The quickest and most efficient way to register a company in Malaysia

Malaysia is a wonderful nation, full of natural beauty where many cultures intertwine to offer an enjoyable environment to live in. It attracts millions of visitors each year, which might include among its number those who wish to set up business there.

There’s much to commend it to startup and existing companies, or entrepreneurs looking for a new opportunity. Not least is the attraction of being able to own and operate 100% of a company as a foreigner, which isn’t the case in many nearby countries. Settling down or even visiting to enjoy the tropical climate while overseeing operations is richly enticing, but it is important before anything else to apply for company registration.

There are many tales from around the globe of those with big ideas coming unstuck because they haven’t carried out the necessary research and have failed to understand local business law and its regulations. However, there is no need for such inconveniences if using the expert advice of a team of experienced professionals who will guide any concern through the process quickly and efficiently. As not many countries have the same tax and business stipulations as another, it can take a lot of time to research such information properly. Those hours can be saved by outsourcing the task.

There are some strict rules in certain businesses in Malaysia, which is where things can become tricky for the uninitiated. The process will start with the helping hands carrying out a name search to ensure that it is legal and is not already taken by someone else. A draft and submission will be made to the Companies Commission of Malaysia (SSM) after approval of the company name has been received. The paperwork and application will be accurate offering the best chance of it being dealt with and approved quickly. In the meantime, those waiting might check out some check out some statistical standouts from ICC Men’s T20 World Cups.

Before long a certificate from the SSM will be received, as trading as a company can commence, but not before other things have been put in place if the venture is to be successful. It’s important to have firm foundations in place, which is where the same team that have dealt with the registration can also help with different packages depending on which structure is suitable. Ensuring compliance is met is important and ensured while arranging a representative office.

A private limited company is often the preferred option as it offers limited liability if things don’t go according to plan once in business. It is a reputable structure which is unrestricted in its activities. An alternative is expanding a foreign head office to Malaysia. A resident agent is required for this, which can be provided when working with a local team who can maybe arrange a visit to a museum. It carries non-resident tax status. 

Setting up a company in Malaysia offers many attractions. Getting set up quickly and efficiently is best done by working with professionals who will organise its registration.