{"id":989195,"date":"2025-11-17T08:42:25","date_gmt":"2025-11-17T08:42:25","guid":{"rendered":"https:\/\/cla.global\/italy-company-registration\/?page_id=989195"},"modified":"2026-01-07T11:08:13","modified_gmt":"2026-01-07T11:08:13","slug":"business-entities","status":"publish","type":"page","link":"https:\/\/cla.global\/malaysia-company-registration\/business-entities\/","title":{"rendered":"Business entities"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"989195\" class=\"elementor elementor-989195\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d0b809d e-flex e-con-boxed e-con e-parent\" data-id=\"d0b809d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-b424f11 e-con-full e-flex e-con e-child\" data-id=\"b424f11\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5d1b668 elementor-widget elementor-widget-html\" data-id=\"5d1b668\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t <style>\r\n\/* Sidebar Component Styles - Elementor Compatible *\/\r\n.uk-sidebar-component {\r\nmax-width: 100%;\r\nfont-family: inherit;\r\ncolor: inherit;\r\nline-height: inherit;\r\nposition: relative;\r\nz-index: 1;\r\n}\r\n.uk-sidebar-component * {\r\nbox-sizing: border-box;\r\n}\r\n\/* Sidebar Styles *\/\r\n.uk-sidebar {\r\nwidth: 280px;\r\nbackground: #f1f5f9;\r\nborder-right: 1px solid #e2e8f0;\r\npadding: 20px;\r\nborder-radius: 8px;\r\nheight: fit-content;\r\nflex-shrink: 0;\r\nposition: relative;\r\nz-index: 1;\r\n}\r\n.uk-sidebar h3 {\r\nbackground: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%);\r\ncolor: #fff;\r\npadding: 12px;\r\nborder-radius: 6px;\r\nmargin: 0 0 15px 0;\r\ntext-align: center;\r\nfont-size: 16px;\r\nfont-weight: bold;\r\n}\r\n.uk-sidebar-menu {\r\nlist-style: none;\r\npadding: 0;\r\nmargin: 0;\r\n}\r\n.uk-menu-item {\r\nmargin: 8px 0;\r\nposition: relative;\r\n}\r\n.uk-menu-item > .uk-dropdown-toggle {\r\ntext-decoration: none !important;\r\ncolor: #1a4b5c !important;\r\nfont-size: 15px;\r\nfont-weight: 600;\r\ndisplay: flex !important;\r\nalign-items: center;\r\njustify-content: space-between;\r\npadding: 12px 15px;\r\nborder-radius: 6px;\r\nbackground: #fff;\r\nborder: 1px solid #e2e8f0;\r\ntransition: all 0.3s ease;\r\ncursor: pointer;\r\nposition: relative;\r\nz-index: auto;\r\nwidth: 100%;\r\n}\r\n.uk-menu-item > .uk-dropdown-toggle:hover,\r\n.uk-menu-item > .uk-dropdown-toggle:focus {\r\nbackground: rgba(26, 75, 92, 0.1) !important;\r\nborder-color: #1a4b5c !important;\r\ncolor: #1a4b5c !important;\r\ntext-decoration: none !important;\r\n}\r\n.uk-menu-item > .uk-dropdown-toggle::after {\r\ncontent: \"\u25bc\";\r\nfont-size: 12px;\r\ntransition: transform 0.3s ease;\r\npointer-events: none;\r\nmargin-left: auto;\r\n}\r\n.uk-menu-item.uk-active > .uk-dropdown-toggle::after {\r\ntransform: rotate(180deg);\r\n}\r\n.uk-submenu {\r\nlist-style: none;\r\npadding: 0;\r\nmargin: 0;\r\nmax-height: 0;\r\noverflow: hidden;\r\ntransition: all 0.3s ease;\r\nbackground: #fff;\r\nborder-radius: 0 0 6px 6px;\r\nborder: 1px solid #e2e8f0;\r\nborder-top: none;\r\nopacity: 0;\r\nposition: relative;\r\nz-index: auto;\r\n}\r\n.uk-menu-item.uk-active .uk-submenu {\r\nmax-height: 500px;\r\npadding: 10px 0;\r\nopacity: 1;\r\n}\r\n.uk-submenu li {\r\nmargin: 0;\r\n}\r\n.uk-submenu li a {\r\ntext-decoration: none !important;\r\ncolor: #475569 !important;\r\nfont-size: 14px;\r\ndisplay: block;\r\npadding: 8px 20px;\r\ntransition: all 0.3s ease;\r\ncursor: pointer;\r\nposition: relative;\r\nz-index: auto;\r\n}\r\n.uk-submenu li a:hover,\r\n.uk-submenu li a:focus {\r\nbackground: #f8fafc !important;\r\ncolor: #1a4b5c !important;\r\npadding-left: 25px;\r\ntext-decoration: none !important;\r\n}\r\n\/* Responsive Design *\/\r\n@media (max-width: 768px) {\r\n.uk-sidebar {\r\nwidth: 100%;\r\nmax-width: 350px;\r\n}\r\n}\r\n@media (max-width: 480px) {\r\n.uk-sidebar {\r\nwidth: 100%;\r\npadding: 15px;\r\n}\r\n.uk-sidebar h3 {\r\nfont-size: 14px;\r\npadding: 10px;\r\nmargin-bottom: 12px;\r\n}\r\n.uk-menu-item > .uk-dropdown-toggle {\r\nfont-size: 14px;\r\npadding: 10px 12px;\r\n}\r\n.uk-submenu li a {\r\nfont-size: 13px;\r\npadding: 6px 16px;\r\n}\r\n}\r\n<\/style>\r\n<\/head>\r\n<body>\r\n<div class=\"uk-sidebar-component\">\r\n<!-- Sidebar -->\r\n<aside class=\"uk-sidebar\" id=\"ukSidebar\" role=\"navigation\" aria-label=\"Malaysia Guide Navigation\">\r\n<h3>Malaysia Business Guide<\/h3>\r\n<ul class=\"uk-sidebar-menu\">\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-malaysia-summary\">Malaysia summary<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-malaysia-summary\">\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/\">Why start a business here?<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/#disadv\">Problems with doing business here?<\/a><\/li>\r\n\r\n<\/ul>\r\n<\/li>\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-malaysia-structuring\">Malaysia corporate structuring<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-malaysia-structuring\">\r\n<li><a href=\"https:\/\/cla.global\/company-formation-professional-services\/\">Company set up strategy<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/business-entities\/\">Business entity types!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/resident-director-services\/\">Resident director services?<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/15-steps-to-register-an-llc\/\">15 steps to register an LLC!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/llp\/\">Limited Liability Partnerships<\/a><\/li>\r\n\r\n\r\n<\/ul>\r\n<\/li>\r\n\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-fees-timelines\">Fees and timelines<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-fees-timelines\">\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/fees-and-timelines\/\">Engagement fees?<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/fees-and-timelines\/#timelines\">Timelines?<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-cash-flow\">Cash flow considerations<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-cash-flow\">\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/bank-account\/\">Corporate banking solutions?<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/company-formation-professional-services\/online-business-solutions\/\">E-commerce sales!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/services\/cash-flow-improvement-services\/\">Cash flow improvement services!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/services\/global-marketing-services\/\">Market penetration strategies?<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-legal-accounting\">Legal + accounting + tax<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-legal-accounting\">\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/accounting-and-legal\/\">Accounting and tax considerations?<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-support-services\">Business set up support services<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-support-services\">\r\n    <li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/employment-act-in-malaysia\/\">Employment Act in Malaysia<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/recruitment\/\">Human resources services<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/services\/staff-recruitment\/\">Employee considerations!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/virtual-office\/\">Find office premises!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/trademark\/\">Trademark registration!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/company-formation-professional-services\/registering-a-holding-company\/support-services\/\">Other support services!<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ul>\r\n<\/aside>\r\n<\/div>\r\n<script>\r\n\/\/ Elementor-compatible sidebar script\r\n(function() {\r\n'use strict';\r\nlet isInitialized = false;\r\nfunction initUKSidebar() {\r\nif (isInitialized) return;\r\nconsole.log('Malaysia Sidebar: Initializing for Elementor');\r\n\/\/ Use event delegation for better compatibility\r\ndocument.addEventListener('click', function(e) {\r\n\/\/ Only handle clicks within our sidebar component\r\nif (!e.target.closest('.uk-sidebar-component')) {\r\nreturn; \/\/ Let other clicks work normally\r\n}\r\n\/\/ Handle dropdown toggles ONLY\r\nif (e.target && e.target.classList.contains('uk-dropdown-toggle')) {\r\ne.preventDefault();\r\ne.stopPropagation();\r\nconsole.log('Dropdown toggle clicked');\r\nconst parentItem = e.target.closest('.uk-menu-item');\r\nif (!parentItem) return;\r\nconst allItems = document.querySelectorAll('.uk-sidebar-component .uk-menu-item.uk-has-dropdown');\r\n\/\/ Close other dropdowns\r\nallItems.forEach(function(item) {\r\nif (item !== parentItem && item.classList.contains('uk-active')) {\r\nitem.classList.remove('uk-active');\r\n}\r\n});\r\n\/\/ Toggle current dropdown\r\nparentItem.classList.toggle('uk-active');\r\nconsole.log('Dropdown toggled:', parentItem.classList.contains('uk-active'));\r\nreturn;\r\n}\r\n\/\/ Handle ONLY internal scroll links with uk-scroll-link class\r\nif (e.target && e.target.classList.contains('uk-scroll-link')) {\r\ne.preventDefault();\r\nconst targetId = e.target.getAttribute('href');\r\nconsole.log('Internal scroll link clicked:', targetId);\r\nif (targetId && targetId.startsWith('#')) {\r\nconst targetElement = document.querySelector(targetId);\r\nif (targetElement) {\r\ntargetElement.scrollIntoView({\r\nbehavior: 'smooth',\r\nblock: 'start'\r\n});\r\n}\r\n}\r\nreturn;\r\n}\r\n\/\/ For all other links (external links), let them work normally\r\n\/\/ Don't preventDefault() for regular anchor tags\r\n});\r\nisInitialized = true;\r\n}\r\n\/\/ Multiple initialization methods for Elementor compatibility\r\n\/\/ Method 1: Immediate if DOM is ready\r\nif (document.readyState === 'loading') {\r\ndocument.addEventListener('DOMContentLoaded', initUKSidebar);\r\n} else {\r\ninitUKSidebar();\r\n}\r\n\/\/ Method 2: Window load (for Elementor)\r\nwindow.addEventListener('load', function() {\r\nsetTimeout(initUKSidebar, 100);\r\n});\r\n\/\/ Method 3: Elementor frontend init (if available)\r\nif (window.elementorFrontend) {\r\nwindow.elementorFrontend.hooks.addAction('frontend\/element_ready\/global', initUKSidebar);\r\n}\r\n\/\/ Method 4: jQuery ready (if jQuery is available)\r\nif (typeof jQuery !== 'undefined') {\r\njQuery(document).ready(function() {\r\nsetTimeout(initUKSidebar, 50);\r\n});\r\n}\r\n\/\/ Method 5: MutationObserver for dynamic content\r\nif (typeof MutationObserver !== 'undefined') {\r\nconst observer = new MutationObserver(function(mutations) {\r\nmutations.forEach(function(mutation) {\r\nif (mutation.addedNodes.length > 0) {\r\nfor (let node of mutation.addedNodes) {\r\nif (node.nodeType === 1 && (node.classList.contains('uk-sidebar-component') || node.querySelector('.uk-sidebar-component'))) {\r\nsetTimeout(initUKSidebar, 100);\r\nbreak;\r\n}\r\n}\r\n}\r\n});\r\n});\r\nobserver.observe(document.body, {\r\nchildList: true,\r\nsubtree: true\r\n});\r\n}\r\n})();\r\n<\/script>\r\n<\/body>\r\n<\/html>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-dae0157 e-con-full e-flex e-con e-child\" data-id=\"dae0157\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-52aa3996 e-con-full e-flex e-con e-child\" data-id=\"52aa3996\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c245dd4 elementor-widget elementor-widget-heading\" data-id=\"c245dd4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Types of business entities in Malaysia<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-534015b4 elementor-widget elementor-widget-text-editor\" data-id=\"534015b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>CLA Consultants assists our multi-national Clients\u2019 with Malaysia company set up including choosing the optimum corporate structure and entity. There are several ways of doing business in Malaysia, the most common being the setting up of a limited liability company (also known as Sendirian Berhad or \u201cSdn. Bhd.\u201d). Foreign companies can also register a branch in Malaysia, or a representative office.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-043f27b elementor-widget elementor-widget-heading\" data-id=\"043f27b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Malaysia Limited liability company (SDN BHD)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9f62b8e elementor-widget elementor-widget-text-editor\" data-id=\"9f62b8e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>A private limited liability company (also known as Sendirian Berhad or \u201cSdn. Bhd.\u201d) is the most popular type of Malaysia subsidiary. Companies can incorporate this type of subsidiary with 1 shareholder and 1 director. The subsidiary can be registered with 100% foreign ownership. If needed, CLA Consultants can provide our Clients with nominee services for resident director in Malaysia<\/li><li>After incorporation of the company, CLA Consultants will register the company with the <a href=\"http:\/\/www.hasil.gov.my\/\" target=\"_blank\" rel=\"noopener nofollow\">Inland Revenue Department<\/a>\u00a0for corporate tax and employer registration. If needed, we can also register the company for GST<\/li><li>Our Clients may also wish to apply for various licenses in Malaysia, the most common being the Wholesale Retail Trade license (WRT). This license requires a paid up capital of US$1,000,000 and the approval process takes up to 2 months. Once secured, our Clients will be able to engage in various operations including\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0retail and wholesale trade; and\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0restaurant and franchise business<\/li><li>A subsidiary and a private limited company (Sdn. Bhd.) are quite similar. However, setting up a subsidiary can be difficult and rigorous compared to incorporating a private limited company (Sdn. Bhd.). More documents are needed such as board of resolution from parent company to approve the incorporation of a subsidiary company, memorandum of appointment or power of attorney authorising the person residing in Malaysia to accept the notices on behalf of the parent company, statutory declaration by the agent of the parent company, company particulars of parent company certified by the appointed company secretary.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-58ad5f3 elementor-widget elementor-widget-heading\" data-id=\"58ad5f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Malaysia free zone company (EPZ company)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f8f4adb elementor-widget elementor-widget-text-editor\" data-id=\"f8f4adb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Foreigners willing to start export-oriented manufacturing and service businesses can register their entity in an export processing zone. While there is no official minimum paid-up capital requirement, the free zone authority w take such amount as a criterion to assess the application, so we usually recommend our Clients to invest a minimum of US$125,000. We can also provide\u00a0<a href=\"https:\/\/www.healyconsultants.com\/malaysia-company-registration\/resident-director\/\" target=\"_blank\" rel=\"noopener\">nominee services<\/a>\u00a0for our Clients unable to appoint the one resident director required for all newly registered Malaysian company<\/li><li>For further information on the different export processing zones available in Malaysia and their tax benefits and requirements, please visit our\u00a0<a href=\"https:\/\/www.healyconsultants.com\/malaysia-company-registration\/#freezone\">Malaysia free zone<\/a>\u00a0section.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-86854b1 elementor-widget elementor-widget-heading\" data-id=\"86854b1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Malaysia international trading company (Labuan company)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9753f4e elementor-widget elementor-widget-text-editor\" data-id=\"9753f4e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>For entrepreneurs only planning to trade with overseas customers, the Malaysia regulations provide an attractive legally tax exempt business vehicle: the\u00a0Labuan company, registered with the\u00a0<a href=\"https:\/\/www.labuanibfc.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Labuan International Business and Financial Center<\/a>. Unlike mainland Malaysia companies, such entity does not require the appointment of resident director; and<\/li><li>For our readers interested to read more about this tax exempt strategy, CLA Consultants has prepared a specific section on such business entity; and<\/li><li><strong>Best uses<\/strong>: A Labuan company\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0enjoy 3% corporation tax on annual net profits but\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0must submit financial statements to independent statutory annual audit. Under some conditions, it can also be a good entity to open a marketing office in Labuan, Kuala Lumpur or Johor Bahru.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0f16507 elementor-widget elementor-widget-heading\" data-id=\"0f16507\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Steps for incorporating business in Malaysia through a Labuan company<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cba18a6 elementor-widget elementor-widget-heading\" data-id=\"cba18a6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Pre-incorporation procedure<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e36f776 elementor-widget elementor-widget-text-editor\" data-id=\"e36f776\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li><strong>Consultation:<\/strong> Following a face-to-face meeting or conference call, CLA Consultants Group and the Client agree on: <span class=\"yellow-roman\">i)<\/span>\u00a0specific business activity and license requirements\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0target company names and their availability, and\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0share capital requirements;<\/li><li><strong>Reserve name:<\/strong>\u00a0Once formally engaged, our dedicated Labuan relationship manager will conclude a business name search with the Labuan Companies Registrar (IBFC) and reserve several options in order of preference. If available, we file the name reservation and settle the RM50 reservation fee;<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-00dbd13 elementor-widget elementor-widget-heading\" data-id=\"00dbd13\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Incorporation procedure<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-144aef9 elementor-widget elementor-widget-text-editor\" data-id=\"144aef9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li><strong>Document preparation:<\/strong>\u00a0Our team prepares\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0Memorandum and Articles of Incorporation\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0Declaration of compliance\u00a0<a href=\"https:\/\/labuanibfc.com\/areas-of-business\/92-153\/labuan-structures\/incorporation-and-registration-procedures.html\" target=\"_blank\" rel=\"nofollow noopener\">Form 6<\/a>\u00a0and\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0director\/shareholder consent\u00a0<a href=\"https:\/\/labuanibfc.com\/areas-of-business\/92-153\/labuan-structures\/incorporation-and-registration-procedures.html\" target=\"_blank\" rel=\"nofollow noopener\">Form 24<\/a>. In addition, we prefill all other required forms and email them to our Client for e-signature. The Government fee for form submission is RM6,000;<\/li><li><strong>Company Incorporation:<\/strong>\u00a0We submit signed documents to IBFC to complete incorporation of the new company. The company is registered within eight business days, after which we email the Certificate of Incorporation (COI) to our Client;<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4095d0a elementor-widget elementor-widget-heading\" data-id=\"4095d0a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Post-incorporation procedure<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-93a50fc elementor-widget elementor-widget-text-editor\" data-id=\"93a50fc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li><strong>Tax registration:<\/strong> Following company formation, CLA Consultants Group registers our Client\u2019s company for tax, completing and submitting <a href=\"http:\/\/lampiran.hasil.gov.my\/pdf\/pdfborang\/Borang_Daftar_Syarikat_1.pdf\" target=\"_blank\" rel=\"nofollow noopener\">Form CP600C<\/a>\u00a0to the\u00a0<a href=\"http:\/\/www.hasil.gov.my\/bt_goindex.php?bt_kump=5&amp;bt_skum=6&amp;bt_posi=6&amp;bt_unit=1&amp;bt_sequ=1&amp;bt_lgv=2\" target=\"_blank\" rel=\"nofollow noopener\">Inland Revenue Board<\/a>;<\/li><li><strong>Corporate bank account opening:<\/strong> Once above is completed, we open a local Malaysian corporate bank account with our Client\u2019s preferred local or international bank. Thereafter, CLA Consultants Group and our Client agree upon and courier the original corporate bank account forms to the company\u2019s agent in Labuan. We work with internationally recognised banks including <a href=\"https:\/\/www.sc.com\/my\/\" target=\"_blank\" rel=\"nofollow noopener\">Standard Chartered<\/a>,\u00a0<a href=\"https:\/\/www.dbs.com\/my\/default.page\" target=\"_blank\" rel=\"nofollow noopener\">DBS<\/a>\u00a0and local banks such as\u00a0<a href=\"http:\/\/www.maybank2u.com.my\/\" target=\"_blank\" rel=\"nofollow noopener\">Maybank<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.cimbclicks.com.my\/\" target=\"_blank\" rel=\"nofollow noopener\">CIMB<\/a>. Immediately after bank account opening, our Client deposits the initial\u00a0<a href=\"https:\/\/labuanibfc.com\/areas-of-business\/92-153\/labuan-structures\/incorporation-and-registration-procedures.html\" target=\"_blank\" rel=\"nofollow noopener\">share capital of the company<\/a>;<\/li><li><strong>Internet banking activation:<\/strong>\u00a0Having received the corporate bank account number, we request the bank to activate internet banking and issue tokens to the company directors. This process is typically completed within one business week;<\/li><li><strong>Support services:<\/strong>\u00a0If required, our team can offer support services including\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0securing employee visas\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0locating office premises\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0registering trademarks<\/li><li><strong>Engagement completion:<\/strong>\u00a0The Labuan company incorporation engagement is considered complete. We courier a company kit to our Client, including original corporate documents, unopened bank correspondences and a Client feedback survey.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0d0aa42 elementor-widget elementor-widget-heading\" data-id=\"0d0aa42\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Other considerations<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9caa43d elementor-widget elementor-widget-text-editor\" data-id=\"9caa43d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>A Labuan company can lease office premises in Kuala Lumpur and\/or Iskandar Malaysia, Johor Bahru;<\/li><li>As per the LBATA Amendments 2019, a Labuan company can now issue sales invoices to Malaysia customers and conduct sales in Malaysian Ringgit. Moreover, all other global income can be booked into the Labuan company;<\/li><li>All Labuan trading companies dealing with Malaysia resident companies are subject to 17% corporate tax on chargeable income below RM500,000 and 24% for income above this threshold;<\/li><li>All Labuan companies can secure Malaysia employment visas for staff;<\/li><li>To curb tax evasion and other harmful tax practices, since January 2019 Labuan companies have been subject to new\u00a0<a href=\"https:\/\/www.labuanibfc.com\/clients\/Labuan_IBFC_78C2FF81-703A-4CAA-8926-A348A3C91057\/contentms\/img\/Downloads\/guideline\/general\/Frequently%20Asked%20Questions%20-%20New%20LBATA%20(Substantial%20Activity%20Requirements)_%202019.pdf?1548687143\" target=\"_blank\" rel=\"noopener nofollow\">economic substance requirements<\/a>. Companies operating in certain sectors must now hire full-time employees, and meet minimum annual operating expenditure requirements in Labuan;<\/li><li>Companies which do not meet substance requirements are liable to pay a tax rate of 24% on taxable profits, as per the Income Tax Act 1967. Companies operating under the regulations of the Labuan Business Activity Tax Act 1990 are taxed at 3% of audited profits.<\/li><li>All Labuan companies must always secure and maintain an office space in Labuan, if they plan to hire expatriate staff;<\/li><li>In addition to the annual Labuan Government fees, an annual fee of RM7,500 will be payable to the Malaysia Government.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b1dbaa elementor-widget elementor-widget-heading\" data-id=\"3b1dbaa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Work permit considerations<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ba88db7 elementor-widget elementor-widget-text-editor\" data-id=\"ba88db7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>To be eligible for a Malaysia work permit, an expatriate employee of a Labuan company must be:\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0Top management (Managing Director, Principal Officer)\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0Chief Executive Officer, Chief Financial Officer, Chief Operating Officer\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0Middle management (Manager, Assistant Manager)\u00a0<span class=\"yellow-roman\">iv)<\/span>\u00a0Professional (Accountant, Lawyer, Consultant, Underwriter)\u00a0<span class=\"yellow-roman\">v)<\/span>\u00a0Technical expert (IT Specialist, other specialist related to Labuan trading activity);<\/li><li>The employer must have a valid address in Malaysia;<\/li><li>The applicant must have the technical and academic qualification, professional certificate or relevant working experience related to the position applied.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9fe887e elementor-widget elementor-widget-heading\" data-id=\"9fe887e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The Bumiputera company<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-10f59f8 elementor-widget elementor-widget-text-editor\" data-id=\"10f59f8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Entrepreneurs establishing a limited liability company in Malaysia can apply for Bumiputera status if at least 30% of the shares are held by native Malay individuals or other Bumiputera corporations. If this requirement is met, the company is then eligible for special grants, discounts, and incentives such as cheaper business licenses, special bank agreements, native reservation of land, and discounts when purchasing or renting land.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0297c7f elementor-widget elementor-widget-heading\" data-id=\"0297c7f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The Malaysia branch office<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d33530b elementor-widget elementor-widget-text-editor\" data-id=\"d33530b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Setting up a branch is more appropriate for a foreign company which plans to operate in Malaysia on a short-term basis and is not carrying out wholesale or trade retail businesses. A branch does not have a separate legal personality, so its liabilities are those of its parent company. The branch office can engage in business activities, which involve trade, invoicing, and signing contracts.<\/li><li>A branch of a foreign company is required to have at least 1 person resident in Malaysia to be the authorised agent in Malaysia. A branch of a foreign company in Malaysia must keep the records of its Malaysian operations in Malaysia. The appointed agent shall be answerable for the acts, matters and things, as are required to be done by the foreign company under the Companies Act 2016; and be personally liable for all penalties imposed on the foreign company for any contravention of the Companies Act 2016.<\/li><li>Branch registration can be done by filing the required documentation with\u00a0<a href=\"http:\/\/www.ssm.com.my\/Pages\/Home.aspx\" target=\"_blank\" rel=\"noopener nofollow\">Suruhanjaya Syarikat Malaysia (SSM)<\/a>.<\/li><li>The required supporting documents include: A certified copy of the certificate of incorporation or registration of the foreign company in its place of origin, a certified copy of its charter\/statute\/memorandum and articles of association, or other instruments constituting or defining its constitution, memorandum duly executed by the foreign company stating the powers of the local directors, where the foreign company has directors resident in Malaysia who are members of the local board of the directors, memorandum of appointment for the appointment of the agent in Malaysia, which must be verified by statutory declaration and stamped, memorandum of appointment, or power of attorney, under the seal of the foreign company, executed so as to be binding on the company, stating the name and address of one or more persons resident in Malaysia (not including a foreign company), authorised to accept on its behalf service of process, and any notices required to be served on the company, following registration by the CCM.<\/li><li>Additionally, the branch office is required to comply with a number of reporting requirements under the Companies Act 2016 including\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0notifying the SSM when changing share capital and corporate structure,\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0filing annual balance sheets and audited accounts of the parent and branch company,\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0filing annual return within one month of the AGM and\u00a0<span class=\"yellow-roman\">iv)<\/span>\u00a0keeping account records for a minimum of 7 years in Malaysia.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f922df0 elementor-widget elementor-widget-heading\" data-id=\"f922df0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The Malaysia representative office<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b47d974 elementor-widget elementor-widget-text-editor\" data-id=\"b47d974\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>This Malaysia business setup is only allowed to engage in business activities including market research and promoting the business of the parent company. Consequently, a representative office cannot sign contracts or conduct business in Malaysia, because it is not a permanent business setup in Malaysia; and<\/li><li>The establishment of a representative is suitable for foreign investors who wish to explore the business environment in Malaysia before making investment decisions, e.g. market research, feasibility studies, promotional and liaison work on behalf of its principal entity. The proposed operational expenditure of a representative must be at least RM300,000 per annum. The representative office should be financed by funds emanating from sources outside Malaysia; and<\/li><li>The procedure to establish a representative office is fast and relatively straightforward. An application with the required supporting documentation must be submitted to the Malaysian Investment Development Authority (MIDA) which will issue authorisation if the legal requirements are met. The process generally takes an average of six weeks and when issued the authorisation is usually valid for two years depending on the merits of the application; and<\/li><li>Employees are generally limited to one expatriate, who is subject to income tax at the usual rates in Malaysia. Application may be made to MIDA for additional work permits for other expat employees, should additional employees be required.<\/li><li>Permissible activities for a representative\/regional office include\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0planning or co-ordinating business activities and\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0undertaking research and product development and\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0other activities that will not result directly in actual commercial transactions.<\/li><li>Under the guidelines issued by MIDA, a representative\/regional office is not allowed to\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0engage in any form of commercial activity and\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0lease warehousing facilities and\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0sign business contracts for a fee and\u00a0<span class=\"yellow-roman\">iv)<\/span>\u00a0participate in the daily management of any entity within its corporate group in Malaysia.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e487fd elementor-widget elementor-widget-html\" data-id=\"2e487fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t\r\n<style>\r\n\r\n.uk-company-widget * {\r\nbox-sizing: border-box !important;\r\n}\r\n\r\n\/* CTA Section *\/\r\n.uk-cta {\r\npadding: 40px !important;\r\nborder-radius: 10px !important;\r\nbackground: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%) !important;\r\ncolor: #fff !important;\r\ntext-align: center !important;\r\nfont-size: 20px !important;\r\nfont-weight: bold !important;\r\nmargin: 30px 0 !important;\r\nbox-shadow: 0 5px 15px rgba(0,0,0,0.1) !important;\r\n}\r\n\r\n\/* Buttons *\/\r\n.uk-btn {\r\ndisplay: inline-block !important;\r\npadding: 10px 20px !important;\r\nborder-radius: 6px !important;\r\nfont-weight: bold !important;\r\nborder: none !important;\r\ncursor: pointer !important;\r\ntransition: all 0.3s ease !important;\r\ntext-decoration: none !important;\r\nfont-size: 14px !important;\r\n}\r\n\r\n.uk-btn-gradient {\r\nbackground: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%) !important;\r\ncolor: #fff !important;\r\n}\r\n\r\n.uk-btn-gradient:hover {\r\nopacity: 0.9 !important;\r\n}\r\n\r\n\/* Contact Section *\/\r\n.uk-contact {\r\nborder: 1px solid #e2e8f0 !important;\r\nborder-radius: 8px !important;\r\nbackground: #f1f5f9 !important;\r\npadding: 20px !important;\r\nmargin: 20px 0 0 0 !important;\r\n}\r\n\r\n.uk-contact h4 {\r\nmargin: 0 0 10px 0 !important;\r\ncolor: #1a4b5c !important;\r\nfont-size: 16px !important;\r\n}\r\n\r\n.uk-contact p {\r\nmargin: 0 0 15px 0 !important;\r\ncolor: #475569 !important;\r\n}\r\n\r\n.uk-person {\r\ndisplay: flex !important;\r\nalign-items: center !important;\r\ngap: 15px !important;\r\n}\r\n\r\n.uk-person img {\r\nwidth: 60px !important;\r\nheight: 60px !important;\r\nborder-radius: 50% !important;\r\nflex-shrink: 0 !important;\r\n}\r\n\r\n.uk-person strong {\r\ncolor: #1a4b5c !important;\r\nfont-size: 16px !important;\r\n}\r\n\r\n\/* Responsive Design *\/\r\n@media (max-width: 480px) {\r\n.uk-cta {\r\npadding: 30px 20px !important;\r\nfont-size: 18px !important;\r\n}\r\n}\r\n\r\n<\/style>\r\n<\/head>\r\n<body>\r\n\r\n\r\n\r\n\r\n\r\n\r\n<!-- CTA -->\r\n<div id=\"uk-cta-section\" class=\"uk-cta\">\r\nRegister your company now! <br>\r\nCLA Group has the solution to help you grow.\r\n<\/div>\r\n\r\n<!-- Contact -->\r\n<div class=\"uk-contact\">\r\n<h4>Contact us<\/h4>\r\n<p>For more info on company registration, please contact our expert directly:<\/p>\r\n<div class=\"uk-person\">\r\n\r\n<div>\r\n<strong>Mr. Petar Chakarov<\/strong><br>\r\nSenior Manager, Sales & Business Development<br>\r\n<a href=\"https:\/\/cla.global\/free-consultation\/\" class=\"uk-btn uk-btn-gradient\">\r\n\r\nGet in touch\r\n\r\n<\/a>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<\/body>\r\n<\/html>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a5da09d e-flex e-con-boxed e-con e-parent\" data-id=\"a5da09d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>CLA assists multi-national Clients\u2019 with business set up in every country on the planet.<\/p>\n<p>For transparency purposes and to help multi-national Clients\u2019 budget future engagement fees, this page outlines average total engagement fees for every country on the planet.<\/p>\n<p>Click on the regional headings to see fees for every jurisdiction around the world.<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-989195","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/pages\/989195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/comments?post=989195"}],"version-history":[{"count":30,"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/pages\/989195\/revisions"}],"predecessor-version":[{"id":990074,"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/pages\/989195\/revisions\/990074"}],"wp:attachment":[{"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/media?parent=989195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}