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 companies, 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.
