COSEC 20 August 2024

Introduction 

Penang, often referred to as Malaysia’s “Silicon Valley of the East,” presents an unparalleled opportunity for foreign investors looking to establish a robust presence in Southeast Asia. As a strategic investment destination, Penang offers unique advantages that make it an attractive hub for international businesses.

Why Penang?

Penang is the Manufacturing Powerhouse of Malaysia. Penang isn’t just another industrial location—it’s a sophisticated ecosystem designed to support high-tech and precision manufacturing.

Comprehensive Company Formation Services

1. Company Registration and Incorporation

Setting up a business in Malaysia requires meticulous attention to detail. Our firm offers comprehensive company formation services. Our services include:

  • Complete documentation preparation
  • Certification of all relevant documents
  • Direct coordination with the Companies Commission of Malaysia (CCM)
  • Drafting and reviewing the company constitution

2. Mandatory Licenses and Registrations

Navigating Malaysia’s regulatory landscape can be complex. We provide full-service support in obtaining critical business licenses and registrations, including:

  • Business Premise License
  • Advertising License
  • Employer and Income Tax File Registration
  • Employee Provident Fund (EPF) Registration
  • Social Security Organization (SOCSO) Registration

Specialized Support for Manufacturing Businesses

For companies in the manufacturing sector, we offer specialized assistance:

Manufacturing License Application

Our team works closely with the Malaysian Investment Development Authority (MIDA) to:

  • Conduct initial consultation
  • Gather necessary information
  • Prepare and submit comprehensive application forms
  • Liaise with authorities to ensure timely approval

Legal Consultation

Our Monthly Unlimited Legal Consultation service provides clients with comprehensive legal support for a fixed fee. This includes unlimited access to legal advice, allowing you to ask questions as they arise. We also offer document review services to ensure your interests are protected, and we can draft contracts tailored to your specific requirements. This service is designed to provide ongoing legal assistance, helping you navigate various legal matters with confidence.

Conclusion

We provide one-stop solutions for foreign businesses to navigate through the complexities of Malaysian business rules and regulations.

Our law firm specializes in providing end-to-end support for international companies seeking to establish their presence in this dynamic region.

For more information, kindly contact us at +60115430-4970 or +604602-4970 or email us at penang@nglaw.com.my.

Disclaimer: This article contains general information only AND shall not constitute legal advice.

 

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