How Can a Foreigner Open a Company in Malaysia?

A Simple Guide for Non-Malaysians Starting a Business in Malaysia
2026年3月9日 单位
How Can a Foreigner Open a Company in Malaysia?
CONZLAB BERHAD 202301040401 (1534320P), Jeffrey Eh

Malaysia is a popular destination for foreign entrepreneurs because of its strong economy, strategic location in Southeast Asia, and business-friendly environment. Many foreigners choose to set up companies here to access regional markets.

Foreigners can legally open a company in Malaysia by registering a Sdn Bhd (Private Limited Company) with the Suruhanjaya Syarikat Malaysia (SSM).


Can Foreigners Own a Company in Malaysia?

Yes. Foreigners are allowed to own 100% of a company in Malaysia in many industries.

However, certain sectors such as education, tourism, agriculture, and retail may have special licensing or local ownership requirements.

It is important to check the regulations before starting the registration process.

Requirements for Foreigners to Register a Company

To open a company in Malaysia, foreigners usually need the following:

1. At Least One Director

A Malaysian company must have at least one director who is a resident of Malaysia.

This director must:

  • Be at least 18 years old
  • Have a residential address in Malaysia
  • Not be disqualified under company law

Foreigners can also be directors if they have the proper residency status.

2. Shareholders

A company must have at least one shareholder.

  • The shareholder can be a foreign individual or foreign company
  • The shareholder can also be the director

Many foreign companies own 100% shares of their Malaysian company.

3. Company Secretary

Every Malaysian company must appoint a licensed company secretary.

The secretary ensures that the company follows legal and compliance requirements under Malaysian corporate laws.

4. Registered Business Address

The company must have a registered address in Malaysia for official correspondence.


Steps to Open a Company in Malaysia

Step 1: Choose a Company Name

The proposed company name must be submitted and approved by SSM.

Step 2: Prepare Company Information

You will need to provide:

  • Director and shareholder details
  • Passport copies for foreign owners
  • Company address
  • Business activity description

Step 3: Register the Company with SSM

The company registration will be submitted to

Suruhanjaya Syarikat Malaysia.

Once approved, the company will receive its Certificate of Incorporation.

Step 4: Open a Corporate Bank Account

After registration, the company can open a business bank account in Malaysia.

Banks may require directors to be physically present for verification.

Step 5: Apply for Business Licenses (If Required)

Depending on the industry, businesses may need additional licenses from local authorities or government agencies.

Why Many Foreigners Start Businesses in Malaysia

Malaysia offers several advantages for foreign investors:

  • Strategic location in Southeast Asia
  • Competitive corporate tax rates
  • Developed infrastructure
  • Access to regional markets
  • Business-friendly regulations

These factors make Malaysia an attractive destination for international business expansion.

Need Help Registering a Company in Malaysia?

Not sure how to start your company as a foreigner in Malaysia? We’re here to help.

Our experienced team can assist with company .Contact us today to make your company setup process simple and hassle-free.

Contact Us


Advisor

Jeffrey Eh Hao Yih , Director 

Jeffrey has been providing expert guidance for businesses dealing with ongoing challenges. With his expertise, he aids clients in strategic business planning, streamlining operations, and enhancing productivity. Additionally, Jeffrey offers diverse business technology services to help digitize traditional businesses effectively.

How Can a Foreigner Open a Company in Malaysia?
CONZLAB BERHAD 202301040401 (1534320P), Jeffrey Eh 2026年3月9日
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