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Malaysia Company’s Paid-up Capital Requirements for Employment of Foreign Expatriate

Update Date:2015-11-11 17:10:35 Source:Tannet (Malaysia) Sdn Bhd Views:1170

Malaysia Hotline: +603-2141 8908

 

The employment of expatriate for Malaysia company depends on the shareholding of the company, which show as following for reference:


EQUITY

PAID-UP CAPITAL

100%  Local-Owned

RM250,000

Joint venture (minimum foreign equity is 30%)

RM350,000

100%  Foreign-Owned

RM500,000

Foreign-owned companies (foreign equity at 51% and above) operating in the Wholesale, Retail and Trade (WRT) sectors (mandatory requirement to submit valid WRT license, if applicable).

RM1,000,000

Foreign-owned companies (foreign equity at 51% and above) involved in the sub sectors on unregulated services are required to refer to the Services Industry Division, Ministry of Domestic Trade, Co-operatives and Consumerism on the application guideline to obtain approval.


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