Pre & Post Sdn Bhd Company Registration Malaysia

Sdn Bhd is a Limited Liability company that is only allowed by law of Malaysia to go for foreigners to register company. Generally, 3 to five days need to complete registration process unless big queue in SSM. Only licenses secretary have right to proceed of company incorporation to SSM.

1. Name Search

2. Registration

3. Confirm Company Secretary

4. Registered and Business address

5. Open bank account

6. Nominee / local director might require in special cases

7. Apply for signboard and premise license

8. Require export/ import license (if business is relating export/ import)

9. Halal license (for restaurant, consumer goods)

10. WRT (for retail and SME)

Firstly, contact a consultancy firm, NOT flying agent, who is registered company, have own office with correct address and own company secretary. Fill up the form as a recommendation of secretary and let the company secretary handle rest of job. Hiring company secretary is must in Malaysia for all Sdn Bhd (LLC) company by law. Foreigners are not allowed to open proprietorship business as law. Generally, the company secretary allows customers to use the address of consultancy firm as the business address of customers.

Opening a bank account is challenging if do not go in proper way that is most important. S & F Consulting Firm Asia Sdn Bhd is reputed company in Malaysia where bankers visit themselves to meet the customers. S & F, SFM Consulting Firm already been awarded 3 times as the best business partner of OCBC bank in Malaysia. Local partner might require some cases but not always, like tourism business, timber, hotel, and restaurant etc. Company incorporation copies are not sufficient to start business unless signboard and premise licenses are obtained, not for all.

Export and import licenses are required those businesses are relating of import business. In case of food business Halal license should obtain to avoid big penalty by government. 4 types of businesses WRT license is required unless local partner hold shares of the company.

4P Marketing plan is everlasting

1. Product

2. Place

3. Price

4. Promotion

Business students must read about 4P in marketing subject that is immortal policy, still work. Product right product as demand. Select location of business, outlet where suitable, is most important decision to be successful. Fix price keeping mind of competitors and costing. Promotion that is must continue to increase sell of goods and services. Out of sight and out of mind. It might need to write long article on promotion.

Looking for small office?

1. Virtual address

2. 1–2 desk rent by low cost

Are you a SME owner? Not to invest at the beginning unless confident is grown is recommended. Rent virtual address or single desk by RM 500/- to sit one staff as your representative. It is safe mode if rent 1–3 ready desk as all are ready for you. No hassle of WiFi, Bill, Decoration, Buy furniture, Air Condition, Security door lock etc.

Visa/ Work permit issue?

1. Contact S & F Team

2. Manage all certified copies

3. Sales Invoices

4. Rental deed

5. Financial statement and forecasting

6. Office bill copy

7. Employee list

8. Appointment

Hiring staffs

1. Through jobstreet.com

2. Salary

3. EPF and SOCSO

You may run business hiring local staff until foreign employees hiring permission is managed by immigration of Malaysia. Jobstreet is number 1 job site in Malaysia to publish advertisement. Average salary scale of Malaysia is as follows:

Executive: RM 2500

Asst Manager: RM 3000–4000

Manager: RM 4500–6000

EPF, Employee Provident Fund contribution as employer is must. Social Responsibility is also part of contribution as employer. Unless do contribute will be fined as law.

International Banking

1. Foreign banks vs local bank

2. Easy bank account open

Team member of S & F Consulting Firm Asia Sdn Bhd are expert and well connected with foreign bankers. Indeed, bankers regularly visit office to meet client of S & F and assist to open bank account. 3 times partnership awards were given by foreign banks to S & F being well client support.

Business operation

1. Hire local staff and monitor

2. Hire foreign staffs

3. Rent ready desk/ office

Business operation is not easier unless local staffs are hired and worked friendly. To hire staff from own country must apply to immigration department with supporting papers. Check with S & F to guide you properly. Renting office is costly as you must carry 1. Security deposit 2. Decorate office 3. Connect WiFi 4. Buy Air-condition 5. Buy furniture 6. Laptop 7. Printer 8. Coffee machine 9. Receptionist and so on.

Taxation

GST/ SST: 6 percent is SST as current rate. And, additional tax (8% to 15%) on production goods for manufacturing companies.

Expand business in another country

Singapore, Dubai, Qatar, Canada, NZ, Mauritius, S. Africa, Bangladesh, Sri Lanka, etc.

Contact us for an Sdn Bhd company registration in Malaysia:

Email: info@sfconsulting.com.my
Phone: +601136901890, +601126476182 (WhatsApp, Viber, IMO available)
Office Address: A-03–13 Tropicana Avenue, No 12 Persiaran Tropicana, Tropicana Golf & Country Resort PJU3, 47410 Petaling Jaya, Selangor, Malaysia