Registering a company in Malaysia
My last post discussed the biotech landscape in Malaysia. Now I want to talk about setting up a company there. Malaysians can register sole proprietorship firms and co-operatives, partnership firms, private limited and public limited companies with the Companies Commission of Malaysia (CCM). However, foreigners cannot set up sole proprietorship or partnerships in Malaysia, unless they have permanent residency (PR) or have availed citizenship under the “Malaysia My Second Home” (MM2H) program. There is no restriction on maximum shareholding, meaning that foreigners can own 100% of a private limited company. However, it is mandatory to apply to the Foreign Investment … Read more