Start Your Company in Malaysia

Malaysia is a country that has started attracting many investors from many parts of the world. There are many benefits to starting your company in Malaysia. It is a huge market which has a very good purchasing capacity. There are many positive indicators that attract companies to the country which is placed at a very strategic location. It is even attracting investors from its neighbor Singapore due to the low cost of starting a company. 

Why Open An Office In Malaysia?

Malaysia is located strategically to serve the South East Asian countries around it. There are land connections with Singapore and Thailand which makes transportation of goods very easy. The ports connect to many nations in Asia and thus make easy delivery of goods. The main advantage is the free-trade agreement the nation has with the ASEAN nations. This opens up a huge business opportunity for any company.

Malaysia is very economical as far as rent and other infrastructure are concerned. It costs much less to set up a company in Malaysia when compared to neighboring Singapore. This is what is attracting Singapore companies also to expand to this country. There are educated and English-speaking people who can work for the company. The government offers a lot of tax exemptions in many industrial areas in the country. 

Reserving Your Company Name

The first step to register your company in Malaysia is to get your company name registered. You must register the company name in Malaysia following all the conditions that are laid down by the government with regard to what types of names you can have for the company. You cannot use names that are already taken. There cannot be any words that are offensive to any religious group or blasphemous.

Other conditions include that you cannot have names that will give the feeling that your company is related to the government. The name cannot include words that are connected to royalty. If you want to use a person’s name, you must prove that the person is a close relative and submit the proof for the same. 

Getting Your Company Registered

The process of the register of business in Malaysia is simple and easy. This can be done very quickly if you use competent incorporation agencies that are familiar with the procedures and help you complete everything smoothly.