Establish Companies in Malaysia

There are many reasons to establish a company in Malaysia. The country offers a pro-business environment, a skilled workforce, and a strategic location. Additionally, the process of setting up a company in Malaysia is relatively straightforward.

The first step in establishing a company in Malaysia is to choose a business structure. The most common structure for foreign-owned businesses is a private limited company. This type of company must have at least two shareholders and a paid-up capital of at least RM2,000.

Once the business structure has been chosen, the next step is to register the company with the Companies Commission of Malaysia (SSM). This can be done online or in person. The SSM will issue a Certificate of Incorporation, which is required to open a bank account and apply for business licenses.

After the company is registered, the next step is to obtain the necessary business licenses. The type of license required will depend on the nature of the business. For example, companies engaged in manufacturing will need to apply for a Manufacturing License from the Ministry of International Trade and Industry.

Once the company is registered and licensed, the next step is to open a bank account. This can be done at any major bank in Malaysia. The account