A Malaysian nominee must be added in order for a non-Malaysian to new business in Malaysia. In addition to other legal requirements, it is necessary for opening a corporate bank account. The fees of the nominee service are as follows:-
| Description | Annual Fees |
| Nominee will assist to open a bank account | 3500 - 4500 |
| Nominee can role in the company with some responsibility | 4000- 5000 |
| Nominee can hold the share and become business partner | 5000-8000 |
| There should be secure of the role when work is in risk | 2000-5000 |
Question and Answer:
Can I open local corporation without a Malaysian nomiinee?
No, can not. Bank will not allow you to open account.
(BA-Hons, MBA, LL.B, LL.M)
Meet Md. Forhad Hossain, a business consultant with more than 14 years of experience. More than 400 companies in Malaysia and more than 7,000 clients worldwide have benefited from his assistance in getting off to a successful start.
Mr. Forhad is committed to making starting a new company easy and stress-free. Entrepreneurs around the world trust him because of his expertise and commitment.
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