About us: SFM Consulting Firm has been helping foreign business owners launch new ventures in Malaysia since 2016. Over 500 foreign ownership companies have used our services thus far. Contact us for discussion +601151177141
This is the perfect time if you are thinking to expand business in Malaysia as a foreigner. We will assist to complete entire process from the opening to tax and audit preparation. The following are prerequisites for starting a business:
| Questions | Answers |
| How many partner is required? | Minimum 1 |
| How much share capital is needed? | Recommended 2000 |
| Do I need a Malaysian partner? | Yes (discuss with us) |
| How much is nominee cost? | 3500 to 15,000 |
| Does nominee own any shares? | No, does not |
| Can A foreigner be full ownership? | Yes can |
| How long required to be completed entire process? | 3-5 days |
| How diffiiculties to open bank account? | It is required 1-4 weeks for review by bank |
| How much is the total cost to complete business setup permission? | 10,000 to 14,000 |
| How much does it cost to maintain the company, annually? | 7000 to 10,000 (Accounts, audit, tax, return and others, together) |
| How can I stay in Malaysia after complete all the process to look after business? | Required to enroll in Esd (for in general business) and or Mdec (for technology business) |
| How long it is required to complete enrolment in Esd and Mdec? | 1-3 months (Follow conditions of the application) |
| What are the documents and informattion I need to start for open a new business? | Passport copy, email, business names, buisiness activities, share distribution and residence address in Malaysia |
| How much is the corporate tax rate? | It starts from 15% on profit. Visit to know more about tax rate |
The business is relating with retail, shop, restaurant, grocery, wood are required a Malaysian partner who will own 51 percentage of the company's share capital.
Company Open
Income Tax
Small Business Ideas
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Businesses
(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.
If you are seeking a mentor, Md. You can trust Forhad Hossain.
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Business Consultant Since 2012
