Can a foreigner own 100% of a Sdn Bhd?
In most industries, yes. A few sectors limit foreign ownership or need a licence before you can trade. Tell us your business activity and we'll check it for you.
You still need a director living in Malaysia
Every Sdn Bhd needs at least one director whose main home is in Malaysia. This can be a Malaysian, a permanent resident, or a foreigner who lives here on a long-term pass. Many foreign owners appoint a trusted local partner as this director.
Paid-up capital
The legal minimum is RM1, but foreign-owned companies often need more, depending on what they plan to do:
| If you want to | Usual paid-up capital |
|---|---|
| Apply for an Employment Pass for yourself or foreign staff | RM500,000 for a 100% foreign-owned company |
| Do wholesale or retail trading | RM1 million, plus a trading licence |
| Run a simple service business with no foreign staff | Can be much lower |
Rules change and depend on your industry. We'll confirm the right amount for you before you register.
Documents we'll ask for
- Passport copy of each foreign director and shareholder
- Residential address, phone number and email
- NRIC copy and details of the local resident director
- Up to 3 proposed company names
- A short description of your business
Opening a bank account
Most Malaysian banks want to meet the directors in person. They may also ask about your business plan and where the money comes from. Plan a short trip to Malaysia for this. We'll prepare the board resolutions the bank needs.
How long it takes
Usually 3 to 5 working days after the documents are signed, the same as for Malaysian owners. Most of the paperwork can be done remotely.
Starting a company in Malaysia?
WhatsApp us your plans, and we'll tell you what you need.