Registration of company with or without Local Malaysian can be done within one week. Those who are willing to start business in Malaysia can also register company 100% foreign owned. If the Visa & Work Permits are required by company Directors, then Paid up capital should RM 1 Million.
The minimum paid-up capital for companies: Private Limited Company/Public Listed Company effective 1st January 2009 are as follows:-
1. 100% Locally Owned RM 250,000.00
2. Local and Foreign Owned RM 350,000.00
3. 100% Foreign Owned RM 500,000.00
4. If the nature of business is Trading, Export/Import, Shop, Restaurant, then capital should be: RM 1 MILLION.
Most of people are misguiding to foreigners that they cannot register company without any participation of local person, but be careful this is wrong statement. There is positive side for foreigners if they consider any Local Malaysian in their company, that they will get exemption from Ministry of Domestic Trade for obtaining WRT Approval is Local is inducted with 50% shares in company.