Support for establishing a local subsidiary in Malaysia

Establishment of a local company in Malaysia on behalf of our clients

Establishment of a local company in Malaysia on behalf of our clients

Although it is easy to establish a company in Malaysia, the required licenses, capital amounts, etc. will vary depending on the type of business and the nature of the business.

Our Japanese certified public accountants and tax accountants provide one-stop support for the establishment of a local company, including preliminary planning, company establishment, subsequent company management, and, if necessary, advice on tax issues on the Japanese side.

Online meetings (one free of charge) are available, so please feel free to contact us.

If you want to incorporate a company in Malaysia, leave it to SENTRO!

Steps to Establishment

Steps to Establishment
STEP
Definition of requirements for incorporation
STEP
Application for permission to use company name
STEP
Preparation of incorporation documents
STEP
Submit each document to the Malaysian Registrar of Companies

*Establishment time: approximately 2 to 4 weeks

Requirements for Establishment

amount of capital

amount of capital

The company can be established with a minimum capital of RM1, but if applying for a visa or in industries that require certain licenses, the capital must be increased to the prescribed amount.

At least one shareholder

At least one shareholder

There are no nationality/residency requirements, and Japanese nationals residing in Japan are acceptable. Corporations of any nationality can also be shareholders.

Major Industries

Major Industries

You must decide on the main type of business in the corporation in question. This can be changed later.

At least one resident director

At least one resident director

A resident director is defined in the Malaysian Companies Act as a person who has his/her sole or principal place of residence in Malaysia. If you do not have such a person, please contact us for advice. We can also provide a nominee director service.

Name of company you wish to work for

Name of company you wish to work for

The company name must be applied for and approved by the registry office. Some names may be rejected, so please let us know your three preferred company names in order of preference to ensure a smooth application process.

Procedures for opening a bank account

STEP
Start of procedure

Upon completion of registration, we will begin the process of opening a corporate bank account.

STEP
Prepare account opening documents and company seal

In addition to the bank’s prescribed documents, various registration documents and passport copies are required, and all documents must be signed by the company secretary (Certified True Copy: CTC). We will prepare all documents and company seal except for the bank’s prescribed documents.

STEP
Preparation of Director Resolutions

You will be asked to sign a prescribed resolution form that we will prepare for you. The currency of the account to be opened, the person authorized to sign, etc. must be determined in advance.

STEP
Procedures at branch counter

All directors must have their passports authenticated at the bank.

STEP
Completion of account opening

After account opening is completed, the bank will transfer the minimum amount prescribed by the bank as a deposit.

Estimated time required to open a new office: approx. 1 month