ORGANIZATIONAL STRUCTURE BUSINESS
Malaysia offers various forms of business models that can be used to set up business in the country. Running business in this country can be extremely rewarding. We offer comprehensive information throughout the business lifecycle. A business organisation may take any of the following forms:
- Sole trader or proprietor
- Company (Private Limited Company, Public Limited Company or Branch of aForeign Company)
- Unincorporated Association
- Representative and Regional Office
- Operational Headquarter (OHQ)
- International Procurement Centre (IPC)
- Regional Distribution Centre (RDC)
The most common forms of business entities are companies, and to some extent, representative and regional offices, OHQs, IPCs and RDCs. All companies in Malaysia are governed by the Companies Act 1965. All companies are required to be registered with the Companies Commission of Malaysia (CCM). Company limited by shares is the most common type of company structure in Malaysia. Such limited companies may be either private or public.
Before starting your business, you should register your choice of business and obtain the necessary licenses and permits. In addition, you should have identified the location and site suitable for your choice of business.
For more information, click on the links below: