When expats think of Malaysia, they imagine the sandy beaches of Langkawi, the extravagant health resorts, and scenic hills of Cameron Highlands. However, this country of 40 million people offers more than meets the eye. Global investors are looking with interest at the growing potential of the country’s strong manufacturing and mining sector. The leading industrial production index (IPI) is up 4.3% from June 2014. The upward index was driven by positive growth of its subsectors.
This news is great for foreign investors looking to establish presence in the ASEAN’s industrial scene. The trade tariffs within the union are low and Malaysia has the infrastructure to support the growing volumes of international trade.
“Malaysia is more than just a trading venue for Asian industrial giants. The country is a preferred relocation place due to its positive economic climate and cheap costs of living. Truly a wonderful entrepreneurial hub!” said our Malaysian Relationship Director, Mrs. Karen Lee.
Healy Consultants understands the need for a comprehensive business setup guide for standard limited companies and industrially-oriented free zone businesses. With our new and improved Malaysia business setup page (http://www.healyconsultants.com/malaysia-company-registra...), complete with comparison tables of different types of entities, this is the perfect tool for any global entrepreneurs.
ASEAN-related business is a key topic in Malaysia, as the block is bringing significant foreign direct investments into the country in the past year. For example, the trading volume between Vietnam easily reaches 20 billion US dollars. The Malaysian government is taking note of these new investment trends and aims to support them with the increasing importance and promotion of the External Trade Development Corp (MATRADE). The ever-growing trade targets will receive further support by the Asean Economic Community, which aims to be established by the end of 2015.
In conclusion, Malaysia brings growth and potential to international trade and industry businesses, which will boost its reputation and rankings over many other traditional business hubs.
About Healy Consultants
For over a decade, the incorporation experts at Healy Consultants Pte Ltd., with their branch in Malaysia, have been assisting investors worldwide to set up the optimum corporate structure for doing business in the country. The services offered include company registration, banking solutions, accounting and tax and legal services and corporate support services.
Contact us
To inquire more about Malaysia company setup options and schedule a conference call, email us at email@healyconsultants or call us on +65 6735 0120
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Mr. Petar Chakarov
