Starting a Malaysian Company Can Be Very Beneficial

Companies are always on the lookout for expanding their business to new shores. The region in Southeast Asia is a very lucrative one for businesses from the West because of the huge market that is available for selling the products. The whole region is fast growing with the purchasing capacity of the people improving vastly in recent years. Malaysia itself has grown very fast economically and is a stable country.

Malaysia can be the gateway to your business in this region. Starting a company in Malaysia can be the best way to expand your business in this region. The country offers a lot of benefits for new businesses apart from the huge market potential. The country is developed enough for the most advanced products to be marketed here. There is a good customer base for all commodities in addition to an export market.

What Attracts Businessmen to Malaysia

A new businessman should understand the factors that attract companies to start their operations in Malaysia. The country has been an exporting country for many commodities like wood, oil, etc. This has made the country to develop its infrastructure in a big way. The ports are well-equipped and so are the roads in Malaysia. The government has been introducing all the latest technology advancement into governance making all the procedures fast and easy.

The cost of setting up a company in Malaysia is very less. This is much lesser than neighboring Singapore and both share the same geographical location and convenience to reach the other nations in the neighborhood. With low infrastructure and labor costs, Malaysia is very attractive to businessmen looking at prospects in this region of the world.

Invest In Various Industries in the Country

There is a great opportunity to invest in many industries in this nation. There are various sectors in which Malaysia has an active place. It is a country that is rich in many natural resources like wood, oil, rubber, and tin. This makes easy and economical availability of raw materials for many of the industries. Added to this is the availability of cheap and skilled labor. Because of high literacy among the working class, it is easy to get high productivity from the workers in Malaysia. The labor is generally a peaceful lot and there are hardly any protests or strikes in the country.

Another attraction to register Sdn Bhd in Malaysia is the government's support to investors by opening various industrial parks in the country. Once a company opens a business in these industrial parks they are eligible for a lot of benefits. There are zones where companies don't have to pay any tax for the first few years. There are also many technology parks to promote companies in developing new technologies.

Registering Your Malaysian Company

It is very easy to register your Malaysian company if you have the right support. The corporate consultants will help you with the process in many ways. There are certain conditions to be fulfilled before you can get your company incorporated in Malaysia. Every company will need at least one shareholder and one resident director. The resident director must be a resident of Malaysia above the age of 18.

You can do the Malaysia business registration through the service providers who will also help you with fulfilling the resident director condition by offering their person as the nominee director. They will complete the name search and get your company name registered. Once you finish this procedure the company registration process can be completed within a short time.