Why should you incorporate in Malaysia?
When it comes to incorporating a company, Malaysia should be on your consideration list. Its strategic location and unique multicultural talent pool have been recognized as the 6th easiest and friendliest place for you to set up your business in Malaysia.
There are several types of business entities that are available for you to incorporate. Foreigners can have 100% ownership in registering a company in Malaysia.
Compared to other countries in Asia, Malaysia is another cheaper alternative to Singapore. The cost of setting up a business in Malaysia and maintaining the company is considered lower than in some other countries. The double taxation practices with more than 70 countries worldwide gives foreign investors a favourable tax rate. The flexible banking system allows foreign investors to access foreign currency accounts easily.
In addition, the developed infrastructure enables your business to have good access to logistics. Travelling to other places or countries is very convenient and fast. Various communication channels are available for you to communicate efficiently.
With a rich and highly skilled talent pool available in Malaysia, there are no worries about workforce shortage. Plus, you don’t have to worry about communication as the unique local culture enables talents with no language barrier. So, how to incorporate a company in Malaysia? WeCorporate provides you with extensive consulting services and advanced technologies to incorporate your business hassle-free and better control your business development.