People from many countries including neighboring Singapore are
coming to Malaysia to start their company here. The reason is that Malaysia
offers the most conducive atmosphere for running a company. The political
situation is peaceful. The economy is stable and growing. Most importantly
doing business is very easy in Malaysia because of a very supportive
government. New companies who set up their operations in Malaysia are offered
many sops so that more businesses can come into Malaysia. This has attracted many
investors to the nation.
Malaysia is located very strategically to give you an advantage of
tapping the extremely receptive markets of South East Asia. The free-trade
agreement between Malaysia and these countries help in getting more business
from these countries. Malaysia has a well-equipped port and good logistics
support. The transporting industry is excellent and getting goods moved from
one place to another is an easy job. Further, setting up business in Malaysia
is cheaper than in Singapore. Many companies who don’t have their offices in
Singapore establish their operation in Malaysia and supply their goods to
Singapore from here. The rents, cost of goods and cost of labor are all lesser
in Malaysia and hence your operation cost also comes down.
The one thing that could pull you back from setting up a company
in Malaysia is the complicated incorporation procedure. 3 E Accounting is a
highly experienced consultant company that can help you with your company
incorporation process. The first thing to do before incorporation is to register
company name in Malaysia. Only once you have reserved a name for your
company can we go ahead with the other procedures. 3 E Accounting will get your
name registered. You need to suggest a couple of names because sometimes the
name you give may be rejected as it is being used by someone else. We will do
the name search for you and get the name registered.
Once the name is registered it is just a matter
a short period before your company can be registered and incorporated. Taking
our help for the Malaysia
business registration will relieve you of your headache. Don’t waste
your time with all these matters and concentrate on your immediate
matters.
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