Developing Business

in Malaysia – Part 1
By
Muhammad Izmer Yusof (BSc, MSc UUM)
HOW to start a business in Malaysia?????

Hmmm..ambo nok
niago gapo ni?
 World Bank's Doing Business 2020 report ranks
Malaysia 12th amongst 190 global economies, and
2nd in South East Asia. The Malaysian economy is
also observed to be on the path to recovery in
2021, with GDP growth projected at 4.4%
according to The Economist Intelligence Unit
forecast as of 14 June 2021.
• Many people aim big when
come to start their own
business, while some people
prefer small business.
• The intentions of starting a small
business vary from individual to
individual – Some people want to
have more quality time with
family; some people want to
venture the journey as an
entrepreneur;
• And there are people who want
to have more flexibility in their
working life.
 So what to do?

1. Have
idea!
2. Create
Plan!

3. Modai!!
 What Are the Steps to Start a Business?
• There are several different types of business entities available in
Malaysia. Every business entity has its own compliance requirements,
tax structure etc.
• If you are a local entrepreneur: You can opt to register your company
as either a Sole Proprietor, or Limited Liability Partnership (LLP), or
General Partnership and Company as they are the common business
entities available in Malaysia.
 NAME YOUR KEDAI!!@BUSINESS
Every business needs a name. A good business is more than just a
brand name – it is also part of your marketing strategy and brand
identity. Run a name check after you have handpicked the business
name:
• Complete Request For Availability Of Name form and submit to
Suruhanjaya Syarikat Malaysia (“SSM”); and
• You need to pay a fee at RM30.00 for each name applied
• After the name check, register the name with SSM to get approval
from the Company Formation in Malaysia.
SHOULD your business need a premise?
 Should somebody support you? YES!!
• Technical Support
• Financial Support
Bank Bank di Malaysia
Ada soale ko deh?
 TUGASAN KEHADIRAN 21/8/23
• JAWAB DALAM LINK DALAM
GOOGLECLASSROOM!
• SOALAN
• Soalan 1: Apakah ranking Malaysia • Soalan 3: Dimana pendaftaran
dalam Ease Doing Business Index 2020 perniagaan anda harus didaftarkan
• A. 11 • A. SSM
• B 12 • B SMS
• C 13 • C SMM
• D 14
• D SSN
• Soalan 2: Manakah antara berikut
bukan organisasi untuk support • Soalan 4: Mana antara organisasi
usahawan berikut tidak sesuai untuk “startup”
• A. MTDC • A. MAGIC
• B. BIOECONOMY CORPORATION • B. CRADLE
• C. MEDAC • C. MTDC
• D. ISI • D. MTSPJ