In Southeast Asia, Malaysia is the go-to country when it comes to setting up a business. Malaysia is also included in the list of top ten countries around the world for doing business. This can be attributed to the steady economic growth experienced by the country and its willingness to welcomes investment from entrepreneurs and business owners from the world over. The strategic location of the country has also contributed to it becoming the investment destination in the region. Other factors that have also worked in Malaysia’s favour include strengthening of the country’s internal stability and a day-to-day improvement in lifestyle. As such, there is an unprecedented increase in investment opportunities and demand for setting up businesses in Malaysia.
Basic Requirements To Be Satisfied For Business Formation In Malaysia
- There should be at least one subscriber to your company shares.
- There should be at least one director (18 years or above) for your company and he/she should be residing in Malaysia. There should not be any criminal record against the director and he/she should not be bankrupt.
- Your company should have at least one company secretary. Further, the company secretary should be licensed by the SSM or he/she should be a member of one of the approved/recognized professional bodies.
- Your company must be having a registered office located in Malaysia. All notices and letters will be sent to this addressed.
QX Trust Company Limited
One of the major reasons as to why we have been developing QX Trust Company Limited as an expert service provider in the field is because of the increased demand for business formation in Malaysia. At QX Trust, we have the experience and expertise to help you in the formation of companies in this Southeast Asian country. We understand that you have to overcome many challenges when you decide to start a business, especially in any foreign country. We know that you have to face a set of trials and tribulations when decide to go ahead of with building a start-up. Often, the processes and procedures involved in establishing a business can be extremely confusing as well. Therefore, we will provide you the guidance you need right from the start till the establishment of the company to make it a hassle-free experience for you.
At QX Trust, we do not function just like any other service provider. We will provide you with business consulting services as well. Now, we can also act as your company secretary as we hold the necessary license. This makes your business incorporation in Malaysia with the Companies Commission of Malaysia (SSM) a hassle-free affair. The entire process of incorporation of a company can be completed in a period of about 5 to 7 days.
If you are interested in partnering with QX Trust for business formation in Malaysia, you can give us a call right away and schedule an appointment. Alternatively, you can send a message to us and we will get in touch with you at the earliest opportunity.