Doing Business In MalaysIa
Generally, any person or foreigner can set up and operate a business in Malaysia. The requirement is that the Firm
or Company must apply for registration from THE COMPANIES COMMISSION OF MALAYSIA (CCM).
Special licences or approval must first be obtained from the respective authorities for certain businesses such as
banks, insurance companies, share broking c ompanies, professional firms, investment corporations and
manufacturing corporations before registration may be made to CCM.
Information regarding the establishment of industrial projects in Malaysia may be obtained from the MALAYSIA
INDUSTRIAL DEVELOPMENT AUTHORITY (MIDA). MIDA may help investors in planning, locate available land and
factory space, long term financing and skilled manpower. Its Assistance Unit helps investors who are not familiar
with government procedures to implement their projects swiftly. The division also brings together local and foreign
parties interested in joint ventures.
The other respective approval authorities includes :-
External Links :
BNM is the Malaysian Central Bank and its role is to act as a banker and financial adviser to the Government to
promote monetary stability and a sound financial structure.
The Companies Commission of Malaysia (CCM) is a division under the Ministry of Domestic Trade and Consumer
Affairs. The Registrar of Companies (ROC) and the Registrar of Businesses (ROB) comes under the purview of the
Formerly known as the Kuala Lumpur Stock Exchange (KLSE), Bursa Malaysia is a self regulatory body incorporated
which governs the conduct of its members and member stockbroking companies in securities dealings, enforces
the listing requirements and is also responsible for the survelence of the market place.
A self-funding statutory body with investigative and enforcement powers established under the Securities
Commission Act 1993.
C. F. NG & CO.
Leading the way forward
Check out the following links for additional information and helpful resource :
For information on immigration matters in Malaysia, please refer to this website.
For information on Sales & Service Taxes, import and excise duties, please click on this name.
Goods and Services Tax (GST) registration guide.
For information on how to register for Goods and Service Tax (GST), please click GST Registration guide here.