Setting Up a Malaysian Company is easy like ABC!

Requirements for setting up a Sdn Bhd • Company name  • Business activities  • Registered office in Malaysia • Director who is at least 18 years old, not a convicted criminal during the last five years, not bankrupt, and either resides in Malaysia or holds any of the usable work visas • Shareholder • Corporate secretary who must be a member of any of the prescribed professional bodies, licensed by SSM, or both • Copy of all directors’ and shareholders’ Identification Card (IC) or passport 

For more comprehensive information regarding setting up a Sdn Bhd, do check out: https://www.paulhypepage.my/guide-faq/setting-up-a-sdn-bhd-company-in-malaysia/

Start your own Malaysia company today! Just do it! - Nike

The benefits of establishing a Holding Company in Malaysia & what activities are Holding Companies allowed to do? What is a Labuan Holding Company in Malaysia?

Why was the Sales and Services Tax (SST) introduced in Malaysia?

SST is made up of two separate taxes that apply to a narrower set of goods and services as compared to GST: 6% service tax on services provided in Malaysia (with a specific rate for credit/charged card) 10% sales tax, which will be charged on selected products and services.

How to Register a Company in Malaysia?

SSM (Suruhanjaya Syarikat Malaysia) is responsible to monitor and enforce compliance in the business and company registration process. If you are interested to launch a business in Malaysia, you must register your business with SSM and incorporate your company.

Tax clearance for expatriates in Malaysia

The Malaysian taxation structure is territorial-based. The only income that expatriates earn within Malaysia is subjected to income taxation. If the expatriate provides any professional service out of Malaysia, such income will not be taxed. He/she will not have to present clearance documents for these incomes too.

For more details, kindly refer to the following link : https://www.paulhypepage.my/guide-faq/tax-clearance-for-expatriates-in-malaysia/

Work Visas in Malaysia

Any foreigner who intends to live and work in Malaysia is required to possess one of the work visas which are valid in the country. Only those who have fulfilled all necessary criteria will be allowed to receive any of the three types of work visas issued by the Malaysian government.

How to Register a Company in Malaysia?

SSM (Suruhanjaya Syarikat Malaysia) is responsible to monitor and enforce compliance in the business and company registration process. If you are interested to launch a business in Malaysia, you must register your business with SSM and incorporate your company. Find more : https://www.paulhypepage.my/guide-faq/how-to-register-a-company-in-malaysia/

How expensive are corporate secretarial services in Malaysia in relation to those of other countries?

Any company which intends to make use of corporate secretarial services must pay an associated fee. In some countries, this fee is higher than in others. The total fee to be paid will also depend on the difficulty and importance of the service to be completed. In some countries, certain services are more expensive than in others. Malaysia’s corporate secretarial services are no different.

The perfect guide to starting a business in Malaysia as a foreigner

Looking for a foreign country to set up your business? Malaysia is arguably one of the best places a foreigner can conduct their business without fear of reprisals. Find more : https://www.paulhypepage.my/the-perfect-guide-to-starting-a-business-in-malaysia-as-a-foreigner/

How to Be Your Own Boss

Want to be your own boss? Or maybe run a business? Why not take the plunge and do it! It’s not as hard as you may think with the right strategies in place.

Both online and brick and mortar businesses must be registered with the SSM. You will need to submit a completed Business Registration Form (Form A). You will also need a copy of your identification card (or passport for foreigners), and prepare the necessary payment. The Malaysia company registration documents you will be required to prepare include:

The proposed name(s) of your company

Primary business activities

Copy of all directors and shareholders identification card or passport

Latest residential proof of address

Minimum paid up capital information

Percentage of shareholding for each shareholder involved

Besides the incorporation documents listed above, Malaysia company incorporation requirements include:

Having a minimum of one subscriber to the company’s shares (Section 14 CA)

Having a minimum of one resident director (Section 122)

Having at least one company secretary in Malaysia.

For further details, click this link : https://www.paulhypepage.my/what-do-i-need-to-have-before-registering-a-company-in-malaysia/

Looking for a foreign country to set up your business? Malaysia is arguably one of the best places a foreigner can conduct their business without fear of reprisals.

Paul Hype Page & Co. will give you more information and assistance on policy updates, compliance regulations and changes to tax conditions. 

Corporate tax in Malaysia. Our team of seasoned professional can also help you set up a company in Malaysia very quickly and easily following all legal entities, and offer you sound advice on how to make it successful too.   

Paul Hype Page Can Help Here, you will find detailed information about Malaysia’s Corporate Tax System. Paul Hype Page & Co helps companies with strategic tax planning, tax advisory, and accountancy services. 

• Malaysia Tax Planning 

• International Tax Planning IRB (Inland Revenue Board) governs Malaysia’s tax system, helps develop a stronger economy, better environment and a more vibrant economy. All companies, regardless of industry, have a legal duty to pay taxes. Malaysia attracts investments from around the world by reducing its corporate income tax rate and introducing different tax incentives. Malaysia has one of the lowest corporate tax rates in the world. As your company’s Tax agent , Paul Hype Page & Co Chartered Accountant  will be fully responsible for the practice of ensuring that these conditions are met. 

It is important that we be highly qualified and well versed in local regulations and corporate laws, as we are responsible for the upkeep of important company files, tax reports and tax records. 

 www.paulhypepage.my

Starting a business in Malaysia can be rewarding as well as challenging. The booming economy is an attraction for anyone seeking to tap into the 600 million strong ASEAN market. Malaysia is a top investment destination for a few reasons including few bureaucratic procedures and a low corporate tax rate.  However, if you are seeking to establish a company in Malaysia be prepared for competition from the vibrant business community.

For more information: 

https://www.paulhypepage.my/8-key-factors-to-a-successful-company-incorporation-in-malaysia/

aul Hype Page & Co – SSM service provider and Asean Chartered Accountant. Paul Hype Page & Co. have 3 physical offices in Singapore, Malaysia and Indonesia Our Firm Goal is to assist Foreigner and Foreign Companies to set up business in Asean. 

 How we can help you: 

Step 1- Listen to your Business plan and Relocation needs. 

Step 2- Analysis your Malaysia Tax Planning 

Step 3- Recommend the most suited type of Company Incorporation, Open Bank account and Work Visa 

Step 4- Arrange for your Spouse and Children Visa 

Step 5- Assist as your company to hire staffs and handle all HR matters 

Step 6- Every financial year end, we assist you with your yearly SSM Finanical and Tax Compliance 

Step 7- Assist you to expand business to Malaysia, Indonesia, Vietnam and Thailand. Get in Touch with Us Today. Paul Hype Page Website: www.paulhypepage.my

In 2018, the World Bank ranked Malaysia as one of the easiest places in the world to start a business. This is especially true for those who acquire the services of the company formation experts of  Paul Hype Page & Co.

All companies in Malaysia must be registered with the Companies Commission of Malaysia, known locally as Suruhanjaya Syarikat Malaysia (SSM). It is the statutory body responsible for overseeing and regulating corporate and business affairs.

Opening a company in Malaysia is a fairly straight forward process. This guide will specify all of the primary information related to the incorporation of a company in Malaysia.

For more details:

Requirements of Company Incorporation in Malaysia

How Can Setting Up a Malaysia Company Benefit Me?

When it comes to company incorporation, Malaysia offers a number of key benefits of Malaysia company and reasons to make the move. Every business needs to consider its unique needs and desired outcome, but for many, this move saves money, reduces regulation limitations, and encourages success. It could be just what your business needs to grow and flourish and avoid the fate that nearly 80 percent of all other businesses face – failure. Before you can make such a move, though, you need to take into consideration all that this move can do to benefits of Malaysia company. Take a look at some of the key benefits to relocating your business to Singapore or registering a new business in Malaysia. You may find these are some of the tough situations you are dealing with domestically right now.

Strong Economy

As Malaysia has a vast amount of natural resources such as minerals and fertile soils, its economy progress largely on areas such as agriculture and primary commodities. Over the last 40 years, Malaysia’s economy has progressed to be also strong in other areas such as manufacturing, exports spurred on by high technology, knowledge-based and capital-intensive industries.

Continuous Economic Growth

In 2007, as the global climate changes due to the persistently high in crude oil prices, inflationary pressures and monetary tightening resulting in higher interest rates that would in turn affect the overall growth fir the second half of the year. Malaysia remains unfazed and achieved a healthy growth rate for that particular year, given the nation’s diverse economic structure and strengthened domestic fundamentals. The country thrive in terms of external trade, having a low unemployment rate as well as strong international reserves and high national savings.

Supportive Government Policies

Many investors are attracted to Malaysia due to the government’s commitment to maintain a healthy business environment that gives companies an opportunity to profit or grow. This is done through the government’s constant efforts of obtaining feedback from the business community by using various channels such as regular government-private sector dialogues. These channels enable various people in the business community to voice out their opinions towards the government policies implemented and how to improve them.For all of these reasons, a business owner should consider starting a business in Malaysia. Doing so does not have to take long. The process is not invasive. It is also likely that businesses will find the process to be much more affordable than opening their business domestically. This alongside other benefits such as overall affordability and access to key talent makes this type of move a sensible one for most types of businesses. It is a good idea to talk about the specifics and the implications for your business with an expertise in international company formation.