Malaysia, the Third Global Economy at Retail Investment Worldwide

Updated on Thursday 06th July 2017

Malaysia, the Third Global Economy at Retail Investment Worldwide Image
Retail investments in Malaysia are a solid field in this country. Foreing businessmen who are interested in starting the procedure of company formation in Malaysia in this domain should know that the country was granted with the title of the third jurisdiction at a global level on performing retail investments. It is also important to know that Malaysia received this title for the second consecutive year. Our team of company formation representatives in Malaysia can offer in-depth assistance on the main regulations concerning retail investments
 

Global Retail Development Index in Malaysia  
 

The investments carried out in Malaysia had a positive effect on the local economy. In the Global Retail Development Index (GRDI), Malaysia ranked on the third position, after other two Asian countries - China and India. 
 
Businessmen who want to open a company in Malaysia in the retail sector should know that this industry increased in 2016 due to the following economic activities: 
 
tourism industry; 
the level of disposable income;
local investments for infrastructure projects. 
 

Retail industry in Malaysia in 2016 
 

At the level of 2016, the retail industry marked an important increase. The sales registered in this field increased by 3.8%, while the private consumption expanded by 6.1%. 
 
At the same time, the number of foreign companies in Malaysia performing business activities in the retail sector increased in 2016. The interest for the field was observed for both traditional and online retail activities
 
Businessmen interested in company registration in Malaysia as retail operators in the online environment will need to establish a website that will provide an online shop that should meet specific criteria. For example, the legal entity will need to establish a merchant account that will allow various types of online payments. Our team of company registration consultants in Malaysia can offer more details on this matter.  
 
As mentioned above, the tourism industry was one of the main reasons related to the increase of the retail investments. At the level of 2016, Malaysia registered a number of 26 million tourists, while the projections for 2020 estimated that the tourism field will increase at 36 million visitors
 
Businessmen interested in receiving further information on the retail legislation are invited to contact our team of company formation agents in Malaysia

Ben

July 6, 2017

Interesting information!



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