Relocation to Malaysia to open a business

Hi tanveers,

you can also have a look at this article: Setting up a business in Malaysia

Good luck,
Christine

Thanks, Christine.

Can anyone else share his/her own experience and provide guidance, please?

Thanks!

hi tanveer .
do you get any details about it.
i am also planning for the same and will be going to KL in first week of november to discuss with consultant and process all details.

2 million min for franchises I know off, have to be Malaysian and now is a bad time in Malaysia. The economy is tanking and even Mamaks and Jalan Alor last Saturday were dead. Never seen it so bad!

Has anyone used or heard of QADKAM? I contacted them and they said, they help assisting opening a Sdn Bhd company and then assist with getting a DP10 visa.

Anyone has any feedback on QADKAM (http://qadkam.com)?

Thanks!

Keep us posted Sachin. So far, I am still researching.

Thanks!

tanveers wrote:

Has anyone used or heard of QADKAM? I contacted them and they said, they help assisting opening a Sdn Bhd company and then assist with getting a DP10 visa.

Anyone has any feedback on QADKAM (http://qadkam.com)?

Thanks!

They also sell fake instagram followers

https://cloudfollowers.com/contact-support/

I'm not suggesting they are less than honest, but I wouldn't go near them.

Nemodot wrote:

2The economy is tanking and even Mamaks and Jalan Alor last Saturday were dead. Never seen it so bad!

Things must be bad if Jalan Alor is dead.
I took a walk through Chinatown a few weeks ago, and that was a mess. All the Chinese stalls are run by Indians and product quality has gone to the dogs.

Fred, Melaka has loads of closed shops as well  I see signs of issues all over. Tried buying some medicines in pharmacists and none had what I wanted. They are not restocking as they are having cashflow problems.

I noticed the shopping centers were a bit empty so it looks like you have about the same problems we have here. Eight years ago the camera shops in Jakarta had window displays you couldn't believe, but about half of the shops have gone now.

tanveers wrote:

Greetings!

Can someone provide a step-by-step guide for Foreigners, opening a company and getting a work visa on their company's name (for self, spouse, and kids)? I did google and basically, I see that you can open and register a company (sdn bhd). But does that company provide you the legal status to stay in Malaysia with your family?

My plan is to open a company and with the investment (RM 500,000) in that company, I buy a franchise. Also, please explain if I must hire a local Malaysian Director and a Shareholder or can I can solely be the Director of my company?

Finally, can I start the process remotely or I have to be in Malaysia to start my company creation and registration?

Thank you!

Hi tanveers,

Hope you have gotten an answer by now. In case anyone else has similar questions and has stumbled upon this post, foreigners can start a privated limited company (we call it Sdn Bhd) as the only director and shareholder, with one condition - you need to reside in Malaysia. You can start the incorporation process on the [link under review] remotely, but it will require you to visit the [link under review] physically for identity verification purposes.

Regarding work visa, if you are opening a tech company, you can check out the [link under review]. Otherwise, you may need to go for Employment Pass (DP10) as [link under review] through the [link under review].