Incorporate a Company in Malaysia

When deciding whether to incorporate a company in Malaysia, there are many factors to consider. Employment laws, immigration and residency regulations are some of the important issues for investors planning to incorporate a company in Malaysia. Healy Consultants provides efficient services for those setting up a company in Malaysia as well as support services once Malaysia business set up is complete. The following is an overview of the most important information regarding Malaysia business set up and how they may affect the decision to incorporate a company in Malaysia.

For investors planning to incorporate a company in Malaysia and hire staff, the minimum age for an IT position is 21 years, and for management posts is 27 years.

If an investor incorporates a company in Malaysia with a paid up capital of more than US$2 million, the Company can apply for five employment visas for foreign staff.

If you incorporate a company in Malaysia, the criteria for the employment of foreign labour by non-export orientated industries are:

Total sales of RM2 million (US$568,500) and above;

The Company's minimum paid-up capital is RM100,000 (US$28,430).

Citizens of Indonesia, Thailand, Cambodia, Nepal, Myanmar, Laos, Vietnam and The Philippines may be hired by a Malaysian Company engaged in the manufacturing, service, plantation and construction sectors.

If you incorporate a company in Malaysia active in the manufacturing, service and construction sectors, it is possible to hire citizens from Turkmenistan, Uzbekistan and Kazakhstan.

When planning to incorporate a company in Malaysia, note that non-Malaysian staff that reside in Malaysia only require Entry Permits and are exempt from applying for any other type of Pass.

When planning to incorporate a company in Malaysia, note that the Company must apply for Visit Passes should it wish to hire non-Malaysians for short-term projects.

Following the decision to incorporate a company in Malaysia, some of our Clients choose to apply for the Malaysia My Second Home programme. This scheme is an international residency programme allowing foreigners to live in the country on a long-stay visa of up to five years. Some features of the My Second Home programme include the following:

Applicants below 50 years of age must open a fixed deposit account in Malaysia of RM300,000 at any international bank with a local branch in Malaysia. A minimum balance of RM60,000 must be maintained from the second year onwards and throughout the applicant's stay in Malaysia under this programme.

Applicants 50 years old and above can either choose to open a fixed deposit account in Malaysia of RM150,000 at any international bank with a local branch, or show proof of monthly offshore income of at least RM10,000.

Approved participants and dependents must possess a valid medical insurance policy covering their stay in Malaysia.

With Healy Consultants, setting up a company in Malaysia is straightforward. Our transparent, logical engagement procedures ensure that setting up a company in Malaysia is efficient. The process to incorporate a company in Malaysia normally evolves as follows: 

Our Client settles our fees and signs Healy Consultants' engagement letter.

Healy Consultants provides our Clients who are setting up a company in Malaysia with a detailed engagement plan, outlining a roadmap for the upcoming Malaysia Company Set Up, thus minimising unwanted surprises and meeting Client expectations.

Healy Consultants' Incorporation Team legally completes Malaysia Company Set Up with the correct corporate structure, see also Malaysia company registration procedures.

Healy Consultants' Banking Team completes corporate bank account opening for our Clients who are setting up a company in Malaysia, together, including world-class multi-currency Internet banking facilities. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.

To support Malaysia Company Set Up, Healy Consultants provides our Clients who are setting up a company in Malaysia with a local business address details for invoicing purposes, together with telephone, fax and email support.

Healy Consultants assists our Clients who are setting up a company in Malaysia with business website building, search engine advertising, as well as stationary and logo design, to further support Malaysia Company Set Up.

Healy Consultants assists our Client who set up a company in Malaysia to obtain corporate finance, trade finance and to open merchant accounts to support Malaysia Company Set Up.

Healy Consultants assists our Clients who are setting up a company in Malaysia to locate business premises and recruit local staff.

Following completion of the engagement, Healy Consultants e-mails an Engagement Feedback Survey to our Client.

Healy Consultants provide services for those who have completed Malaysia business set up. Our clients frequently request our support services after setting up a company in Malaysia and these services include:

Malaysia corporate bank account opening together with world-class multi-currency Internet banking to support Malaysia business set up. Healy Consultants can open a corporate bank account with one of the world's leading retail banks, including HSBC, Standard Chartered and Citibank.

Accounting and taxation services including i) corporate structuring ii) minimising withholding tax iii) tax returns and financial statements iv) payroll and investments to support Malaysia business set up.

Healy Consultants Virtual Office services including i) providing office space in Malaysia to Clients ii) a business address in Malaysia for invoicing purposes iii) phone, fax and email support and iv) global call centre support to support Malaysia business set up.

Human resource support including i) Malaysian employment and entrepreneur visas ii) staff recruitment in Malaysia iii) payroll support and iv) local business address in Malaysia for invoicing purposes, together with telephone, fax and email to support Malaysia incorporation. For more information on the immigration and work permit regulations relating to Malaysia business set up, kindly follow this link.

Healy Consultants Marketing services including i) business website building ii) search engine advertising iii) designing stationery and logos iv) market research v) media advertising to support Malaysia business set up.

Healy Consultants assists our Clients who are setting up a company in Malaysia to obtain corporate finance, trade finance and establishing merchant accounts to support Malaysia business set up.

Healy Consultants Malaysia business set up consulting Services including i) merger and acquisition advisory ii) business due diligence iii) internal audit support iv) business process re-engineering to support Malaysia business set up.

Healy Consultants IT Support services including i) hardware purchasing and configuration ii) office network configuration iii) business website design and maintenance iv) server maintenance to support Malaysia business set up.

Asia real estate purchase including i) international mortgages ii) economy analysis iii) property valuation iv) locating tenants to support those setting up a company in Malaysia.