e-invoice malaysia

e-invoice malaysia

Starting and Managing a Business in Malaysia: Everything You Need to Know

Malaysia has become a hotspot for entrepreneurs and foreign investors looking to establish a business in Southeast Asia. With its strategic location, business-friendly environment, and advanced digital infrastructure, setting up a company here is more accessible than ever. However, understanding the differences between business entities, associated costs, compliance requirements, and new government mandates like e-invoicing is essential for success.

At consistantinfo.com.my, we specialize in guiding both local and foreign entrepreneurs through every step of business setup and administration in Malaysia. Whether you’re comparing entity types or exploring the requirements for foreigners to start a company, we’ve got you covered.

Understanding the SDN BHD Cost in Malaysia

When deciding to incorporate a private limited company (Sdn Bhd), it’s vital to understand the financial commitment involved. The Sdn Bhd cost in Malaysia includes several components: registration fees, company secretary charges, audit and tax filing, and annual government compliance costs.

Here’s a quick breakdown of typical expenses:

• Company Incorporation Fee: Varies depending on your service provider.
• Annual Secretary Fees: Mandatory by law and crucial for compliance.
• Accounting and Audit: Required annually for most companies.
• Tax Filing and SST Registration: Based on revenue thresholds.

While an Sdn Bhd may involve higher ongoing costs compared to simpler structures, it offers significant advantages such as limited liability, better access to funding, and higher credibility in the market.

How to Register a Company for Foreigners in Malaysia

Malaysia welcomes foreign investors, but the incorporation process for non-citizens includes additional requirements. If you’re a non-Malaysian citizen looking to start a business here, you can register a company for foreigners through several business structures—most commonly a Sdn Bhd.

Key steps for foreign company registration include:

• Having a minimum of one local director (aged 18+ and residing in Malaysia)
• A local company secretary (licensed by SSM)
• Registered office address in Malaysia
• Capital injection, typically starting at RM500,000 for 100% foreign ownership (depending on business activity)

At consistantinfo.com.my, we streamline the entire process for foreign clients by offering end-to-end support—from consultation and documentation to post-registration services like bank account opening and tax registration.

SDN BHD vs Enterprise: What’s the Difference?

One of the most common questions new entrepreneurs ask is whether to register as a sole proprietorship (enterprise) or incorporate a private limited company (Sdn Bhd). Our in-depth guide on Sdn vs Enterprise explains the fundamental differences and which structure suits your needs.

Here’s a brief comparison:

• Liability: Sdn Bhd offers limited liability; enterprise does not.
• Compliance: Sdn Bhd has more regulatory obligations, such as audited financial statements.
• Tax Benefits: Sdn Bhd may access better tax planning opportunities.
• Funding: Easier for a Sdn Bhd to raise capital and secure business loans.

If you're aiming for long-term growth, professionalism, and scalability, an Sdn Bhd is generally the preferred choice. But if you want to test the waters with minimal overhead, an enterprise might work initially.

Why You Need the Best Company Secretary in Malaysia

Every Sdn Bhd in Malaysia is required by law to appoint a licensed company secretary within 30 days of incorporation. The role of the company secretary is critical—not just for filing paperwork, but for ensuring your business stays compliant with regulations set by the Companies Commission of Malaysia (SSM).

Choosing the best company secretary in Malaysia can significantly reduce legal risks, fines, and operational delays. At consistantinfo.com.my, our company secretarial services cover:

• Incorporation filing and statutory compliance
• Annual general meeting (AGM) preparation
• Filing of company resolutions and changes
• Liaising with SSM on your behalf

With our experienced and certified secretaries, you can focus on growing your business while we handle the red tape.

What You Need to Know About E-Invoice in Malaysia

In line with Malaysia’s move toward digital transformation and improved tax compliance, the government has introduced the e-invoice in Malaysia framework, which will be mandatory for all businesses based on phased implementation.

This digital invoicing system will impact how companies issue, receive, and store invoices. Its main objectives are to:

• Increase transparency in business transactions
• Simplify tax reporting and reduce fraud
• Streamline accounting processes

Whether you're a small business or a multinational company, e-invoicing will eventually apply to your operations. Our digital compliance team at consistantinfo.com.my helps clients transition smoothly to the e-invoice system by providing system setup, training, and integration support.

Why Entrepreneurs Trust consistantinfo.com.my

At consistantinfo.com.my, we’re more than just a company registration service—we’re a strategic partner dedicated to helping businesses succeed. Our team brings years of industry experience and deep knowledge of Malaysian regulations, tax laws, and digital compliance requirements.

What We Offer:

• Business Consultation: Expert advice on choosing the right structure and industry-specific requirements
• Company Incorporation: Fast and hassle-free setup for locals and foreigners
• Secretarial Services: Reliable, affordable, and fully compliant with SSM
• Accounting & Taxation: Monthly bookkeeping, SST registration, tax filing
• Digital Solutions: Cloud-based accounting and e-invoicing integration

From startups to expanding foreign businesses, we offer tailored solutions that meet your business goals.

Client Success Story: From Startup to Success

One of our foreign clients, a tech startup from Singapore, approached us to register a 100% foreign-owned Sdn Bhd in Malaysia. With our expert guidance, they navigated local regulatory requirements, secured an office address, appointed a local director, and went live within just two weeks.

Our services didn’t stop there—we also helped them comply with e-invoice mandates, manage payroll, and stay tax-compliant. Today, they operate successfully in the Malaysian tech sector with full legal and operational support from consistantinfo.com.my.