Business Setup Worldwide is a platform that helps you start your business. We make it easy to set up your business in Malaysia with services such as embedding, registering and licensing.
We are a basic foundation with your business objectives at the heart of our operations. We specialize in business-oriented support activities in the face of the ever-changing global executive environment. We pride ourselves on our ability to adapt to the market and develop innovative strategies to help companies with their vision.
Business Setup Worldwide’s own business design techniques, combined with its industry expertise and global reach, enable companies to anticipate changes in customer priorities and the competitive environment, then to design their businesses and improve operations to take advantage of the opportunities created. of these changes.
COMPANY INCORPORATION IN MALAYSIA
A Malaysian company can be incorporated as one of the following types of business entities.
Unique property: Only one business entity with exclusive property in Malaysia is owned by only one person, as its liability is unlimited. This implies that, if the business fails or is declared bankrupt, creditors can sue the sole owner of the owner for all debts owed to the respective traders. Personal assets, personal income and employment income are all responsible. It is the simplest and most expensive to incorporate.
Partnership: A partnership is an extended form of exclusive ownership, with the difference that a partnership has 2 to 20 members – compared to only 1 in a single property. This form of company is generally set up for professional firms, such as lawyers and auditors.
Private Limited Company: A private equity company also known as Sendirian Berhad Malaysia (Sdn Bhd), is a company that does not extend any invitation to the public to subscribe to any of its shares, to deposit money to the company for investments or subscriptions. The number of members of a Sendirian Berhad can vary from 2 to 50.
Joint-stock company: A joint-stock company, regionally called Berhad (Bhd), is similar to a private joint-stock company, except that it can offer its public shares and has more than 50 members. Although not necessarily so, Berhads are usually listed companies. A Berhad is governed by the Malaysian Securities Commission. Large companies prefer to go with a Berhad.
International Trading Company: An international trading company, also known as Labuan, is a provision for entrepreneurs who want to trade only with overseas customers. It is registered with the Labuan International Business and Finance Center and, unlike other business entities, does not require the appointment of a resident director. A Labuan company enjoys considerable tax exemptions.
Bumiputera Company: A Bumiputera company is essentially a limited liability company, whose at least 30% of the shares are owned by Malaysian residents or other Bumiputera companies. Such a company is eligible for special grants and incentives, such as discounts on the purchase or rental of land, less expensive business licenses, special banking agreements, etc.
Branch: a foreign corporation can set up its branch in Malaysia. Such an office may engage in commercial activities that involve invoicing, signing the contract or trade and is required to appoint 2 representatives resident in Malaysia.
Representation: A representative office is only allowed to conduct market research or promote the activity of its parent company. It is not authorized to conduct business or to sign contracts in Malaysia. It is not subject to corporate income tax.
Free zone company: a free zone company or an export processing zone (EPZ) company, is a company from a Malaysian EPZ, which generally aims to maximize the value of the export.
