The information contained herein is strictly for reference only and shall not be solely relied upon for business decision.
The author caution that the information contained herein is substantially relevant only to SME ventures and/or businesses and the information contained herein may not be exhaustive and the information contained herein is mutually exclusive on each reference provided by the author. The fee/cost /expense quoted herein are based on the knowledge of the owner of the website and should not be quoted elsewhere for comparison purposes. The owner and/or the author reserve the right to institute legal action for the recovery of any damages/losses incurred, whether tangible or intangible on any quotation made or furnish to any party other than the owner and/or author, of the content or fee/cost/expense provided herein.
Lastly, the author welcomes your visit and wishes you all the best in your endeavors.
The following acronyms and abbreviations shall be read in conjunction with the references made in the content stated herein.
| CA | Malaysia Companies Act, 2016 (Act 777) | SME | Small and Medium Enterprise |
| MIT | Malaysian Income Tax Act, 1967 | BHD | Public Company |
| BRA | Business Registration Act, 1957 | LA | Local Authority |
| SB | Private Limited Company | RM | Ringgit Malaysia |
Your exploration of your business ventures in Malaysia will be accompanied by the general Malaysians who are quite linguistic. The Malaysian education system and the culture together with the different races within the community have provided generations with the skill of understanding and communicating in Bahasa Malaysia, English and Mandarin. Moving around within Malaysia hence shall not be a concern.
Malaysian food is generally a little more spicy, however, the cuisine of your taste is easily found within the cities in Malaysia.
In general, the average spending for a decent lodge in a hotel together with self dining and a little bit of local traveling with cab and commuters would be approximately RM1,000 a day.
Business hour in Malaysia are at the usual 9 - 5. Shopping malls will be at 10 - 10; pubs will be at 2 - 2; convenient chain is 24 hours.
A taste of the local specialty at the “Mamak” shop is a must. Most of them operate throughout the Nite. The Mamak serve a variety of cuisine with the blended aroma of Indian, Malay and Chinese. Try the “teh tarik”, which is the mere Ceylon tea, blended with milk, not the taste but the style of preparing it, you might be amazed.