Malaysia Company Set up

Malaysia Company Set up Service
Hotline: 86-755-82143348 Email: 2355725105@qq.com

Malaysia Company Set up can be divided into onshore and Labuan offshore company. ATAHK provides the following instructions to allow all investors to have a better understanding on investment environment in Malaysia and procedures of Malaysia company set up.

Malaysia Company Set up - Types of Malaysia Company
Malaysia Company Set Up is divided into 2 types: Local companies and Labuan offshore companies. Local companies in Malaysia exist in entity form, in which investors can choose between field operation and virtual office. In contrast, Labuan company formation has a flat tax rate system.

Malaysia Company Set up - Malaysia Company Name
Malaysia Company Name can be registered in English or Malay, usually ends with “SDN. BHD”. SDN is the abbreviation for Sendirian, meaning private whereas BHD is the abbreviation for Berhad, meaning limited. SDN. BHD refers to “Private Limited” whereas Berhad generally refers to “Public Limited Company”. In Malaysia, companies are generally registered in the form of enterprise, partnership or private limited company. Private limited company is the most common form among all, for instance, ATAHK (MALAYSIA) SDN. BHD.

Malaysia Company Set up - Authorized capital
A private limited company in Malaysia must have a minimum authorized capital and paid-up capital of RM400, 000 and RM2 respectively. Paid-up capital may differ with scope of business, therefore entrepreneurs can place the paid-up capital in phases based on actual operating conditions.

Malaysia Company Set up -Appointment of shareholders and directors
Each company must provide two (2) or more shareholders; shareholders can be the directors at the same time. Shareholders do not have nationality restrictions; each company must have a minimum of two (2) directors, being a natural person with their principal place of residence in Malaysia or foreigners who hold a visa in Malaysia for more than 6 months. ATAHK can assist on coordination and provide local directors if necessary, specifically Chinese directors with good financial position and professionals.

Malaysia Company Set up - Required Documents

English name of the Malaysia Company, personal data of all the shareholders and directors (Identification card or passport and address), authorized capital and the shares allocation, articles of association, purpose of company formation and main projects.
(All documents must be translated in English or Malay)
For more information on document translation service, please refer to Malaysia Document Translation Service.

Malaysia Company Set up - Procedures
Filling the application form → sign an agreement → make the payment → company name search → signing of documents at Malaysia → complete the procedure at government departments → receive full set company information → opening of company bank account

Malaysia Company Set up - Timeline
When the required documents are ready, it would take approximately 20 working days to complete the Malaysia Company set up procedures. If the applicant comes directly to Malaysia to complete the set up procedure, it would only take 7 working days.

Malaysia Company Set up - Service contents
One set of certificate, seal, three articles of association, appointment document of shareholders and directors.
 

Malaysia Company Set up - Service fees and payment method
Full payment in advance by Cash, cash transfer, telegraphic transfer, cheque and bank draft to the ATAHK stated bank accounts in Malaysia, Hong Kong and China.

Malaysia Company Set up - Corporate Bank Account Opening
Bank account opening can only be done after the completion of the Malaysia Company set up. Malaysia private limited company will be able to open a bank account at certain banks, for examples, OCBC Bank and ICBC Bank. ATAHK has unique advantages in opening bank account for our clients, which includes recommendation for bank, preparation of account opening documents, preparation of meeting report and application letter for bank account opening, arrangement of introducer and follow-up services. Bank account opening requires RM5000 whereas private account opening depends on the bank condition and requires RM3000.

Malaysia Company Set up - Company Secretarial services
ATAHK can provide Malaysia Company with operating address, registered address as well as services such as call receiving, and fax and mail services.

Malaysia Company Set up - Annual filling requirements
Every company must update the company details and submit annual tax filing to the government before the deadline. All Malaysia Companies including dormant company must prepare the company account. ATAHK can provide our clients with accounting and tax services and charge accordingly.

Malaysia Company Set up - Working permit
The authorized and paid up capital of Malaysia Company must be at least 1 million ringgit for those companies that want to apply working permit for foreign workers. ATAHK can assist our clients to apply for the working permit.


Contact us
For any enquries, please do not hesitate to contact us,  Malaysia hotline：603-2141 8908，Fax：603-21418909; Hong Kong hotline: 852-27826888, Fax: 852-34262391; China hotline: 86-755-82143181, Fax: 86-755-82143182; Email: tannetcom88@gmail.com (Malaysia), Group website：www.3737580.net