Articles
Learn how to start and properly operate a business in Malaysia. These articles are also useful for new business owners.
Industry Guide
What is a company secretary?
Posted at: 01-08-2022
If you have no experience in starting a company, you’re probably wondering about the purpose of paying a monthly fee to an appointed company secretary for your Sdn Bhd. What exactly do they do, and why is it a must for every company to appoint one? The following article will explain more.? Company secretary?? [Secretarial… Continue reading What is a company secretary?
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Industry Guide
Industry Guide on How To Set Up a Coffee Shop Business in Malaysia
Posted at: 01-08-2022
As the saying goes: “As long as there was coffee in the world, how bad could things be?”. Indeed, coffee has become the mainstream beverage in today’s society. Rather than merely a popular beverage, it has become a necessity for many people all around the globe. Malaysians are not excluded from this trend too. Dating… Continue reading Industry Guide on How To Set Up a Coffee Shop Business in Malaysia
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Industry Guide
Things to Know About Agriculture Business in Malaysia
Posted at: 25-07-2022
Food, the fuel to our human lives for us to continue with our daily activities. When we talk about food, agriculture is unquestionably the largest sector contributing to our food supply. In Malaysia, this industry is favoured thanks to the geographical advantages we have in our country. From family-run farms to multinational corporations with a… Continue reading Things to Know About Agriculture Business in Malaysia
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Industry Guide
Industry Guide on How To Start a Private Education Business in Malaysia
Posted at: 24-07-2022
The number of international schools in Malaysia has increased due to the nation’s expatriate population. Compared to public schools, there are now more international schools within the capital. Not to mention, Malaysia also has private schools to fill the gap of quality education. For the sake of development, Malaysia’s public school curriculum has undergone several… Continue reading Industry Guide on How To Start a Private Education Business in Malaysia
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Industry Guide
How to start a Spa business in Malaysia
Posted at: 21-07-2022
In Malaysia, the beauty spa and wellness sector are growing quickly. Due to the Covid-19 outbreak, more than half of spa businesses had to close, however spa owners and providers persisted in doing what they do best.? Spa businesses typically offer services like health massage, physical therapy, or water therapy to balance the body and… Continue reading How to start a Spa business in Malaysia
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Industry Guide
How to start a Hawker Stall Business in Malaysia
Posted at: 18-07-2022
Numerous nations in Asia are recognized for their hawker stall businesses. As a result of the different races, Malaysia is diverse and colorful. People can have access to affordable and readily available food. All over Malaysia, there are many hawker stalls. But did you ever consider that some hawkers operate illegally? Most hawkers think by… Continue reading How to start a Hawker Stall Business in Malaysia
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Industry Guide
How to Set Up an Entertainment Business in Malaysia
Posted at: 18-07-2022
The media and entertainment (M&E) industry in Malaysia, like the other sectors, was not exempt from the pandemic’s fury, making it susceptible in a storm of uncertainty. Additionally, compared to other nations, Malaysia’s M&E industry is still developing. However, the M&E sector in Malaysia is predicted to have above-average worldwide growth over the next five… Continue reading How to Set Up an Entertainment Business in Malaysia
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Industry Guide
Industry Guide on How To Set Up a Software Development Business in Malaysia
Posted at: 13-07-2022
We have always heard of the term ‘software development’, but how many of us really know what it is about? Software development refers to a group of computer science tasks involved in developing, deploying, and maintaining software. Did you know that a business opportunity awaits you to pursue? Let us tell you how and why!?… Continue reading Industry Guide on How To Set Up a Software Development Business in Malaysia
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Industry Guide
How to start a Halal-Certified Business in Malaysia
Posted at: 06-07-2022
Although there are many other ethnicities and religions in Malaysia, the Muslim community makes up the majority of the country’s population. To reach the large worldwide Halal market, it is essential to get into the community of Halal seekers. You might need to have your restaurant in Malaysia authorized as Halal to engage the locals.… Continue reading How to start a Halal-Certified Business in Malaysia
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Industry Guide
Industry Guide on How to Set Up a Private Transportation Services Business in Malaysia
Posted at: 04-07-2022
Transportation is one of the inevitable aspects in the daily lives of people living in Malaysia. Thus, there is a high demand for transportation from Malaysians to facilitate their daily activities. The emergence of e-commerce has contributed to the revolution of the private transportation industry, as we can witness the success of companies such as… Continue reading Industry Guide on How to Set Up a Private Transportation Services Business in Malaysia
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Industry Guide
How to start a Home-based Business in Malaysia?
Posted at: 01-07-2022
The economic climate is not what it was prior to the epidemic. Business owners need to always be prepared to adjust to changing circumstances if they want to survive in this tough market. They must be prepared to use local resources to their advantage, and a potential option is now available: home-based businesses. The internet… Continue reading How to start a Home-based Business in Malaysia?
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Industry Guide
Industry Guide on How To Set Up a Yacht Charter Business in Malaysia
Posted at: 01-07-2022
Malaysia, a yachting paradise surrounded by extraordinary natural beauty, extensive coastline and beautiful islands, has a well-deserved honour amongst sailing enthusiasts. As such, the Malaysian government has fully supported the Shipping Master Plan for the period of 2017 – 2022, which is targeted to improve the maritime industry. Thanks to this opportunity, setting up a… Continue reading Industry Guide on How To Set Up a Yacht Charter Business in Malaysia
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Taxation
Things To Know About Personal Tax Clearance for Employers when Employees Leave The Company
Posted at: 28-06-2022
Being an employer is never easy when you have to deal with different issues of your business.? But did you know? When employees are no longer working for the company, this responsibility also falls on the shoulder of employers according to the Malaysian Income Tax Act 1967. Employers have the obligation to inform the Malaysian… Continue reading Things To Know About Personal Tax Clearance for Employers when Employees Leave The Company
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Industry Guide
How to Set Up a Data Centre in Malaysia?
Posted at: 24-06-2022
Malaysia has the potential to become the hub for e-commerce and digital services. It is already home to data centres from big global companies such as Alibaba Cloud, Google and Amazon Web. The data centre industry is anticipated to reach USD800 million by 2025.?? In Malaysia, data centres are driving the new data economy, on… Continue reading How to Set Up a Data Centre in Malaysia?
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Information
Resignation & Removal of Director
Posted at: 24-06-2022
A director is a person who serves on the board of directors of a corporation. The procedure for resignation of director and removal of Director by the Board or Shareholders differs. The outgoing Director can resign by submitting a resignation letter, however the removal of the Director would require a ordinary resolution. We will take… Continue reading Resignation & Removal of Director
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Information
DBKL shuts down 597 business premises run by foreigners
Posted at: 24-06-2022
Kuala Lumpur City Hall (DBKL) has ordered the closure of 597 foreign-owned businesses under Section 101 (1) (v) of the Local Government Act 1976. The order, which took effect on July 20, 2020, forbids foreign nationals from seeking licenses for up to twenty different types of businesses. Hypermarket, supermarket, mini mart, sundry shop, 24-hour convenience… Continue reading DBKL shuts down 597 business premises run by foreigners
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Forms
Know the Statutory Forms of Your Sdn Bhd
Posted at: 15-06-2022
Statutory documents of your company are compulsory when you are planning to set up a business bank account or apply for a payment gateway service for your e-commerce website. ‘Code words’ are normally designated for each of the documents required, such as F9, F13, F24, F32A, etc. which the public might find ambiguous about. It… Continue reading Know the Statutory Forms of Your Sdn Bhd
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Closing Down
Closing of Business for Sole-Proprietor and Partnership
Posted at: 15-06-2022
In the year 2022, the pandemic has been ongoing for nearly three years now. Not only has it reshaped various sectors across the globe, it also continues to profoundly disrupt various aspects of our lives. Regardless, life goes on. In Malaysia, the economy started to recover in the fourth quarter of 2021. While some businesses… Continue reading Closing of Business for Sole-Proprietor and Partnership
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Taxation
Understanding Company Tax Rates
Posted at: 13-06-2022
Understanding Company Tax Rates To start up a business in Malaysia, a better understanding of company income tax requirements by the Inland Revenue Board (LHDN) and the Royal Malaysian Customs Department (RMCD) will ease the struggles faced throughout the growth of your business. Malaysia’s company tax is administered by the Income Tax Act 1967, whereby… Continue reading Understanding Company Tax Rates
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Industry Guide
Starting a travel agency business in Malaysia
Posted at: 10-06-2022
The growth of tourism has grabbed the attention of the government as one of the primary business areas driving the Malaysian economy. Malaysia has experienced an influx of approximately 6 million tourists annually in recent years, the majority of them are from China and India. All of these phenomena have undoubtedly had a positive influence… Continue reading Starting a travel agency business in Malaysia
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