Foreigner can Register New Company in Malaysia…
You can Register a new company in Malaysia in just RM1400 to RM2000 in less than 2 to 5 days. But such company will be having ONLY RM2 paid up capital. To apply work permit, your company MUST have PAID UP capital of RM1 million (for all lawful business activities).
QADKAM Worldwide is No.1 company registration licensed entity in Malaysia, a team of Malaysian Bar Council member Lawyers, Company Secretaries and Professional Immigration Consultants. The experienced and dynamic team can help you on your all needs related to Company Registration in Malaysia, Work Permit application FREE advise, Assistance in filling application for Local Council Licence, applying Fixed Phone Line under company name, finding local Malaysian staff for the company..indeed we assist the valued Foreigner clients from A to Z business relocation services from registering a company in Malaysia to assisting them finding a reasonable office on rent offering BEST guidelines/consultancy till startup of business in Malaysia.
Requirements to Register new Company in Malaysia for Foreigners If you are a Foreigner and want to start a business in Malaysia; Whatever business you want to start in Malaysia, first of all, you need to register a company in Malaysia. You can register a company in Malaysia in just RM1400 only. But such company will be having only RM2 cash (paid up capital) which is NOT entitled for Work Permits.
- RM 500,000, if the company is 100% Foreign owned (only for professionals i.e Accountants, Doctors, Engineers etc..)
- RM1 Million, if you want to do Trading/Import/Export/Restaurant/any Sales related business, suitable for any nationality
QADKAM has many clients from Australia, U.K, Middles East, Iran, India, Bangladesh and Pakistan who have registered their companies through QADKAM and have successfully received Work Permits including their dependents.
After company registration with RM1 Million Paid Up capital, you must have budget to arrange for an office with phone line and sign board license (PBT).
Please have in mind, Registration of Company and it’s Memorandum is “Key Document” in applying your work permit. So, if you register your company through such company secretary, who does not know about Immigration procedures, he may add such activities in your company’s Memorandum which may require many other licenses BEFORE applying work permit. And if you apply WITHOUT getting those licenses, your work permit application will be REJECTED. So, be careful while registering your company. Always get the professionals who understand Immigration matters more than company incorporation! Saving few hundreds may lead to a “Total Loss”. If you want to start a business which requires WRT license, then you will NOT be able to apply work permit until you get WRT license. If you apply work permit without getting WRT license, your work application will be rejected. To know more about WRT License, please CLICK HERE To Start the process of Company Registration in Malaysia, please click below;