Comments on: Setting Up A Business In Malaysia For Foreigners http://onlinebusinessmalaysia.com/starting-a-business/setting-up-a-business-in-malaysia-for-foreigners/ How To Start An Internet Business From Anywhere. Even Malaysia! Thu, 22 Sep 2011 03:58:41 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Muhammad Imran http://onlinebusinessmalaysia.com/starting-a-business/setting-up-a-business-in-malaysia-for-foreigners/comment-page-1/#comment-39125 Muhammad Imran Tue, 17 May 2011 04:43:45 +0000 http://onlinebusinessmalaysia.com/?p=1572#comment-39125 Hi Mia, I have visited the website (www.qadkam.com) suggested by you to incorporate the company. Even I have visited them and consulted them. They are really perfect Consultants. They have made whole process very simple. Just in 3 days..I have registered my 100% Foreign owned company through QADKAM Sdn Bhd. They even showed the CASH Paid up capital to incorporate my company. Now I also have got the local council license (MPAJ) through this company and will apply my Director Work permit in next week. I am very thankful to you for refering me to a website that really helped me to get my company registered in just 3 days. Hi Mia,
I have visited the website (www.qadkam.com) suggested by you to incorporate the company. Even I have visited them and consulted them. They are really perfect Consultants. They have made whole process very simple. Just in 3 days..I have registered my 100% Foreign owned company through QADKAM Sdn Bhd. They even showed the CASH Paid up capital to incorporate my company. Now I also have got the local council license (MPAJ) through this company and will apply my Director Work permit in next week. I am very thankful to you for refering me to a website that really helped me to get my company registered in just 3 days.

]]> By: Muneer http://onlinebusinessmalaysia.com/starting-a-business/setting-up-a-business-in-malaysia-for-foreigners/comment-page-1/#comment-37443 Muneer Thu, 28 Apr 2011 02:34:10 +0000 http://onlinebusinessmalaysia.com/?p=1572#comment-37443 To Aida Natasha, Do you have a good company secretary?? we are also having trouble starting up business, in our case, we stumbled against employment visa issues & I couldn't open my company if I did not have employment visa in Malaysia. I asked how can you have an employment visa if you don't have a company set up yet !!?? it was just going in a circle.... As for the comments from Dennis, 500k is surprising, we are told 350k for foreigners,,,still, this is high amount... Thanks, To Aida Natasha,

Do you have a good company secretary?? we are also having trouble starting up business, in our case, we stumbled against employment visa issues & I couldn’t open my company if I did not have employment visa in Malaysia. I asked how can you have an employment visa if you don’t have a company set up yet !!?? it was just going in a circle….
As for the comments from Dennis, 500k is surprising, we are told 350k for foreigners,,,still, this is high amount…
Thanks,

]]> By: mia http://onlinebusinessmalaysia.com/starting-a-business/setting-up-a-business-in-malaysia-for-foreigners/comment-page-1/#comment-34770 mia Tue, 29 Mar 2011 10:06:23 +0000 http://onlinebusinessmalaysia.com/?p=1572#comment-34770 Hi, I just review this 2 website that giving information about incorporate company in Malaysia. U can see the website in www.malaysianoffice.com and www.qadkam.com. U can get some informative idea about incorporate company in Malaysia from the web. Hi,

I just review this 2 website that giving information about incorporate company in Malaysia. U can see the website in http://www.malaysianoffice.com and http://www.qadkam.com. U can get some informative idea about incorporate company in Malaysia from the web.

]]> By: aida natasha http://onlinebusinessmalaysia.com/starting-a-business/setting-up-a-business-in-malaysia-for-foreigners/comment-page-1/#comment-31889 aida natasha Tue, 01 Mar 2011 12:33:34 +0000 http://onlinebusinessmalaysia.com/?p=1572#comment-31889 excuse me, malaysian government is not harsh but just being strict in certain matters especially in matters that concern the economy so, just accept the terms or get a very good company secretary for advice excuse me,
malaysian government is not harsh but just being strict in certain matters
especially in matters that concern the economy
so, just accept the terms or get a very good company secretary for advice

]]> By: HAMID http://onlinebusinessmalaysia.com/starting-a-business/setting-up-a-business-in-malaysia-for-foreigners/comment-page-1/#comment-29784 HAMID Sun, 13 Feb 2011 20:55:20 +0000 http://onlinebusinessmalaysia.com/?p=1572#comment-29784 HI THERE, I AM CURRENTLY DOING MY STUDEIS IN MALAYSIA, I WONDER IF IT IS POSSIBLE TO SET UP A COMPANY IN MALAYSIA AND EXPORT GOODS FROM HERE WORLDWIDE. COULD YOU PLEASE GIVE THE INFORMATION ABOUT AND THE COSTS FOR ME. TNX. HI THERE, I AM CURRENTLY DOING MY STUDEIS IN MALAYSIA, I WONDER IF IT IS POSSIBLE TO SET UP A COMPANY IN MALAYSIA AND EXPORT GOODS FROM HERE WORLDWIDE.

COULD YOU PLEASE GIVE THE INFORMATION ABOUT AND THE COSTS FOR ME.

TNX.

]]> By: Gary Wong http://onlinebusinessmalaysia.com/starting-a-business/setting-up-a-business-in-malaysia-for-foreigners/comment-page-1/#comment-27849 Gary Wong Wed, 26 Jan 2011 05:06:34 +0000 http://onlinebusinessmalaysia.com/?p=1572#comment-27849 The best option for foreigners to setup a Malaysian business is to setup a Labuan Company. Minimum Requirement : 1. One same director 2. One same shareholder You have 100% control over the Malaysian business Maximum Tax : 1. Business nature (trading) : Maximum Tax RM 20,000 + No audit 2. Business nature (non trading) : Zero Tax See more : http://LabuanTax.com :-) The best option for foreigners to setup a Malaysian business is to setup a Labuan Company.

Minimum Requirement :
1. One same director
2. One same shareholder
You have 100% control over the Malaysian business

Maximum Tax :
1. Business nature (trading) : Maximum Tax RM 20,000 + No audit
2. Business nature (non trading) : Zero Tax

See more : http://LabuanTax.com :-)

]]> By: William http://onlinebusinessmalaysia.com/starting-a-business/setting-up-a-business-in-malaysia-for-foreigners/comment-page-1/#comment-15590 William Mon, 05 Jul 2010 10:45:52 +0000 http://onlinebusinessmalaysia.com/?p=1572#comment-15590 Hi Denis! Thanks for the information, had no idea that the Malaysian goverment was so harsh on foreign owned businesses (although I'm not surprised). The information that I gave above was provided by a company secratary that I know, but I'm also not surprised that they left out those details... After all, they make a hefty service charge for every business they incorporate. Thanks for sharing with my readers, but I think your comment was cut off at the end :( Hi Denis!

Thanks for the information, had no idea that the Malaysian goverment was so harsh on foreign owned businesses (although I’m not surprised).

The information that I gave above was provided by a company secratary that I know, but I’m also not surprised that they left out those details… After all, they make a hefty service charge for every business they incorporate.

Thanks for sharing with my readers, but I think your comment was cut off at the end :(

]]> By: Denis http://onlinebusinessmalaysia.com/starting-a-business/setting-up-a-business-in-malaysia-for-foreigners/comment-page-1/#comment-15588 Denis Mon, 05 Jul 2010 10:37:44 +0000 http://onlinebusinessmalaysia.com/?p=1572#comment-15588 For a foreigner the cons of starting a sdn bhp are slightly worse than stated. One of the key things that entrepreneurs are interested in is control. In Malaysia if you are a foreigner control comes as a huge cost. A 100% foreign owned sdn bhd has to have RM500k of paid up capital. This is either a requirement of Bank Negara or CCM. Now this is one of the many requirements that the Malaysian government imposes on foreign investors in order to 'help' grow the Malaysian economy. However it is totally counter productive. In a lot of cases RM500k is a totally inappropriate amount of capital to invest in a small startup - and taking Malaysian partners begs the question - what for? So th result is lots of small foreign owned startups do not start up in Malaysia and they are the major source of job generation. I did have a company in Malaysia. I was badly advised by my corporate secretary and as a result got into the position where i had to capitalize the company as required by CCM. After some disucssion we closed the company and 6 Malaysians lost their jobs as the roi that we were looking for could not be achieved by having so much spare cash sloshing around inside the company. I've also recently started up a new tech company - but in thus case we For a foreigner the cons of starting a sdn bhp are slightly worse than stated. One of the key things that entrepreneurs are interested in is control. In Malaysia if you are a foreigner control comes as a huge cost.

A 100% foreign owned sdn bhd has to have RM500k of paid up capital. This is either a requirement of Bank Negara or CCM.

Now this is one of the many requirements that the Malaysian government imposes on foreign investors in order to ‘help’ grow the Malaysian economy.

However it is totally counter productive. In a lot of cases RM500k is a totally inappropriate amount of capital to invest in a small startup – and taking Malaysian partners begs the question – what for?

So th result is lots of small foreign owned startups do not start up in Malaysia and they are the major source of job generation.

I did have a company in Malaysia. I was badly advised by my corporate secretary and as a result got into the position where i had to capitalize the company as required by CCM. After some disucssion we closed the company and 6 Malaysians lost their jobs as the roi that we were looking for could not be achieved by having so much spare cash sloshing around inside the company.

I’ve also recently started up a new tech company – but in thus case we

]]>