What are the minimum requirement of setting up a foreign owned company in malaysia?

Asked Feb 27, 2017
By foreign owned company, it means the company is owned and controlled by directors from foreign country. To set up the foreign business in Malaysia, the government will first look for the benefits to the Malaysian economy and the employment. The basic requirements for setting up a foreign owned company in Malaysia is that the company should have a minimum paid-up capital of RM1 if the business falls under advisory and consultancy sector and if it is an import, export, restaurant or a trading company, then the paid-up capital is RM1,000,000. Recently I registered my restaurant in Malaysia and I had a paid-up capital of RM1,250,000. I did the registration with 3E Accounting company and they did a clean work for what they have been paid for.
Answered Feb 28, 2017

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