Foreign and local companies should appoint a tax representative in Malaysia before starting their activities. The respective specialist can take care of registration for VAT payment, plus other responsibilities. In the lines below you can find out what a fiscal representative is and how it can be useful to you,…
In Malaysia, the public limited company (Berhad) is suitable for big companies and addresses foreign investors who want to open a business in this country and also sell company shares to the general public. Thus, this alternative is suitable for those interested in a joint stock company, a business structure…
You can benefit from the services offered by our accountants in Malaysia if you are interested in payroll in Malaysia. Our specialists can explain the steps and procedures for calculating and delivering salaries in a company registered in this country. We invite you to read in the following lines, details…
Malaysia and Austria signed a double tax treaty on the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This agreement became effective since January 1st, 1987. The provisions of this treaty apply to taxes on income, imposed by the contracting states, irrespective of the…
An information technology (IT) company can refer to a wide area of business domains. In Malaysia, investors are welcomed to open a company, following specific regulations. However, since the IT domain is rather vast, the investors will have to obtain specific licenses which will allow the right to perform a designated business activity on the Malaysian territory. Our team of company incorporation…
A holding company in Malaysia is registered with the sole purpose of controlling and managing the assets and the investment policies of another company. Usually, the holding company represents a parent company for the other businesses in which it holds voting shares; the holding company can own voting rights in more companies. This type of company can also be incorporated with the purpose of owning various types of properties, usually in the…
A joint venture in Malaysia can only be registered under a company limited by shares or as a partnership. Malaysian authorities have recently changed many of their regulations referring to the foreign capital and it is important to know that the company limited by shares can now be fully owned by foreigners. However, the regulation is not applicable to all business…
Businessmen who want to open a company in Malaysia have many different options through which they can do so. More than this, the local legislation has recently been changed in order to provide more access to foreign investors interested in company formation in Malaysia. However, it is recommended that businesses set up here have a website,…
The foundation represents a business structure that can be registered in Malaysia with the purpose of providing financial assistance to a wide range of groups of persons. It can be set up in order to help students, sustain various fields, or offer assistance to special categories of persons (disabled, poor, etc.). It is important to…
The catering industry in Malaysia is very well developed, especially in large, urban areas of the country. There are numerous types of restaurants, with menus comprised of both local and international cuisine. A restaurant opened in Malaysia should be registered under a certain legal entity, chosen in accordance with the business plans of the investor. As such,…
