Process of registering a company in Malaysia

1. Confirm the company's directors and shareholders

The time required is estimated to be 1-2 working days

2. Determine the company's registered name

The time required is estimated to be 1-2 working days

3. Sign the company registration application documents

The time required is estimated to be 1-2 working days

4. Submit the company registration application to the Malaysian Company Registration Committee SSM

The time required is estimated to be 1-2 working days

5. The company is successfully registered

All shareholders meet with directors and explain all the laws related to company laws, accounting, income tax, sales tax, service tax, and employees, and request all company registration documents and bank account opening documents. .

The time required is estimated to be 7-15 working days

Conditions for registering a company in Malaysia

1. The company has at least two shareholders/directors;

2. The minimum paid-in capital of the enterprise is 2 Malaysian ringgits (or 2 US dollars);

3. A local registered address in Malaysia is required.

Generally speaking, companies registered in Malaysia will choose to register in Labuan Island, because Labuan Island is Malaysia's offshore center. Companies registered in Labuan Island can rent office space in Malaysia, obtain Malaysian work visas, and open corporate bank accounts in Malaysia.

However, companies registered in Labuan Island cannot trade or engage in business activities in Malaysia through Malaysian Ringgit.