To Run Companies in Malaysia
There are several ways to run companies in Malaysia. The most common way is to have a local partner who owns at least 51% of the company. This partner can be an individual or another company. The local partner is responsible for managing the company and its operations.
Another way to run a company in Malaysia is to set up a representative office. This is suitable for companies that want to establish a presence in the country but don’t want to engage in commercial activity. A representative office can’t generate income and can only undertake activities such as market research and promotion.
Finally, companies can also set up a branch office in Malaysia. This is similar to a representative office but can engage in commercial activity. Branch offices are required to have a local manager and must submit audited financial statements to the Malaysian authorities.
Another way to run a company in Malaysia is to set up a representative office. This is suitable for companies that want to establish a presence in the country but don’t want to engage in commercial activity. A representative office can’t generate income and can only undertake activities such as market research and promotion.
Finally, companies can also set up a branch office in Malaysia. This is similar to a representative office but can engage in commercial activity. Branch offices are required to have a local manager and must submit audited financial statements to the Malaysian authorities.
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