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Showing posts from 2020

You can start in the UAE Business without investment

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The UAE is a hotbed of business ideas. It seems there is no industry here that is not in the ascendance. Naturally, this attracts entrepreneurs from around the world, looking to take advantage of the country’s thriving economy and supportive business environment. For many other would-be entrepreneurs, this dream of launching a business in the UAE remains exactly that – a dream. However, it doesn’t have to be that way. There are many businesses that can be started in the Emirates with minimal paperwork and – most importantly of all – little to no investment. To help you turn your entrepreneurial dreams into a reality, here are seven businesses you can start in the UAE without investment. Low cost business ideas in Dubai, UAE An increasing number of UAE residents now own pets. And with a nation made up largely of expat workers, those pets need looking after while their humans are at work. As a professional pet sitter, you simply travel to the home of the owner to care...

Malaysia Social Security Coverage Extended to Foreign Workers

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This report covers Malaysia’s requirement that foreign workers be registered with the social security system and contribute to the employment injury scheme. SUBSCRIBE To subscribe to GMS Flash Alert, fill out the subscription form. Effective 1 January 2019, employers in Malaysia that hire foreign workers (excluding domestic servants), including expatriates, with valid documents, must register their employees with SOCSO (the country’s Social Security organisation) and contribute to the Employment Injury Scheme.  Under the Employment Injury Scheme, foreign workers, including expatriates, are eligible for medical benefits, temporary/permanent disablement benefits, constant-attendance allowance, dependent’s benefits, and rehabilitation.  However, benefits from the Invalidity Scheme do not extend to foreign workers, including expatriates. WHY THIS MATTERS Prior to 2019, SOCSO was not mandatory for expatriates.  With implementation of the new rules...

How to Register a Company in Malaysia Online through ezBiz (by SSM)

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Do you have a company or business in Malaysia? Have you registered your company under SSM? Most of us are giving excuses like we don’t have time to visit the SSM office. How about online registration? Is it possible? Yes, it is possible to register your company in Malaysia online via the ezBiz portal by Suruhanjaya Syarikat Malaysia (SSM). However, it is still not 100% online (especially for those who never start a company), the reason is that, in order for you to registeryour ezBiz company in Malaysia online , you are required to visit the SSM office at least once in a lifetime for the ezBiz account activation. You might be interested to read How to Register a Company in Malaysia with SSM (Step-by-step Guide). In this article, we explained in details the 5 steps required to successfully register a Sole Proprietorship or Partnership business in Malaysia. If you are planning to register a Sdn Bhd Company in Malaysia, read our article on...

Registering a Sdn Bhd Company in Malaysia

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Planning to start your very own business in Malaysia? Then this how to register a Sdn Bhd company in Malaysia guide is exactly what you are going to need as you get started on incorporating your very first company in Malaysia. What is a Sdn Bhd Company? Let’s start with the most obvious question – what is a Sendirian Berhad (or Sdn Bhd, as it is commonly known) company anyway? A Sdn Bhd company is a legal business entity in Malaysia that has its liability limited by shares. When you register a Sendirian Berhad company, you will be incorporating a private company, and the words Sdn Bhd will appear together with the company’s name. A Sdn Bhd is also the most common form of business entity in Malaysia, with many foreign and local entrepreneurs opting to register a Sdn Bhd company. The reason why Sdn Bhd companies are the most popular business entity option in Malaysia is because it is a separate legal entity from its shareholders. This mean...

REGISTER COMPANY IN MALAYSIA AS FOREIGNER

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Malaysia ranked as the number 1 country in the world for easy business process and most friendliest in doing investment by the CEO World report 2018. Strategic location, stability, affordable living with full of business investment opportunities in Malaysia increased the demand of setting up companies in Malaysian soil. Where we are making it more legal & easy for you. You will love to  register your company  with us because, as per thunder quote’s - "Top twelve company & accounting service provider in Kuala Lumpur 2019" research listing, we Business Adviser Sdn Bhd secured the 2nd best place. There are some key points that you need to plan before Register Company: What kind of business are you planning? What licenses and approvals would you need to start your business in Malaysia? Have you prepared a business plan? Are you prepared for the costs involved in registering a company? The requirements to form a comp...

Set up a partnership company in Malaysia

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One of the options through which an investor can start a business in Malaysia is by registering a partnership. The local legislation prescribes several requirements when choosing this legal entity and our team of specialists in company formation in Malaysia can provide an in-depth presentation on this matter; our specialists can offer legal representation during the registration of any type of partnership in this country.   Foreign investors should know that the registration procedure available for a partnership in Malaysia is performed following the same steps imposed when opening a sole trader, as both business forms are set up by natural persons. These business forms may be registered in Malaysia for the purpose of trade, commerce or craftsmanship or for any other type of activity that can provide a financial gain.  Registering a partnership in Malaysia  Those who are interes...

Malaysian company registration guidelines for local

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INCORPORATION OF A COMPANY MALAYSIA  – Through this Malaysia Company Registration guide, you can gain an understanding of the company registration in Malaysia process, new business registrations in Malaysia, register company online Malaysia and how to register a company in Malaysia. There is a number of requirements you must comply with if you wish to start the registration of a new company, register company in Malaysia and operate business here in Malaysia. We strongly urge you to engage Business AD, the best Malaysia Company Incorporation Package, to help you through this rather complex Malaysia business registration process of setting up your Malaysia Corporation or open company in Malaysia. Foreigners can register a 100% foreign-owned company in Malaysia depends on the business nature. However, self-registration of a new company or self-register a new company in Malaysia is not permitted for foreigners in Malaysia. The two types of companies that c...

Check Your SSM New Company Registration Number Format

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The Companies Commission of Malaysia (SSM) has introduced new format of registration number containing 12 digit characters for company, business and Limited Liability Partnership beginning 11 October 2019. Please click on the link below to check your new company registration number : https://www.ssm.com.my/Pages/Quick_Link/e-Search.aspx This new registration number format will replace the existing company registration number of all companies at a date to be announced by SSM later. Name:  THE EDGE COMMUNICATIONS SDN. BHD. Registration Number: 199301012242 (266980-X) During this transition period, the existing registration number will be displayed along with the new format as shown above. Highlight of SSM’s announcement: For your information, existing registration numbers can still be used in conjunction with the new format of numbers for a period of time that will be notified later. Business owners also do not need to make changes to official letters, i...

List of Companies in Malaysia

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The number of official companies and local company in Malaysia that are  doing business in Malaysia  goes into the thousands if not more. And it is impossible to know each and every company that is currently actively conducting business in Malaysia without going through a business directory. A business directory is a website which will contain all the list of companies according to various categories. Business can be categorised based on location, by business, activity and even size. The list of companies in Malaysia can usually best be found of official government websites, such as the Companies Commission of Malaysia (locally known as the SSM). Why is a List of Companies in Malaysia Useful? If you are a business owner or potential investor yourself, you would want to find out about the other business on the market, especially the ones which could prove to be a competitor towards your business. And that is where having a list of companies in Malaysia would be b...

Best small businesses to start in 2020

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When you have the cash, coming up with a better idea than keeping it idle in your bank account is recommended. And one of the best things you can do is to invest in a business. But with the trends in the business world changing rapidly, you need to be very careful about what kind of small business you’re going to invest in . Here’s a list of five small business ideas to consider. E-Commerce It’s obvious people these days love to shop online. More and more web users buy things online and have them delivered to their doorstep. This means that starting an e-commerce business makes a lot of sense. However, it’s important to mention that launching an online store isn’t as easy as you may think. First, you’ll need to find a company whose products you’re going to sell in your online store. Moreover, you’ll need to set up an easy-to-use website and promote it online. Luckily, there are plenty of low-cost online marketing strategies such as blogging. Even some of the bigge...