Thinking about starting a business in Malaysia? Then you have the same question as every other investor. What are the advantages of a Malaysia company?
The benefits and advantages will be the biggest motivating factor for any investor looking to incorporate a company abroad. With several equally successful business hubs in Asia like Singapore and Hong Kong, why should you choose Malaysia?
Malaysia itself is well located within Asia Pacific and Asean! Malaysia with recent ranking being the top 6th country in the world as the most easiest and friendliness in doing business by World Bank! Malaysia achieves a commendable surge from 23rd position to 6th position among 189 economies in the latest World Bank Doing Business 2014. This proof Malaysia truly on track on its economy transformation and bale to poise a place of investment welcoming foreigners!
Malaysia is ranked number one for Getting Credit, number four for Protecting Investors, number five in Trading Across Borders and is the 6th most competitive among 189 economies in the World Bank Doing Business 2014
Malaysia is a place of growth! A place of stability, affordable living with abundance of business investment opportunities in Malaysia! Malaysia welcomes foreigners! Begin your start-up in Malaysia, a perfect place to spring board of your business to the region!
The new Limited Liability Partnerships Act 2012 which came into force in December 2012 introduces limited liability partnerships (LLP) as a new alternative business vehicle which offers flexibility in terms of its formation, maintenance and termination and reduction of company registration fees in Starting a Business. Entrepreneurs now have more options to choose the most preferred form of business vehicle and the introduction of LLP would benefit small businesses (start-ups), professional groups, joint ventures and venture capital funds.
Malaysia is one of the most beautifully diverse countries in Asia. As a multicultural, multilingual, and multi-ethnic country, it certainly has many benefits you can look forward to. Right next door to Singapore, Malaysia is among the more dynamic business Asian business hubs.
In 2018, Malaysia has proclaimed the easiest place in the world to conduct business by the World Bank. This claim was made in their 2018 Ease of Doing Business Report. There are many good reasons for this. Malaysia is strategically positioned, making it the most easily accessible country to other ASEAN economies.
Being next door to Singapore doesn’t mean it is as expensive as Singapore. In fact, it is a very cost-effective alternative without compromising on quality.
Among the other advantages of a Malaysia company include:
Malaysia is also home to the Labuan International Business and Financial Centre. Labuan is highly sought after as an offshore jurisdiction. If you’re thinking about incorporating an offshore company, this is the place to do it.
Living in Malaysia also means you enjoy an excellent quality of life. Not to mention gaining access to delicious, international cuisine.
If you own a limited liability company (Sdn. Bhd), another one of the advantages of a Malaysia company is access to certain tax advantages.
The advantages of a Malaysia company is something you need to experience for yourself. But one thing you can be sure of is that it will be the best business decision you ever make. Are you ready to start a business in Malaysia? Let us help you make the seamless transition. For more information about our Malaysia company incorporation services, contact our team today.
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