Fees and timelines in 2023

Fees

Malaysia business registration costs in Year 1 amount to US$3,830 and annual company costs in Year 2 and thereafter amount to US$1,470. The average fee per Malaysia engagement is US$16,130 as outlined in the table below. There fees include Malaysia company incorporation, opening corporate bank accounts, and all government fees:

Different Malaysia entity types	Cost	Draft invoice
Tax resident LLC	US$16,130	View invoice PDF
Legally tax exempt LLC	US$12,000	View invoice PDF
A Malaysia Free zone company	US$20,050	View invoice PDF
Branch of a foreign company	US$23,010	View invoice PDF
Representative office	US$13,465	View invoice PDF
Malaysia Bumiputera company	US$12,680	View invoice PDF
Malaysia LLP	US$13,080	View invoice PDF
Malaysia Trust	US$16,650	View invoice PDF
Malaysia fast nominee LLC	US$24,930	View invoice PDF
Malaysia LLC without travel	US$29,980	View invoice PDF
Malaysia annual renewal	US$13,695	View invoice PDF

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Select the services you require and get the total fees at end of this table:

Select	Service	Fee (US$)	Frequency
	Company incorporation	3,830	One time
	Company secretary and legal registered office	1,450	Annually
	Malaysia corporate bank account opening	4,950	One time
	Resident director services	3,900	Annually
	Change of director/shareholder	450	One time
	Residence and employment visa (first employee)	4,950	One time
	Nominee corporate shareholder services	2,100	Annually
	Resident Bumi individual shareholder services	6,600	Annually
	Estimate of annual accounting, audit & tax filing fees	5,970	Annually
	Tax and SST registration services	950	Annual
	Monthly bookkeeping service (estimate)	920	Monthly
	Offshore corporate bank account opening	4,950	One time
	Corporate merchant account approval	4,950	One time
	Corporate brokerage account approval	4,950	One time
	WRT licensing	5,450	One time
	MBJBT license application to hire expat staff	5,950	One time
	Petronas license application	11,550	One time
	CIDB license application	4,950	One time
	Find local office premises for your staff	4,950	One time
	Business website building	2,500	One time
	Phone answering service	900	Annually
	Office mail service	900	Annually
	Fax forwarding service	600	Annually
	Business stationery design with logo	950	One time
	Monthly payroll for staff	920	Monthly
	Staff recruitment	7,950	One time
	Trademark registration	4,950	One time
	Find an apartment for your staff	4,950	One time
	Find corporate finance	5,000	Retainer fee
	M&A advisory	5,000	Retainer fee
	Hedge fund set up	5,000	Retainer fee
	Establish a legal trust	5,000	Retainer fee
	Total fees (US$)	0

Other fee considerations

Timelines

The average Malaysia company registration engagement period is 14 weeks as outlined below:

Service	LLC	Free zone	Bumiputera	LLP	Branch	RO
Engagement planning	2 weeks	2 weeks	2 weeks	2 weeks	2 weeks	2 weeks
Company incorporation period	4 weeks	4 weeks	2 weeks	5 weeks	6 weeks	5 weeks
Bank account approval	4 weeks	4 weeks	4 weeks	4 weeks	4 weeks	4 weeks
Internet banking approval	2 weeks	2 weeks	2 weeks	2 weeks	2 weeks	2 weeks
Engagement completion	2weeks	4 weeks	4 weeks	3 weeks	2 weeks	3 weeks
Total engagement period	14 weeks	16 weeks	16 weeks	16 weeks	16 weeks	16 weeks

malaysia company registration engagement timeline

Preparing a detailed project plan;
Our Client confirms the corporate structure;
Collecting due diligence from our Client.

Our Client signs the corporate bank account opening forms;
Healy Consultants prepares a business plan;
Healy Consultants visits the bank for interview;
The Bank Legal and Compliance Department review and approve the banking application;
The Bank Front Office email corporate bank account numbers to our client.

The Bank Operations Department mails the internet username and passwords to our Client;
Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.

Healy Consultants confirms all Client due diligence is received;
Healy Consultants couriers to our Client the complete original company and bank account documents;
Our Client completes our web page feedback survey;

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Fees and timelines in 2023

Fees

Click here to create your own Malaysia invoice

Other fee considerations

Timelines

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