Best New Business Formation Lawyers in Malaysia

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Azmi & Associates
Kuala Lumpur, Malaysia

Founded in 2000
200 people in their team
Malay
English
Chinese
ABOUT USAzmi & Associates is a full-service international law firm that was founded on the principle that we would succeed only if we deliver prompt, high-quality and cost-effective services to our clientele.We progressively strive to be a world-class corporate and commercial law firm,...
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Kevin Wu & Associates
Kuala Lumpur, Malaysia

Founded in 2020
7 people in their team
English
Chinese
Malay
We are a full-service law firm based in Kuala Lumpur, Malaysia. We possess a broad range of expertise to serve our clients. Our Firm's 3 Core Divisions are Corporate Advisory, Dispute Resolution and Criminal Law. Each of our Divisions is helmed by specialist practitioners who are able to leverage...
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C H QUAY LAW CHAMBERS
Seri Kembangan, Malaysia

Founded in 1998
English
C H Quay Law Chambers, established in 1998 by Quay Chin Huat, is a distinguished legal firm based in Puchong, Selangor, Malaysia. The firm specializes in real estate, conveyancing, banking, corporate law, and civil litigation. With over 25 years of experience, Mr. Quay has led numerous high-profile...

Founded in 2019
English
Lim Law Chambers is a distinguished law firm located in Johor Bahru, Malaysia, renowned for its comprehensive range of legal services. Specializing in areas such as family law-including on-site divorce services-estate planning, business contracts, real estate transactions, criminal defense, and...
Cassandra Lee Chambers
Kuala Lumpur, Malaysia

Founded in 2021
English
Cassandra Lee Chambers (CLC) is a distinguished Malaysian law firm specializing in wills, trusts, probate, wealth management, and estate planning. The firm offers comprehensive services tailored to clients with complex family structures or specific, unconventional needs. CLC's expertise extends to...

Founded in 1992
50 people in their team
Malay
ABOUT USS. K. Ling & Tan Advocates started its humble beginning in Sibu Town, Sarawak in the year 1992 before expanding its branches all across the State of Sarawak. With more than 20 years of experience, we are able to provide practical advice that reflects a good understanding of our...
Marcus Ng Law Firm
Kuala Lumpur, Malaysia

Founded in 2000
10 people in their team
Malay
About Us 关于我们Areas of service: Kuala Lumpur, Triang, Temerloh, Mentakab, Seremban, Malacca and Johor Bahru.We represent clients from all walks of life: among them are the laymen on the street, professionals from different industry sectors as well as small and medium enterprises or...

English
Jack & Cheng (Advocates & Solicitors) is a boutique law firm in Seremban, Malaysia, founded by partners Ng Jack Ming and Yap Jia Cheng. The firm offers a comprehensive range of legal services, including Corporate & Commercial Dispute Resolution, Civil Litigation, Corporate Tax Dispute Resolution &...
Wong Chambers
Kuala Lumpur, Malaysia

Founded in 2013
English
Wong Chambers, established in 2013, is a boutique law firm in Kuala Lumpur, Malaysia, renowned for delivering tailored legal solutions that are both practical and commercially sound. The firm specializes in civil and commercial litigation, arbitration, and alternative dispute resolution, as well as...
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About New Business Formation Law in Malaysia

New Business Formation in Malaysia refers to the process of legally establishing a new business entity in the country. This process involves registering the business with the relevant authorities, obtaining necessary licenses and permits, and ensuring compliance with local laws and regulations.

Why You May Need a Lawyer

There are several situations where you may require the help of a lawyer for New Business Formation in Malaysia. Some common scenarios include drafting legal documents such as partnership agreements or employment contracts, navigating complex regulatory requirements, and resolving disputes with business partners or competitors.

Local Laws Overview

Key aspects of local laws relevant to New Business Formation in Malaysia include the Companies Act 2016, which governs the incorporation and operation of companies in the country, and the Companies Commission of Malaysia (SSM), which is responsible for regulating businesses in Malaysia.

Frequently Asked Questions

1. What are the different types of business entities I can form in Malaysia?

In Malaysia, you can choose to establish a sole proprietorship, partnership, limited liability partnership (LLP), private limited company (Sdn Bhd), or a public limited company (Berhad).

2. Do I need a business license to operate in Malaysia?

Yes, depending on the nature of your business, you may need to obtain specific licenses or permits from the relevant authorities in Malaysia.

3. How long does it take to register a new business in Malaysia?

The timeframe for registering a new business in Malaysia can vary depending on the type of business entity you choose and the completeness of your documentation. Generally, it can take anywhere from a few days to a few weeks.

4. How can a lawyer help me with New Business Formation in Malaysia?

A lawyer can assist you with legal due diligence, drafting contracts, ensuring compliance with local laws, resolving disputes, and protecting your business interests.

5. What are the tax implications of forming a new business in Malaysia?

Businesses in Malaysia are subject to corporate income tax, which is currently at a rate of 24%. It is important to consult with a tax advisor or lawyer to understand the tax obligations for your specific business entity.

6. Can a foreigner own a business in Malaysia?

Yes, foreigners can own a business in Malaysia subject to certain restrictions and approvals from the relevant authorities.

7. What are the common pitfalls to avoid when forming a new business in Malaysia?

Common pitfalls include inadequate legal documentation, failure to comply with regulatory requirements, and engaging in activities prohibited by law. It is advisable to seek legal advice to avoid these pitfalls.

8. How can I protect my intellectual property when starting a new business in Malaysia?

You can protect your intellectual property through trademarks, patents, copyrights, and trade secrets. Consulting with a lawyer specializing in intellectual property law can help you safeguard your valuable assets.

9. What are the steps involved in winding up a business in Malaysia?

The process of winding up a business in Malaysia involves fulfilling all obligations to creditors, shareholders, and employees, obtaining necessary approvals, and deregistering the business with the relevant authorities. A lawyer can guide you through this process.

10. How can I ensure legal compliance for my new business in Malaysia?

To ensure legal compliance, it is important to stay informed about local laws and regulations, maintain accurate records, and seek legal advice when needed. Engaging a lawyer familiar with Malaysian business laws can help you navigate legal complexities.

Additional Resources

For additional resources related to New Business Formation in Malaysia, you can refer to the Companies Commission of Malaysia (SSM) website, the Malaysian Investment Development Authority (MIDA), and the Bar Council of Malaysia for a list of qualified lawyers specializing in business law.

Next Steps

If you require legal assistance with New Business Formation in Malaysia, it is recommended to consult with a qualified lawyer who can provide tailored advice based on your specific needs and circumstances. Be sure to prepare relevant documents and information to facilitate the consultation process and make informed decisions for your business.

Lawzana helps you find the best lawyers and law firms in Malaysia through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including New Business Formation, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Malaysia - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.