Incorporation of company
Let us take you through the relevant information with 5W2H!
What？
What is Limited Company？
A limited company is an independent entity with legal status, investors (shareholders) contribute money, and the chairman runs the company.
Who？
What is Limited Company？
A limited company is an independent entity with legal status, investors (shareholders) contribute money, and the chairman runs the company.
Who？
Who can set up a limited company?
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Can only established if you are over 18 years old
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Malaysian, Foreigner
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Non-Bankruptcy
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Create a professional image for your company and increase credibility
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Independent entity, personal and company assets will be separated
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It is easier for companies to obtain financing and expand their businesses,
Let the company get better profits
To set up a company, you need to provide a local and valid business and residential address.
When?
How?
Need to concern
When?
Personal income tax is 30%. You can consider setting up a limited company.
Because corporate income tax is fixed at 24%.
*It is more suitable to set up a limited company when you need financing*
*It is more suitable to set up a limited company when you need financing*
How?
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Local citizens need to provide IC
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Non-citizens need passport and visa
Need to concern
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Corporate tax
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Secretary Fee
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Nominee Director Fee
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Audit Fee
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Tax Agent Fee
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Account Fee
US 17503 
BR 16320 
GB 12245 
CA 9645 
AU 7713 
IE 5234 
IN 3545 
BD 1712 
