Yes. A foreigner can own 100% equity in a Sdn. Bhd., subject to certain industries and licensing requirements. However, at least one director must reside in Malaysia (ordinarily resident) to comply with the Companies Act 2016.
Once all documents are in order, the incorporation process typically takes 3–5 working days after submission to the Companies Commission of Malaysia (SSM).
For individuals:
- NRIC or passport copy
- Proof of Residential address
- Proposed company name and business nature
- Paid-up capital and shareholding structure
For corporate shareholders:
- Company profile
- Board resolution authorizing incorporation
- Certificate of incorporation
Yes. Under Section 236 of the Companies Act 2016, every company must appoint a qualified company secretary within 30 days of incorporation.
This individual must be licensed by the Companies Commission of Malaysia (SSM) or a member of a prescribed professional body (such as MAICSA, MIA, or the Malaysian Bar). A licensed company secretary ensures your company complies with the Companies Act, maintains statutory records, prepares and files required documents with SSM, and handles resolutions and annual returns.
While we cannot open the account on your behalf, we assist with preparation of required documents and coordinate with major local banks to ease the process for you.
Yes, we can guide you on applying for relevant business licenses based on your industry. For foreign-owned companies, we also provide advisory support for expatriate work permits in collaboration with licensed agents.
Yes, you may change your company secretary at any time by passing a board resolution and notifying SSM. We can assist with a smooth transition process.
Share issuance refers to the process of creating and allocating new shares in a company to new or existing shareholders. It’s commonly done to:
- Raise funds for business growth
- Bring in new investors or partners
- Reward employees through equity schemes
- Restructure ownership among founders and stakeholders
Avoids future disputes between shareholders or investors
- Protects founders’ control and voting rights
- Helps in raising capital more efficiently
- Ensures clear dividend, voting, and exit rights
- Enhances your company’s credibility with stakeholders and authorities
Business Process Outsourcing (BPO) involves hiring a third-party service provider to manage non-core business functions such as payroll, bookkeeping, and administrative support.
We offer specialized BPO services to help businesses reduce costs, improve efficiency, and focus on their core growth activities.
Absolutely. BPO is not just for large corporations - in fact, SMEs benefit the most. Outsourcing functions like accounting, payroll, and back-office support allows SMEs to access professional expertise, stay compliant, and scale their operations without the burden of building large internal teams.
All types of businesses can benefit, especially:
- Startups looking to stay lean and agile
- SMEs seeking cost-effective expertise
- Growing companies needing scalable support
- Foreign companies setting up operations in Malaysia
Our services are designed to adapt to different industries and business sizes.
Not at all. With BPO, you maintain full control and oversight. We act as an extension of your team, working closely with you while you retain decision-making authority. Our role is to support you, not to replace your strategic input.
IFRS (International Financial Reporting Standards) are globally recognized accounting standards used to prepare and present financial statements.
Adopting IFRS enhances the transparency, consistency, and comparability of your financial reports, making it easier to attract investors, secure financing, or expand internationally. It is especially important for businesses planning for growth, cross-border transactions, or IPOs.
Ideally, you should start preparing at least 18 to 36 months before your planned listing.
IPO preparation involves not only meeting financial and regulatory requirements but also strengthening your internal controls, governance structures, and financial reporting systems. Early preparation ensures a smoother, more successful listing process.
We have strong knowledge of both Malaysian and international regulatory and financial frameworks. Whether you are a Malaysian company expanding abroad or an international company entering Malaysia, we provide advisory services that align with local and cross-border requirements.
In Malaysia, businesses and individuals are subject to various taxes, including:
- Income Tax: Both individuals and companies are required to pay income tax based on their earnings. Corporate tax rates vary, with the rate between 15%-24% for most of the Malaysian Companies.
- Sales and Services Tax (SST): SST is a consumption tax applied to goods and services, with different rates for different types of goods and services.
- Withholding Tax: This tax applies to payments made to non-resident individuals or companies for services rendered, royalties, interest, and dividends.
- Stamp Duty: Levied on agreements and documents related to property transactions, shares transactions, business agreements, etc.
Low Value Goods Tax (LVGT) is a tax imposed by the Malaysian government on low-value goods imported into Malaysia. This tax was introduced as part of Malaysia's efforts to enhance its tax base and regulate e-commerce transactions, especially in response to the growing trend of cross-border online shopping. LVGT is applicable to goods imported into Malaysia that have a value of RM500 or less per shipment.
Tax audit involves a review of your financial records and tax filings to ensure compliance with tax laws. To prepare for tax audit:
- Ensure your records are accurate and up to date (accounting books, tax returns, invoices, etc.).
- Review your tax filings and deductions to ensure they align with the regulations.
- Be transparent and cooperative with the auditors, tax agents, as well as the tax officers.
Keyman Insurance protects your business from financial loss in case a crucial employee, partner, or executive unexpectedly passes away or becomes disabled. It provides funds to cover operational costs, debt obligations and recruitment of a replacement, ensuring business continuity during challenging times.
The best time to start succession planning is now — whether you’re a business owner nearing retirement or simply preparing for unforeseen circumstances. A well-structured plan ensures a smooth leadership transition, prevents internal conflicts (especially in partnerships) and safeguards the company’s long-term success.
Offering competitive financial incentives such as executive compensation plans, insurance-based benefits and long-term savings schemes can significantly enhance employee loyalty. These benefits demonstrate your commitment to their well-being, making it harder for top talent to leave for competitors.
The most common business entity for entrepreneurs is a Private Limited Company (Sdn. Bhd.). It offers limited liability, separate legal status, and is ideal for both local and foreign-owned businesses. Other options include Sole Proprietorship, Partnership, and LLP (Limited Liability Partnership).