Malaysia Hotline: +603-2141 8908
Establish
a business in Malaysia must go through most important two steps. The
first is the business registration at Suruhanjaya Syarikat Malaysia (SSM) and
the second is local government or city council approval from Lesen Perniagaan /
Majlis Perbandaran.
Step
1: Business Registration at Suruhanjaya Syarikat Malaysia (SSM)
You
need to register the company name with the relevant government department, which
is Suruhanjaya Syarikat Malaysia (SSM). If you want to establish
a business, you need to register a private limited company (Sdn Bhd). You
need to appoint a secretary company to help with the company registration, and Tannet
Malaysia can provide professional services in this area. Basically, you can complete
company registration in one to two weeks.
Step
2: Permit Registration at Local Government / City Council (Lesen Perniagaan/
Majlis Perbandaran)
Each
district has a local government or city council to govern, so you need to know
the actual store location where you want to establish a business. Establish
a business requires approval from the local government or city council,
otherwise there will be a fine conducted. This is a lot of
trouble for new business owners because they need to provide a lot of documents
to local government departments. The documents and forms required for each district
are also different.
Step 3: Looking for the Fire Station
Every
actual storefront needs to be approved by the Fire Department to ensure that
the store is safe. Then you need to buy a fire
extinguisher from the fire station, but you need to decide how many fire
extinguishers you need based on the size of the store. Maintenance
and service fees are required for fire extinguishers every year. Therefore,
it is still recommended to ask the relevant departments what need to prepare. You
can only run your business when get its approval.
Step 4: Inland Tax Bureau - Lembaga
Hasil Dalam Negeri (LHDN)
To
establish a business, you need to be well prepared. Employers need to apply for
a tax number at the Inland Tax Bureau. This is to
facilitate annual tax returns and tax payments. If the tax
return is delayed, the tax bureau will conduct a fine. All
expenses and income must be recorded.
If you want to register a company to start a business in a faster way,
then Tannet will be your best choice. Tannet
Malaysia offers a one-stop professional service to help you solve the above
problems. For more information, please feel free to call the Tannet service
hotline: 603-2141 8908 or email tannetmy@gmail.com, Malaysia company address:
Unit 6.06, Level 6, Amoda 22, Jalan Imbi 55100 Kuala Lumpur.