Business Setup in Asia

1. Malaysia

A foreigner or foreign company who wish to carry on business in Malaysia may do it by

• Registering a locally incorporated company; or
• Registering as a Foreign Company under the Companies Act 1965 (ie as a branch of the foreign company in Malaysia

The ownership of foreign interest in the company will be subject to foreign equity policies of the country which may vary from industry to industry and from case to case. Foreign Investment Committee is the government agency that sets policies on foreign investment in Malaysia. Approval from FIC and/or other government agencies may therefore be required for foreign equity. The foreign equity allowed may range from 30% to 100% depending on the type of industry and sector.

2. Singapore

If you have any intention to register company in Singapore, it is important that you know the type of company or business entity that you want to incorporate, such as Sole Proprietorship, Partnership, Limited Liability Partnership, or Limited Partnership. As a home to so many international companies operating in a wide spectrum of industries, the legal framework of Singapore allows for a variety of business structures to get registered and do sustainable and profitable business while ensuring that their diverse needs and requirements are met.

The decision about the type of company you need to incorporate is important as the type of entity you choose will ultimately determine the key matters such as the liability of owners, transfer ability of business, financing and expansion potential of the business and most importantly the tax and compliance cost of maintaining the entity.

Here are all the important details about types of companies in Singapore so that you can choose the best option that's applicable in your specific situation.

There are 3 types of Company in Singapore:

• Private Limited Company (Pte. Ltd.) : Private limited company incorporation in Singapore is the choice of many small and medium size business entities
• Public Limited Company : Different from a private limited company, the shares of a public limited company are often available to the general public. These companies will be found in the stock exchange. The number of shareholders is at a minimum of least 50 people.
• Public Company Limited by Guarantee : Unlike private and public limited companies, this type of company is mainly setup for a non-profitable purpose.

We also do incorporation in Philippines, Thailand, India, Indonesia, Hong Kong, Australia