Why Invest in Malaysia?
Updated on Monday 23rd January 2023
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Malaysia represents one of the top investment destinations situated in Asia. With a liberalized economy, this country has not been affected by the economic crisis that hit Occidental economies. Businessmen interested in setting up a company in Malaysia have several business opportunities, especially in the trading activities. Our team of company formation representatives in Malaysia can offer assistance for the registration of one of the legal entities available to foreigners.
Malaysian human resources
The human resources represent one of the most important assets of any company, regardless of the incorporation location. Malaysia has a qualified, productive workforce, which is considered one of the most developed in the region.
Liberalized economy in Malaysia
Not long ago, the Malaysian authorities applied numerous restrictive policies for foreign investors, but this has changed, with main economic sectors being now liberalized. However, several industries are still not available to foreign investors, such as the renewable energy sector. More freedom is being offered when incorporating a company in Malaysia as a foreigner. Foreign businessmen are now allowed to incorporate companies with a 100% foreign ownership, but the regulation is not applicable to all industries; our team of company formation agents in Malaysia can offer more details on this matter.
We confidently recommend our team of accountants in Malaysia who can help you with everything related to bookkeeping, audits, payroll, tax registration, debt monitoring, preparation, and filing of annual financial statements. We also collaborate with entitled financial authorities so that your company is aligned with all the formalities and legislation modifications if any. It is much more advantageous to collaborate with an accounting firm, instead of an entire department, because the costs are affordable and the services efficient.
Malaysia, a technology hub
The technology field is sustained in Malaysia through many policies, which have led to the development of this sector. Amongst the countries in the region, Malaysia is one of the most advanced states in terms of technology and industrialization.
The infrastructure in Malaysia is very well developed and businessmen should know that they can benefit from high-quality services. The telecommunications system is delivered to its end customers through fiber optic and digital services. The road system and transportation are also developed and it is important to know that Malaysia provides free zones with certain benefits for investors.
When investing in Malaysia, entrepreneurs should study the local economic environment and the trading field. This country is involved in trading several products and the most important are: crude oil, palm oil, rubber, and timber.
The Gross Domestic Product growth in 2015 was set out at 5,5% and the income per capita is $ 9,488.
Businessmen interested in receiving further information on the investment market available in Malaysia can address to our team of company incorporation consultants in Malaysia.