Advantages of Malaysian Companies
Strategic Location: Connected to major Asian markets Multicultural Environment: Facilitates international business operations Well-established Legal System: Provides legal protection for businesses Competitive Operating Costs: Cost advantages compared to other countries Modern Infrastructure: Comprehensive business facilitiesMalaysian Company Registration Requirements
Company Structure Requirements
- Minimum 1 director (must have 1 director residing in Malaysia)
- Minimum 1 shareholder (can be individual or company)
- Appointment of local company secretary (must hold recognized professional license)
- Must have a registered office address in Malaysia
- Minimum paid-up capital of RM 3,000
Required Documents
- Complete company registration application form
- Directors’ and shareholders’ identification documents (certified by accountant)
- 3-month valid proof of address (certified by accountant)
*All documents must be provided in English
One-Stop Company Registration Services
Basic Services Include
Company Registration Process:
- Company name search service
- Registration procedure handling
Basic Package Services:
- First year registered address
- First year company secretary service
- Complete company kit (company seal, share certificates, various registers, etc.)
Value-Added Service Options
- Bank account opening referral
- Nominee director service
Tax Information
Corporate Tax:- Standard rate: 24%
- SME preferential tax rates:
- First RM 600,000 taxable income: 17%
- Above RM 600,000: 24%
Personal Income Tax:
- Progressive tax rate system, ranging from 1-30%
- Foreign citizens tax rate: flat 30%
Import Tax
- Rates vary by product category, generally between 0-50%
- Special items (like alcohol, tobacco) may have higher rates
- Preferential rates for ASEAN member countries
- Some essential items are exempt from import tax
Export Tax
- Most products are exempt from export tax
Mainly applies to raw materials:
- Crude oil: 10%
- Palm oil: Related products 3-8%
- Timber and related products: 0-20%
- Export tax on certain strategic resources to ensure domestic supply
- Export tax rates adjust according to international market prices