Malaysia Business Start-up Service
Hotline: 86-755-82143348, Email:anitayao@citilinkia.com
A Representative Office/Regional Office of a foreign company based in Malaysia performs permissible activities for its headquarters/principal. Such offices should be totally funded from sources outside Malaysia and are not required to be incorporated or be registered with the Companies Commission of Malaysia (SSM) under the Companies Act 1965.
Malaysia Corporate Formation-Representative Office
An approved representative office collects relevant information regarding investment and business opportunities to develop bilateral trade relations and promote the export of Malaysian goods and products.
Malaysia Corporate Formation-Regional Office
An approved regional office serves as the coordination centre for its affiliates, subsidiaries and agents within the Asia Pacific region. It is responsible for conducting designated activities within the region it operates.The approval for the establishment of representative/regional offices and expatriate employment is valid for a period of two years and is renewable.
Malaysia Representative & Regional Office Setup-Activities Allowed
An approved representative office/regional office is allowed to carry out the following activities:
• Plan or coordinate business activities
• Gather and analyse information or undertake feasibility studies on investment and business opportunities in Malaysia and the region
• Identify sources of raw materials, components or other industrial products
• Undertake research and product development
• Act as a coordination centre for the corporation's affiliates, subsidiaries and agents in the region
Malaysia Representative & Regional Office Setup-Activities Not Allowed
An approved representative office/regional office is not allowed to carry out the following activities:
• Engage in any trading (including import and export), business or any form of commercial activity
• Lease warehousing facilities; any shipment/transhipment or storage of goods must be carried out through a local agent or distributor
• Sign business contracts on behalf of the foreign corporation or provide services for a fee
• Participate in the daily management of any of its subsidiaries, affiliates or branches in Malaysia
• Conduct any business transaction or derive income from its operations
Malaysia Representative & Regional Office Setup-Equity Requirements
As representative/regional offices do not have issued capital in Malaysia, they are not subject to any equity condition.
Malaysia Representative & Regional Office Setup-Incentives
Expatriates working in regional offices are taxed only on the portion of their chargeable income attributable to the numbers of days that they are in Malaysia.
Malaysia Representative & Regional Office Setup-Expatriate Employment
An approved representative/regional office is allowed to employ expatriates at the managerial and technical level.
Applications for the establishment of representative/regional offices and expatriate posts should be submitted to MIDA.
Upon approval of expatriate posts, companies should forward their applications for Employment Passes to the Immigration Department for endorsement.
The difference between a private limited company and a representative office are:
• Cheaper & easier to set up
• Cheaper to maintain yearly.
• Yearly submission of financial statements to Government authority Cannot formally do trading or conduct business transactions; can only market services and products
• Work permit can be obtained without any limitations for share capital
• Set-up valid for maximum of 5 years after which you will have to set up a local Pte. Ltd. Company
Malaysia Representative & Regional Office Setup-ATAHK Promises
We will guarantee the authenticity of the documents and certificate that you get from us. ATA would take the responsibility and make amends.
Why Choose ATAHK
ATAHK had an abundant experience with company / business set up and also with a healthy co-operative platform between SMEs, ATAHK can provide you all direction services which can help you to extend your international business
Contact Us
For any enquiries, please do not hesitate to contact us, Malaysia hotline:603-2141 8908,Fax:603-21418909; Email: tannetcom88@gmail.com; Website: www.3737580.net .