Malaysia Company Set Up Introduction
Being ranked as the top 6th country in the world as the easiest and most friendliness in doing business by the World Bank, this proof that Malaysia is truly on track on its economy transformation and bale to poise a place of investment welcoming foreigners! Strategic location, stability, affordable living with abundance of business investment opportunities in Malaysia promoted the demand of setting up companies in Malaysia.
At Exotic Group, we understand the challenges and hurdles of starting a business, we are pleased to support your business. Nothing is happier than knowing we are able to help SME in facing all the difficulties during their start-ups and grow together with them.
To prove that we are indeed a reliable accounting firm service provider, we offer our customers a comprehensive and cost-effective end-to-end one-stop solution services.
Company set up services that are available in Exotic Group of Companies are as follows:
- Malaysia Company Incorporation Services
- Why you should consider our Company Incorporation Package
- Malaysia Company Registration Packages
- Nominee Director Services
- Business License Application
- Guide for Opening Corporate Bank Account
- MSC Malaysia Status Application
- Labuan Company Setup
Malaysia Company Incorporation Services
Our specialist, Exotic Secretarial Solutions PLT, could help you to register your new company in Malaysia, with promise no hidden costs and any additional cost is on the ad-hoc basis task. In order to enjoy this promotional price, you are required to take up our Secretarial Services Package. We believe that you can find this attractive package in nowhere else, but only with us, Exotic Group of Companies!
Based on our specialist’s past experiences on registering company with SSM, the entire incorporation process will take 5-7 days. According to Exotic Secretarial Solutions PLT track record, we are able to register a company within 1 working day from that directors and shareholders sign the incorporation documents at Exotic office.
Why you should consider our Company Incorporation Package
Incorporating a business in Malaysia has never been such hassle-free when you engage Exotic Secretarial Solutions’s incorporation package. We do provides customers with the most comprehensive incorporation package in the market. You can even set up your company in a fast and simple way electronically.
Malaysia Company Registration Packages
As mentioned earlier, at Exotic Secretarial Solutions PLT, we are able to register a company within 1 working day from that directors and shareholders sign the incorporation documents at our office. It is our mission to provide Exotic service to our customers, which are Efficient, Xceed expectations, One-Stop Solutions, Trusted brand, Independent opinion and a Cost efficient!
At Exotic Secretarial, we understand how important your time is in starting a business. Therefore, our team of experienced and qualified expertise is just one call away to help you. We are providing various options to meet your need accordingly. For more information, please do not hesitate to check out more on our page.
Nominee Director Services
All Companies are required to have at least one director who has his principal or only place of residence within Malaysia. Through the SSM, Malaysian company details are available for public viewing including shareholders and directors, date of incorporation, share capital and registered address.
At Exotic Group, we are currently providing our Nominee Director Service at fair price. We will offer you a lower security deposit at RM4,500 for a director, only if the company is in good standing based on a detailed company search. We will perform the search free of charge. You, as the principal, must satisfy our initial Know Your Customer (KYC) requirements.
Business License Application
To set up company in Malaysia, there are a few licenses that you have to apply before you start your business, including business premises license, employment agency license, wholesale retail trade (WRT) license, publishing permit license and printing machine license.
The requirements for the application of Business Premises License and signboard license may vary according to each local authority. Exotic Business could help you to apply for the business premises license from respective State Authorities.
Apart from that, before the commencement of business, all companies that is operating as private employment agency is required to obtain Employment Agency License from the Ministry of Human resources Malaysia.
WRT license is applicable for foreign owned company (more than 50%) only. Businesses such as retail, trading (import and export), distributive trades, restaurants, franchise business and services and consultancy are required to obtain license for the Ministry of Trade Cooperative and Consumerism Malaysia.
As for anyone who prints periodicals or imports, publishes, sells, circulates or distributes whatever periodicals in Malaysia must obtain Publishing Permit from the Ministry of Home Affairs.
In addition, companies printing over 1,000 impressions per hour for business publication/printing is required to apply for Printing Machine License from Ministry of Home Affairs.
Guide for Opening Corporate Bank Account
We at Exotic Group, as an expert in setting up companies in Malaysia and assisting in bank account opening, we have good track records in assisting plenty of foreign clients to open company bank accounts successfully.
MSC Malaysia Status Application
By getting MSC Status for your company, you will be able to enjoy the following benefits, including Pioneer Status (PS), Investment Tax Allowance (ITA), Duty Free Importation and Foreign Knowledge Workers. Our affiliated partner is an expert of MSC Malaysia Status application. We cover the entire process of the MSC application right up to the final stages of the Approval Committee’s decision.
Labuan Company Setup
A Labuan company is an excellent business entity incorporated in a low tax jurisdiction. One of the great things about doing business on this tiny island is, all companies can secure Malaysia employment visas for staff. What’s more, Labuan was set up as an international offshore financial and banking centre 26 years ago. Malaysia has a tax haven on Labuan island, offering corporate tax rates as low as 3 percent.