Setting up a business in Malaysia can be a complex process, especially for foreign investors unfamiliar with local regulations.
ATA Outsourcing Malaysia simplify this process, providing comprehensive support to ensure a smooth and successful registration. Whether you’re an entrepreneur, a foreign investor, or an established company, we are here to guide you every step of the way.
The most popular choice for both local and foreign entrepreneurs, this option provides limited liability to shareholders and supports 100% foreign ownership in most sectors. It facilitates the issuance of work visas for international employees, requires a minimum paid-up capital starting at RM1, and mandates at least one director and one shareholder, making it a flexible and straightforward structure for businesses entering the Malaysian market.
Ideal for foreign companies conducting market research, this option is fully controlled by the parent company. Restricted to non-commercial activities, it cannot generate income and requires approval from the Malaysian government. With no minimum paid-up capital required, it offers a cost-effective way to explore opportunities. Granted for a specific time frame, it also provides renewal options for added flexibility.
Ideal for companies with established international operations, this option enables businesses to extend operations to Malaysia. Activities must align with and mirror those of the parent company and require a Resident Agent to represent the branch locally. Subject to Malaysian regulatory compliance, it operates as a non-resident entity for tax purposes, providing a straightforward way to expand regionally.
Starting a company in Malaysia as a foreigner involves several key steps and considerations. The process depends on the type of company you want to establish and your business goals. With ATA Outsourcing Malaysia, navigating this journey becomes seamless and hassel-free.
✅ Select a business structure that aligns with your business goals and strategies.
✅ Conduct a name availability search with the Companies Commission of Malaysia (SSM) to ensure the chosen name is unique and acceptable.
✅ Prepare the necessary documentation, including identity proofs of directors and shareholders, the Company Constitution (optional for Sdn. Bhd.), and the Declaration of Compliance.
✅ Submit all necessary documents, including the approved company name, Declaration of Compliance (Section 201), and identity documents of directors and shareholders.
✅ Upon approval, receive the Certificate of Incorporation to officially establish the company in Malaysia.
✅ Open a corporate bank account with a local or international bank to manage financial transactions and meet regulatory requirements.
✅ Obtain the required business licenses, including general and industry-specific approvals, based on business activities.
✅ Register with the Inland Revenue Board of Malaysia (LHDN) for taxation and enrol in employee welfare schemes such as the Employees Provident Fund (EPF) and Social Security Organisation (SOCSO).
✅ Apply for work permits and visas for foreign directors and employees by submitting required documents, such as the Certificate of Incorporation, company profile, paid-up capital details, and employment contracts, through the Expatriate Services Division (ESD) or the Immigration Department of Malaysia.
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