How to set up a company in Malaysia
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| Views of Putra Jaya, Malaysia's new capital. Image: businessinsider.com |
Malaysia
as a former British colony has the tag line "Malaysia Truly Asia" to attract foreign tourists to visit the neighbor’s
country of Singapore and Indonesia. The country is also attractive as a
business and investment destination. Infrastructure in Malaysia is ready to
welcome foreign investors such as Singapore and Indonesia or Thailand.
As a
member of ASEAN, Malaysia has a strategic position as suitable as a springboard
to distribute products to surrounding countries as well as to outside the ASEAN
region such as China, Taiwan, Korea, Japan or India.
There are more than 600,000 registered
companies in Malaysia and approximately 4000 foreign companies, majority of
them are companies limited by shares. There
are over 1,000 companies listed on Bursa Malaysia Securities Berhad. The
companies are publicly traded and public investors can buy and sell shares on
the Malaysia stock exchange. (Source: Data obtained from the Companies
Commission of Malaysia).
With the
economic potential and its geographic position, as well as the strength of
human capital available in Malaysia, then you can take advantage of the
opportunity to establish a company in this country. If you are interested, then
you need to know the terms in accordance with the laws of Malaysia.
