According to world investment statistics compiled by the United Nations Conference on Trade and Development (UNCTAD), Malaysia’s ranking in Foreign Direct Investment (FDI) size among the 10 ASEAN countries has steadily improved—from sixth place in 2020 to fifth in 2021, and fourth in 2022. With abundant opportunities in sectors such as manufacturing, electrical and electronics, real estate, technology, and e-commerce, Malaysia has emerged as an attractive destination for foreign investment. However, the country is also recognized for its complex web of regulations and compliance requirements. Navigating these complexities, securing the ideal location, and ensuring adherence to local laws are just a few of the challenges that investors must overcome.
At Conwall Construction Industries, we understand these challenges and offer a comprehensive one-stop solution for FDI in Malaysia. Here’s a detailed FDI package breakdown designed to streamline the process and set you up for success.
Package 1:
Land Searching, SSM Registration, and Bank Account Opening
1. Land Searching
The journey begins with the crucial task of finding the right location for your business. Our team specializes in land searching, helping you identify industrial lands or factories available for rent or sale. We take the time to understand your specific requirements, ensuring we find a site that meets your operational needs.
2. SSM Registration
Suruhanjaya Syarikat Malaysia (SSM) also known as Companies Commission of Malaysia, is a compulsory registration certificate for all businesses and companies in Malaysia. Once you’ve secured your location, we assist with SSM registration to formalize your business presence. This includes everything from selecting the right company structure to filing the necessary paperwork.
3. Bank Account Opening
We facilitate the opening of a bank account, ensuring a smooth transfer of funds for your operations. This package is designed to provide you with a solid foundation for your business in Malaysia.
Package 2:
Factory Premise Layout Plan and Authority Submission
Creating an efficient and compliant factory layout is essential for operational success. In our second package, we work closely with you to develop a comprehensive factory layout plan tailored to your needs. This plan is then submitted to the local authorities for approval, ensuring that your setup meets all regulatory requirements.
Our expertise in local regulations means you can trust us to navigate the complexities of authority submissions, allowing you to focus on your core business activities.
Package 3:
Application of Licenses for Setting Up Manufacturing Facilities
Setting up manufacturing operations in Malaysia requires various licenses, each with its specific application process. Our third package streamlines this process by assisting you with the application of essential licenses, including:
1. Business License
2. Expatriate Services Division (ESD) License for Expatriate and Foreign Worker
3. Pioneer Status (PS)
4. Manufacturing License
5. Country of Origin (COO)
6. Licensed Manufacturing Warehouse (LMW)
Package 4:
Integrated Business On-Boarding Services
Once your business is set up, ongoing support is critical to ensure smooth operations without unnecessary disruptions. Our Integrated Business On-Boarding Services provide a multi-stage approach to support your business from its initial stages through to maturity. Below is an overview of how each stage works:
1. Building & Construction Stage
We work with you to optimize your factory’s layout, ensuring efficient space utilization and smooth workflow, reducing bottlenecks, and increasing productivity from the outset.
2. Readiness & Fundamental Stage
During the first 18 months of operation, we concentrate on establishing a strong foundation for your business. Our comprehensive approach includes strategic business planning, the development of sustainability strategies, compliance advisory for taxation and legal matters, and targeted workforce training. Additionally, we prioritize Health, Safety, and Environment (HSE) planning, alongside establishing a robust supply chain and IT infrastructure to support your operational needs.
3. Performance Testing Stage
During the 18 to 24 months of operation, we focus on comprehensive business performance planning and the implementation of continuous improvement programs to refine your operations and enhance overall efficiency.
4. Post-Start-Up Support
After the initial 24 months, we offer regular performance reviews to ensure your business continues to grow sustainably. Our support helps you adapt to market changes and evolving regulatory requirements, positioning you for long-term success.
Package 5:
Design and Build (EPC for Factory Setup)
Our final package focuses on the Engineering, Procurement, and Construction (EPC) approach for factory setup. We collaborate with you to create a design that aligns with your vision and operational requirements. Our team including the project manager, site engineer, architect, contrator Malaysia will procure high-quality materials and execute construction in strict adherence to the approved design, ultimately obtaining the Completion and Compliance Certificate (CCC) upon project completion. This package provides a hassle-free experience, ensuring your project is built to your specifications while fully complying with all regulatory requirements.
Conclusion
Conwall Construction Industries is a leading construction company in Malaysia and we pride ourselves on providing one-stop solution for FDI. We know that entering a new market can be a daunting challenge for foreign investors. Hence, our comprehensive FDI packages are designed to simplify the investment process, allowing you to focus on what you do best—growing your business. Whether you’re just starting to explore opportunities or are ready to develop business in Malaysia, our team is here to support you every step of the way. Contact us today to learn more about how we can assist you in making your investment a success!
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