Yes, can. Foreign director can own 100% shares of the company in Malaysia. More: [ Ссылка ]
local director or shareholder is not required to register a limited company.
Some conditions are there as follows:
1. If nature of business is relating to retail or wholesale foreign director must either increase paid up capital 1 million Ringgit or allocate shares of the company to local Malaysian partner.
2. If any other nature of business those are not relating to retail, wholesale and manufacture can keep paid up capital 1 Ringgit to 4000 Ringgit.
3. And, no local Malaysian partner is required.
4. Now it might be question, why 1 million Ringgit paid up capital is required for retail/ small and wholesale business?
5. Ok, to start retail/ small and wholesale business WRT license is required.
6. And, WRT license authority have a requirement of the company should be 1 million Ringgit if no local partner is available in the company.
7. Let, you are planning to start service, trading, export import business so do you still require local partner? No, you do not require local partner to register a company and own 100% shares of it as foreigner.
8. Still, you have question in mind that local nominee might require to incorporate a company as foreigner?
9. No, Local nominee director is not required also to incorporate a Sdn Bhd company in Malaysia as foreigner.
Contact Us for any inquiry:
Contact +601151177141 (WhatsApp available).
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