies.

Investors who want to open a company in Malaysia must observe the requirements for company incorporation, registration and licensing.

3

Requirements for Company Incorporation in Malaysia

Investments in Malaysia are permitted, provided that the investors observe a few basic requirements.

The company directors must be at least 18 years old and the company must have a minimum share capital and a registered address in Malaysia as well as comply with the taxation requirements.

4

Types of Companies in Malaysia >>

Investors who are looking towards opening a company in Malaysia have a few options when selecting the appropriate business type.

The private and public limited liability companies are very popular business forms. The smaller private limited liability company can be converted into a public one, if the investor wishes to upgrade the business.

5

>> Types of Companies in Malaysia

Other types of companies in Malaysia include the partnership or the sole proprietorship. Unlike in the case of the corporation, the owner is liable for the debts and obligations of the business.

The differences between the available business forms can be very important in certain business fields.

6

Documents for Company Incorporation in Malaysia

Malaysian companies are registered with the Companies Commission. The documents required for registration include:

• the articles of association;• proof of the approved trade name;• director’s statutory declaration;• identification documents for the company

directors and secretary.

7

Start-up Costs in Malaysia

The business start-up costs in Malaysia include a number of expenses, including:

• company registration fee and stamp fee;• the authorized share capital (varying

according to the type of company);• costs associated with drawing up the

company documents;• notary costs;• office rent and equipment costs.

8

Special Permits for Malaysian Companies

Companies in Malaysia need to obtain additional special permits and licenses, apart from their business license.

These special permits are issued for activities performed in areas like import and export, education, tourism, manufacturing, constructions, banking and others.

9

Corporate Compliance in Malaysia

Apart from the registration and licensing requirements, companies in Malaysia must observe the provisions for annual reporting and corporate taxation.

Companies are taxed on the profits derived from the country. The double tax treaties concluded with other countries provide a certain level of tax relief.

10

Assistance for Company Incorporation in Malaysia

Investors have the option of requesting legal aid when drawing up the company documents or applying for special trade and business licenses.

You can contact our Malaysian lawyers for complete assistance during the company set up procedures.

11

Thank you for your attention!

For more information please contact us at:

 (+44) 203-287 0408 (for international clients)office@lawofficemalaysia.com

http://www.lawofficemalaysia.com