FAQ
Questions foreign founders actually ask.
What we get asked over WhatsApp every week, organised so you can find what you need fast. Don't see your question? WhatsApp us.
Incorporation basics
Setting up a Sdn Bhd as a foreigner.
Yes for most sectors — technology, SaaS, AI, e-commerce, professional services, trading, manufacturing in many cases. Restricted sectors include telecommunications, finance/banking, oil & gas, and certain regulated industries with foreign-ownership caps. We confirm in your free consultation.
Typically two weeks from first message to fully incorporated and ready to operate. Name reservation and SSM filing usually clear within 1-3 working days. Post-incorporation setup (statutory documents, tax registration, bank intro) runs in parallel.
No. The entire incorporation can be done remotely. We courier signed documents internationally if needed. Bank account opening sometimes requires a single in-person visit, but incorporation does not.
Structure & directors
How directors and shareholders work.
One of each. The director must be a Malaysian-resident natural person — if you're not based here, we provide a vetted nominee director.
A director runs the company day-to-day and has fiduciary duties. A shareholder owns equity. They can be the same person (and usually are for solo founders). Foreign individuals can be shareholders without restriction; only the residency requirement applies to at least one director.
Yes — share allotments and transfers are standard secretarial work. Coordinated under your ongoing engagement, no new incorporation needed.
Banking
Opening a corporate bank account.
Yes — Maybank, CIMB, Hong Leong, and others regularly onboard foreign-owned Sdn Bhds. The key is preparation: clear documentation, sector clarity, source-of-funds explanation. We pre-prepare and introduce.
Yes. Stripe is fully available to Malaysian companies. We've onboarded our own AI ventures and many client companies through it. Verification typically takes 2-7 days after the bank account is live.
Doable, with caveats. Bank Negara has clear rules on virtual asset service providers. We structure your entity around your actual flows — some banks are friendlier to crypto-adjacent businesses than others, we know which.
Tax & compliance
What ongoing obligations look like.
Standard rate is 24%. SMEs (paid-up capital ≤ RM 2.5m) pay 15% on the first RM 150,000 and 17% on the next RM 450,000. Real-world effective rates vary based on your sector and structure.
Foreign-sourced income remitted to a resident company is generally exempt under current rules, with conditions and exceptions tightened in 2022 and clarified in 2024. We walk you through your specific case before you incorporate, not after.
Annual return to SSM, annual tax filing to LHDN, AGM (or written resolution in lieu), audited financial statements (with exemptions for dormant or small companies), maintenance of statutory registers. We handle all of this under ongoing secretarial services.
AI / SaaS / solo founder
Specific to modern, remote-first businesses.
Depends on your priorities. Malaysia wins on cost (30-50% cheaper than Singapore), foreign-sourced revenue treatment, and lifestyle. Singapore wins on banking sophistication and investor familiarity. Delaware wins on US investor preference but loses on operational cost. We've written a longer comparison in our Insights section.
Yes. Solo foreign founder + nominee director + remote operations is a structure we handle weekly. The nominee handles residency requirements only — operational and bank-account control stays with you.
Yes — the team behind this site runs AI ventures incorporated through the same parent firm. Stripe, USDC, MRR, foreign customers, agent-first products — these are not abstract concepts to us.
Visas & residency
Living in Malaysia after you incorporate.
Yes — multiple paths. Employment Pass (for company directors with paid-up capital meeting thresholds), MM2H (medium-term residency), DE Rantau (digital nomad pass). We coordinate the application; immigration agents file.
No. The company is a separate legal entity from you. Many of our clients have never set foot in Malaysia. Tax residency is a separate question — we advise on that case-by-case.
Yes. Once you have employment infrastructure (EPF, SOCSO registrations, employment passes for foreign hires), you can hire local Malaysian staff or sponsor foreign team members through Employment Passes.
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