Organising Companies in Malaysia

Organising companies in Malaysia can be a complex and time-consuming process, particularly if you are unfamiliar with the country's business landscape. There are a number of things to consider when setting up a company in Malaysia, from the type of business entity to the required licences and permits.

One of the first decisions you will need to make is the legal structure of your company. The most common type of business entity in Malaysia is a private limited company, which offers limited liability protection to its shareholders. To set up a private limited company, you will need to register with the Companies Commission of Malaysia (SSM).

Once you have registered your company, you will need to obtain the relevant licences and permits required to operate your business. Depending on the nature of your business, you may need to apply for a licence from the Malaysian Investment Development Authority (MIDA) or the Malaysian Industrial Development Authority (MIDA).

After you have obtained the necessary licences and permits, you will need to open a bank account in Malaysia. Most banks in Malaysia require that you have a company registration number and a business licence before they will open an account for you.

Once you have a bank account, you will need to apply for a work visa for any foreign employees